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03-03-2020, 06:55 PM
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Sage
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Join Date: Apr 2016
Location: Between 466 & 466A
Posts: 10,508
Thanks: 82
Thanked 1,505 Times in 677 Posts
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Quote:
Originally Posted by tophcfa
Agree, 50 BPs is a huge rate cut relative to how low rates already are. This big a rate cut leaves very little room for more cuts if needed.
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Yep. 
Some people should ask themselves why they would believe someone touting how great, deep and strong the economy is...would also say why ANY cut (much less such a large one) is needed. 
And no, it's not really because of the coronoavirus, because certain people have been whining about needing it cut...for a long time now.
Makes no freaking sense. 
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