I think the stock market baked in a rate cutting September and now it seems like they will hold rates. Market is giving back the baked in rate cuts.
It's the economy stupid
- Thread starter BillytheC
- Start date
Lol, the dem machine is already "urging" Powell into a September cut before the election after July's just released (a miss, fancy that) unemployment rate. They'll threaten Powell with Trump's Butler, PA SS detail if he doesn't cave.
'Democrats on Friday urged the nation’s central bank to cut interest rates now as the unemployment rate surged.
The unemployment rate jumped to 4.3 percent and employers added 114,000 workers to their payrolls in July, a significant miss from economists’ 180,000 expected jobs estimate.'
Many Democrats who have been calling for the Federal Reserve to cut interest rates are demanding that the Fed take action now.
https://www.breitbart.com/politics/2024/08/02/panicked-democrats-demand-rate-cuts-now/
The media didn't get it wrong, they covered for joey and kammie
www.dailysignal.com
Experts, Media Got It Wrong: The Economy Is in Far Worse Shape Than We Thought
If you said you were worse off now than four years ago, the media said you’re believing lies. But the lie was that the economy was far better than it is.
Bill, they spelled “The media lied” incorrectly!The media didn't get it wrong, they covered for joey and kammie
Experts, Media Got It Wrong: The Economy Is in Far Worse Shape Than We Thought
If you said you were worse off now than four years ago, the media said you’re believing lies. But the lie was that the economy was far better than it is.
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