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Fed Goes Big: Cuts Rates by Half Percentage Point (www.breitbart.com)

posted 113 days ago by aslan_is_0n_the_m0ve 113 days ago by aslan_is_0n_the_m0ve +23 / -0

Fed Goes Big: Cuts Rates by Half Percentage Point

The Federal Reserve moved to cut interest rates by a half percentage point—the first reduction since the central bank cuts rates to near zero in 2020—in a | Economy

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– Baffled 4 points 113 days ago +4 / -0

Ummm - wait until everyone sees what happens to inflation, etc. as a result of these rate cuts.

These rate cuts are like pouring gasoline on a fire to put it out... Weimar Amerika, indeed.

Edit: PLUS, they already had a terrible T-bill auction... and now that they cut the rates, it is going to be even worse... who will buy the T-bills to finance the massive US deficits now?

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– Munchaussen 2 points 113 days ago +2 / -0

You are understanding this on a deep level.

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– ILoveIvermectin 1 point 113 days ago +1 / -0

2008 on donkey roids.

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