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re: And I was wrong... FEDS raise the rates as expected.
Posted on 5/4/22 at 1:23 pm to lowspark12
Posted on 5/4/22 at 1:23 pm to lowspark12
quote:
Wrong about what?…
I suggested that due to the negative real GDP announced that they would reduce the amout they would raise the rates by from .50 to .25. The raising of rates lowers the real GDP.
quote:
what else were they gonna do with the worst inflation in 40 years?
This was not and is not about not raising rates. It was about how much due to the -1.4% real GDP.
2
Posted on 5/4/22 at 1:43 pm to Jjdoc
odds of them not raising was very slim so i hope some of the decline already is baked in.
hope
hope
Posted on 5/4/22 at 2:09 pm to Jjdoc
The negative GDP number was NOT about demand. It was about supply and an incredibly strong dollar stemming from global concerns from Russia/Ukraine
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