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Fed minutes released, signals rate cuts next meeting

Discussion in 'Too Hot for Swamp Gas' started by WarDamnGator, Aug 21, 2024.

  1. WarDamnGator

    WarDamnGator GC Hall of Fame

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    Last edited: Aug 21, 2024
    • Like Like x 4
    • Informative Informative x 2
  2. exiledgator

    exiledgator Gruntled

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    Impossible. I was promised that couldn't happen because wives felt like gas was more expensive once.
     
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  3. G8tas

    G8tas GC Hall of Fame

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    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
     
    • Agree Agree x 2
    • Disagree Bacon! Disagree Bacon! x 1
  4. demosthenes

    demosthenes Premium Member

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    We’ve been told that inflation isn’t low enough to lower rates and that the Fed waited too long to lower rates.
     
  5. jeffbrig

    jeffbrig GC Hall of Fame

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    MAGA: "They're only doing this to help Biden get re-elected..."
     
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  6. mdgator05

    mdgator05 Premium Member

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    The rate cuts are both too fast and too slow and it is all the VP's fault.
     
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  7. cluckugator

    cluckugator VIP Member

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    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.
     
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  8. exiledgator

    exiledgator Gruntled

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    Agreed.

    We need to buy a vehicle. May wait til EOY now.
     
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  9. gatorpa

    gatorpa GC Hall of Fame

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    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.
     
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  10. docspor

    docspor GC Hall of Fame

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    Guessing 50
     
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  11. citygator

    citygator VIP Member

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    Just in time to have the market humming by November. Deep State is activated.
     
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  12. gatorpa

    gatorpa GC Hall of Fame

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    Yeah we may not get the October pullback we usually get with rate cuts looming.
     
  13. G8trGr8t

    G8trGr8t Premium Member

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    That would be bold
     
  14. WarDamnGator

    WarDamnGator GC Hall of Fame

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    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.
     
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  15. docspor

    docspor GC Hall of Fame

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    [​IMG]
     
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  16. BigCypressGator1981

    BigCypressGator1981 GC Hall of Fame

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    [​IMG]
     
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