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Started By
Message
re: Federal Reserve raised interest rates (.25%) Wednesday for the first time in three years,
Posted on 9/16/26 at 7:52 pm to beaverfever
Posted on 9/16/26 at 7:52 pm to beaverfever
I’ll say that this was my main takeaway.
Loading Twitter/X Embed...
If tweet fails to load, click here.Posted on 9/16/26 at 8:21 pm to bayoubengals88
And there it is…
Topic of conversation is “postwar strategy”
We may fly tomorrow.
Topic of conversation is “postwar strategy”
We may fly tomorrow.
Loading Twitter/X Embed...
If tweet fails to load, click here.Posted on 9/16/26 at 8:34 pm to bayoubengals88
and how’s that gonna work? What leverage does the US have here?
inflation is out of control
gas prices are skyrocketing as is diesel (which commerce and agriculture actually run on)
Iran is the aggrieved party
Israel is a pariah
the gulf states just want their oil to flow but they are the ones who have to deal with Iran daily, and they didn’t start this shite, we did
Iranian surrogates just overran Yemen and the saudis are now in open conflict with them…and the US just said “tough shite”
It’s a clusterfrick of historical proportions and yet we are supposed to believe that “Iran wants a deal?”
Come the frick on
inflation is out of control
gas prices are skyrocketing as is diesel (which commerce and agriculture actually run on)
Iran is the aggrieved party
Israel is a pariah
the gulf states just want their oil to flow but they are the ones who have to deal with Iran daily, and they didn’t start this shite, we did
Iranian surrogates just overran Yemen and the saudis are now in open conflict with them…and the US just said “tough shite”
It’s a clusterfrick of historical proportions and yet we are supposed to believe that “Iran wants a deal?”
Come the frick on
Posted on 9/16/26 at 9:21 pm to 98eagle
quote:
I assume all banks have already immediately raised loan rates, but will take another week or so to raise interest earned rates. The reverse would be true if the Fed dropped interest rates. Am I right?
What are you a communist? That’s how markets work. If you don’t want to pay their interest rates then don’t borrow from them. If you don’t like the rate they’re going to pay you for your money then don’t give it to them.
This post was edited on 9/17/26 at 8:14 am
Posted on 9/17/26 at 12:01 am to Sterling Archer
How does raising into rates being down fthe cost of fuel?
Or the price of tarrifs?
Or the price of tarrifs?
This post was edited on 9/17/26 at 7:22 am
Posted on 9/17/26 at 2:42 am to bayoubengals88
Unanimous fed board votes are the norm. That tweet is misleading.
Posted on 9/17/26 at 6:36 am to cgrand
It’s Trump!!?
What can I say??!
Definitely a total clusterfrick
What can I say??!
Definitely a total clusterfrick
Posted on 9/17/26 at 6:54 am to cgrand
quote:
inflation is out of control
How is inflation near 2% out of control
Posted on 9/17/26 at 7:58 am to SDVTiger
I agree with Trump. It's not a demand issue. It's driven by energy and shortages. Can't fix shortages in supply by raising rates. Can work the opposite. I'm on a bank board and we've already seen loan demand decrease. I guess we'll see.
Posted on 9/17/26 at 8:32 am to SDVTiger
We haven’t seen 2% inflation in several years. We saw as low as 2.4 a year or two ago and then it went back above 4 and we are currently above 3. That’s after we hit 9 a few years ago. We’ve seen 25+% inflation the last 5 years. I know you’re a moron, but that averages out to above 5% annually. We need to get to 2 or below just to even it out.
Posted on 9/17/26 at 8:50 am to SDVTiger
How are you wrong on every turn?
Posted on 9/17/26 at 9:02 am to SDVTiger
quote:
How is inflation near 2% out of control
It's nowhere near 2%.
Health insurance decreased 37% over the past three years (according to CPI).
Posted on 9/17/26 at 9:09 am to Art Blakey
So where is it?
And now we trust the BLS data
A rate hike will certainly lower healthcare costs, oil, shelter, lodging away from home and portfolio management fees
And now we trust the BLS data
A rate hike will certainly lower healthcare costs, oil, shelter, lodging away from home and portfolio management fees
This post was edited on 9/17/26 at 9:11 am
Posted on 9/17/26 at 10:40 am to SDVTiger
quote:
So where is it?
Not where they say it is is the best I can do, lol.
Posted on 9/17/26 at 12:27 pm to TX_Tiger23
quote:Definitely not a communist. Just trying to point out that the banking industry basically colludes without actually colluding as an overall group with interest rates similar to what gas stations do when they react to oil prices going up or down.
What are you a communist?
Oil prices go up and gas stations are super quick to raise prices, even though many just filled their tanks when oil prices were lower. Oil goes down and gas stations take days, weeks or longer to gradually lower their prices. Gas stations don't talk to each other and actually collude. They just know that that's how they will all react to oil prices because that's the way it has always been.
Banks are exactly the same. Interest earning accounts can expect rising interest rates to struggle taking steep stairs slowly going up but take the elevator going down super fast when interest rates go down. The reverse is true on loans. Banks don't actually collude but they know that as a group they will all naturally react to Fed rate changes in a way that makes them as much profit as possible as long as possible with no regard for their customers.
This post was edited on 9/17/26 at 12:33 pm
Posted on 9/17/26 at 12:41 pm to Art Blakey
quote:
Not where they say it is is the best I can do, lol.
Posted on 9/17/26 at 1:00 pm to 98eagle
quote:
Definitely not a communist. Just trying to point out that the banking industry basically colludes without actually colluding as an overall group with interest rates similar to what gas stations do when they react to oil prices going up or down.
Now I think you’re making a better argument and great follow up to my reply!
Posted on 9/17/26 at 2:39 pm to Suntiger
quote:
Must be nice to be rich and not care about inflation while the rest of us poor smucks have been dealing with insane cumulative inflation the past four year. What a narcissistic moron!
Sorry. Your family should have been involved in World Liberty Financial and made a billion dollars
Posted on 9/17/26 at 5:20 pm to Art Blakey
quote:Averages around 7%. 5.41% YoY right now.
Not where they say it is is the best I can do, lol.
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