Quote:
Originally Posted by Normal
The Federal Reserve is likely to start a series of interest-rate cuts next week and keep going through the end of the year, traders bet on Wednesday after tamer-than-expected producer price inflation last month calmed worries that price pressures would hold the central bank back from policy easing.
Fed seen on course for rate cuts after PPI data
If the cost to produced goods keeps falling, we should see rate cuts. That would be good for everyone! |
Rate cut, probably, series of cuts, highly unlikely. .
10 year rate likely to drop? doubtful. .
That's the headline number, under the surface, more signs of inflation. .
I would listen to Ernie Tedeschi before I read anyone at Yahoo finance.
https://x.com/BloombergTV/status/1965851494894186629
https://x.com/ernietedeschi/status/1965757668892573865