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re: Why would the Fed lower the interest rate today?
Posted on 7/31/19 at 10:06 am to Pvt Hudson
Posted on 7/31/19 at 10:06 am to Pvt Hudson
quote:Global economics is a very good reason.
There’s no good reason for the Fed to cut rates today.
Put another way, Greek rates are lower than ours. Think about that.
I believe this is the first time Fed rates ever exceeded those of every other first-world economy for > 90 days.
1
Posted on 7/31/19 at 11:01 am to NC_Tigah
quote:
Global economics is a very good reason. Put another way, Greek rates are lower than ours. Think about that.
You want to use the Greek economy as our measuring stick? Kind of makes my point. There is a ying to every yang.
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