[Normal]

The Fed will announce tomorrow whether they will raise interest rates to check inflation or leave them alone. My money is on leaving them as they are, but they do have some inside information none of us commoners are privy to. It’s kind of obvious that lowering interest rates is a big fat NO.

[thelegges]

Originally Posted by Normal

The Fed will announce tomorrow whether they will raise interest rates to check inflation or leave them alone. My money is on leaving them as they are, but they do have some inside information none of us commoners are privy to. It’s kind of obvious that lowering interest rates is a big fat NO.

They have the same coin to flip heads yes tails no

[Stu from NYC]

My bet is no

[tophcfa]

Powell is stuck between a rock and a hard place. The rock is inflation and the hard place is his boss. I don’t envy him.

[Bassdeer]

He will get it wrong.

[opinionist]

The last time rates were lowered, the long-term rates went up. He can choose to raise rates and crash the economy or lower rates and crash the dollar.

[kkingston57]

Originally Posted by tophcfa

Powell is stuck between a rock and a hard place. The rock is inflation and the hard place is his boss. I don’t envy him.

Technically he does not have a boss. He is supposed to be independent

[gorillarick]

If you don't know where the economy is headed. Then you should just leave it alone.

Things are being shaken right now (most of us hope for the good). But inflation is not bad; compared to the past few years.

[Boomer]

Dear Jerome,

Please hang tight. It is not yet time.

Sincerely,
Boomer

[Boomer]

Originally Posted by Boomer

Dear Jerome,

Please hang tight. It is not yet time.

Sincerely,
Boomer

It looks like Jerome read my early afternoon post here on TOTV just in time and took my advice.

Boomer

[Laker14]

Originally Posted by Boomer

It looks like Jerome read my early afternoon post here on TOTV just in time and took my advice.

Boomer

He recognized good advice when he read it.

[Caymus]

He should announce his decision more dramatically by sending up a cloud of smoke. Black to hold steady, white to cut. Just need another color to raise.

[Ignatz]

Tried to delete post. User error.
LOL

[FredMitchell]

How much money as percentage of assets? What instrument are you using?

[Michael G.]

Originally Posted by Caymus

He should announce his decision more dramatically by sending up a cloud of smoke. Black to hold steady, white to cut. Just need another color to raise.

Good one.