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Fed predicinting 3 rate cuts in 2024

Posted on 12/13/23 at 3:06 pm
Posted by CAD703X
Liberty Island
Member since Jul 2008
78548 posts
Posted on 12/13/23 at 3:06 pm
here's my shocked face

imagine using the fed to artificially stimulate the real estate market ahead of the november election in an effort to keep your party in power.

imagine.

LINK


i hate everything and everyone in washington
Posted by Powerman
Member since Jan 2004
162269 posts
Posted on 12/13/23 at 3:09 pm to
The chairman of the fed that was appointed by Trump has a political axe to grind to keep Biden in power? That's the take that you've come here to share with us?
Posted by Strannix
District 11
Member since Dec 2012
49101 posts
Posted on 12/13/23 at 3:10 pm to
Inflation will explode again, it hasnt really slowed yet
Posted by TheHumanTornado
Baton Rouge, LA
Member since May 2008
3792 posts
Posted on 12/13/23 at 3:10 pm to
quote:

The chairman of the fed that was appointed by Trump has a political axe to grind to keep Biden in power? That's the take that you've come here to share with us?


The best people.....
Posted by Burt Orangello
DFW
Member since Sep 2023
638 posts
Posted on 12/13/23 at 3:12 pm to
quote:

Fed to start cutting rates midyear in 2024 with high chance of soft landing...


They can't follow through with anything. They'll cut rates and we'll be right back where we started. The only way out of this mess is through it, and through it is going to involve some pain.
Posted by TigerB8
End Communism
Member since Oct 2003
9379 posts
Posted on 12/13/23 at 3:12 pm to
quote:

The chairman of the fed that was appointed by Trump has a political axe to grind to keep Biden in power? That's the take that you've come here to share with us?


So what you are saying is that not a single Trump appointee was, "under the table" ,working to make him look bad?
Posted by Robin Masters
Birmingham
Member since Jul 2010
30107 posts
Posted on 12/13/23 at 3:13 pm to
quote:

chairman of the fed that was appointed by Trump has a political axe to grind to keep Biden in power? That's the take that you've come here to share with us?


We’ve all seen what happens to anyone who “threatens democracy “. Surely the fed chair wouldn’t want to stand in the way of elected leaders doing democracy, would they?
Posted by Tandemjay
Member since Jun 2022
2535 posts
Posted on 12/13/23 at 3:15 pm to
quote:

The chairman of the fed that was appointed by Trump has a political axe to grind to keep Biden in power?


Trump appointed those who Mitch (GOPe) selected for him to appoint. Is it really that hard for you uni-party guys to understand?
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
74560 posts
Posted on 12/13/23 at 3:18 pm to
Fed needs to cut, getting a .75% isnt really taking the foot totally off the gas

And if they dont east QT then doesnt really matter
Posted by Powerman
Member since Jan 2004
162269 posts
Posted on 12/13/23 at 3:20 pm to
quote:


Trump appointed those who Mitch (GOPe) selected for him to appoint. Is it really that hard for you uni-party guys to understand?

So Trump answers to the uniparty. Sweet.
Posted by RockyMtnTigerWDE
War Damn Eagle Dad!
Member since Oct 2010
105510 posts
Posted on 12/13/23 at 3:20 pm to
Hang on everyone we know the economy sucks and inflation is still rising, but help is on the way.
Posted by CAD703X
Liberty Island
Member since Jul 2008
78548 posts
Posted on 12/13/23 at 3:23 pm to
quote:

The chairman of the fed that was appointed by Trump has a political axe to grind to keep Biden in power? That's the take that you've come here to share with us?


So what you are saying is that not a single Trump appointee was, "under the table" ,working to make him look bad?
exactly
Posted by Vacherie Saint
Member since Aug 2015
39634 posts
Posted on 12/13/23 at 3:25 pm to
Pretty much every establishment political appointee he made under his big tent approach ended up stabbing him in the fricking back. You choose see that as a flaw of Trump. We see that for what it is; a flaw in the establishment.
Posted by Tmcgin
BATON ROUGE
Member since Jun 2010
5118 posts
Posted on 12/13/23 at 3:27 pm to
quote:

So what you are saying is that not a single Trump appointee was, "under the table" ,working to make him look bad


The dude is an absolute machine, he needs no help

His speech last Saturday night in NYC was a case in point
Posted by Tandemjay
Member since Jun 2022
2535 posts
Posted on 12/13/23 at 3:27 pm to
quote:

So Trump answers to the uniparty. Sweet.


Educate yourself fedboy, on how the government works.
It takes three branches to control the US. Your side (uni-party) didn't like the people controlling the executive branch so you threw a wrench in it every step of the way.

The good news it 75+ million people saw the GOPe uni-party in action, your days are over.
Posted by Vacherie Saint
Member since Aug 2015
39634 posts
Posted on 12/13/23 at 3:31 pm to
Libs and Ronbois love this line, but where were the thousands of angels in this swamp to run the government? if the Trump administration taught us anything, its just how irredeemably lost DC really is.

Posted by Powerman
Member since Jan 2004
162269 posts
Posted on 12/13/23 at 3:34 pm to
quote:

Pretty much every establishment political appointee he made under his big tent approach ended up stabbing him in the fricking back. You choose see that as a flaw of Trump. We see that for what it is; a flaw in the establishment

It is much easier to fool someone than to convince them that they've been fooled.
Posted by HVAU
Far, far away
Member since Sep 2010
4655 posts
Posted on 12/13/23 at 3:35 pm to
This is fricking dumb. Powell rose to Fed chair thanks to Trump, and gave Trump all the rate cuts he asked for at a time when cutting rates was completely deleterious to long term economic stability (remember negative effective rates?). You’re only mad because there might not be the negative economic news that benefits your political representative in 2024.

The Fed feels like they’ve been able to regain control of inflation without recession. It’s a pretty sharp edge that had to be walked to get to this point, which currently looks like a good point.

Posted by Tandemjay
Member since Jun 2022
2535 posts
Posted on 12/13/23 at 3:36 pm to
quote:

if the Trump administration taught us anything, its just how irredeemably lost DC really is.


So true, just like the repeated propaganda that 99% of the fbi are good guys.
Posted by HailToTheChiz
Back in Auburn
Member since Aug 2010
49142 posts
Posted on 12/13/23 at 3:37 pm to
quote:

imagine using the fed to artificially stimulate the real estate market ahead of the november election in an effort to keep your party in power.

imagine.


They don't even hide it
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