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re: CPI comes in hotter than expected, futures down 1%+
Posted on 4/10/24 at 1:25 pm to SloaneRanger
Posted on 4/10/24 at 1:25 pm to SloaneRanger
quote:
Did I read correctly that Biden just stated that rate cuts may be pushed back a month or so but would happen before the end of the year. He couldn't have come out and said that, right?
Where did you read that? And why not? Its highly probable rates will be cut in 2024 whether you agree or not.
Posted on 4/10/24 at 1:31 pm to CecilShortsHisPants
I saw the clip…just happened about an hour ago at some outdoor WH press conference. He walked it back some saying nobody knows for sure what the Feds going to do.
And why would you say it’s highly probably with inflation closer to 4% than 3%?
And why would you say it’s highly probably with inflation closer to 4% than 3%?
This post was edited on 4/10/24 at 1:32 pm
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