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re: Powell says Fed would have cut rates by now if not for tariffs

Posted on 7/2/25 at 1:24 pm to
Posted by AaronDeTiger
baton rouge
Member since Jun 2014
2143 posts
Posted on 7/2/25 at 1:24 pm to
He'll probably appoint Bessent to Adriana Kugler’s seat when her term ends in January 26 and also nominate him for director to undermine Powell until May.
Posted by LSURussian
Member since Feb 2005
133318 posts
Posted on 7/2/25 at 1:31 pm to
quote:

I think he'll start cuts in September.
I'm going to go out on a limb and predict the FOMC will cut their overnight target rate by .25% at their meeting the end of this month (July 29 & 30).
Posted by purple18
Lafayette
Member since Aug 2009
1578 posts
Posted on 7/2/25 at 2:18 pm to
Posted by bigjoe1
Member since Jan 2024
1394 posts
Posted on 7/2/25 at 5:35 pm to
quote:

I'm going to go out on a limb and predict the FOMC will cut their overnight target rate by .25% at their meeting the end of this month (July 29 & 30).


Can you imagine trump's melt if it is just a.25%
Posted by lsu13lsu
Member since Jan 2008
11762 posts
Posted on 7/2/25 at 6:12 pm to
Honest question: The last time they lowered rates, market rates seemed to have gone up. What will lowering rates actually do for us?
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