Quote:
Originally Posted by tophcfa
Respectfully disagree. The Federal Reserve’s job is to balance the tightrope of promoting economic growth while simultaneously keeping inflation under control. In my opinion, real inflation (not what’s being reported) does not merit a rate cut. Furthermore, the Fed is supposed to be an independent agency, and bowing to outside influences to lower rates undermines confidence in the agency and is a very bad look.
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Wondering............what do you think "real inflation" is??
I don't think the Fed bowed to anything.........I think the right cut was 50 points, but only did 25 to prove they are not bowing.
