Good news for everyone… the Fed minutes released this afternoon indicate a September rate cut is nearly certain. CNBC says traders are pricing in a 100% certainty that rate cuts will happen. S&P 500 rises after Fed minutes signal likelihood of September rate cut: Live updates
I'm anxious to see how MAGA spins this. Either way it will be spun to make it seem like this is to spite the world's oldest snowflake
We’ve been told that inflation isn’t low enough to lower rates and that the Fed waited too long to lower rates.
Only question is will it be 50 basis points or 25? Based on nothing but a guess, 25 sounds right with 2 more cuts by year end.
Considering that as well. About to buy my newest 16 year old one but that will be cash, used car rates are much higher than MM @ this point.
0.5 is gaining speed, but I still think it's 0.25 because the fed has been overly cautious and slow, in both directions, under Powell.
