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Message
re: What just happened
Posted on 12/19/24 at 9:13 am to SloaneRanger
Posted on 12/19/24 at 9:13 am to SloaneRanger
quote:
That .5% rate cut looking pretty ridiculous now. Just an attempted lifeline to Kamala I guess. Now that she’s toast, no need to keep the charade going.
Could someone explain this logic to me? Had the Fed raised rates, I would completely agree. But how does an additional quarter point cut indicate that the previous half point cut was "ridiculous"?
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