Fed Signals Sept Cut, Central Bank Chair Powell Says Rate Cut Timing Is ‘Very Difficult’ Decision

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Published 2024-08-01
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All Comments (21)
  • “We don’t want to go too soon and we don’t want to go too late”. I think the too late line is fast approaching boss man!
  • @tomn8998
    Notice his comment on the digital currencies, when he stated... "Not Yet". That is telling. i.e. It's just a matter of time until they implement them.
  • All this hysteria about 5% interest rates being "high" when they actually should be 15%+.
  • @HML-it7te
    Thanks for that as I no longer watch MSM.
  • @Frank-hm3ue
    Thanks for this clear and concise review of the Fed position on rates.
  • @jeffee1933
    My guess is an emergency FED cut before next meeting
  • @RittaCarity
    I sympathize with many people who had no knowledge for digital marketing because currently dollar is unstable and coin is taking over to be the universal currency
  • So when they say we aren’t even anywhere near a cbdc and we aren’t even wanting it…. Yet …you can safely expect it’s coming very soon.
  • @Gary-vo9rm
    "...we feel really good about where we are..." - (fedspeak for): "We are irrelevant and only react to the market to see if we can take more, less, or the same amount from those who produce the goods and services we all need. You idiots think you need us to DO something."