Quote:
Originally Posted by GrumpyOldMan
Also, few if any are laying this at the feet of the current administration, recessions are cyclical and its that time again.
What some are concerned about is the Fed lowering interest rates, and the administration asking for more. When a recession happens, being able to lower interest rates is an important tool to help soften the landing.
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Serious question....this trade war has nothing to do with the economic downturn in your opinion.? Do you believe, as our government does that China is writing us checks each time we raise the tariff ? The FED believes that the tariffs have an impact even though American businesses have said over the past year that the tariffs and retaliatory measures have forced them to increase prices, delay investment and cut jobs.