Should’ve hiked tbh but at least Trump isn’t getting the cut he keeps lusting for
Practical_Marsupial on
Submission statement: title. The Federal Open Market Committee voted 9–3 to keep the federal funds target range at 3.50%–3.75%. The vote featured more disagreement than recent federal funds rates choices.
theryman on
I don’t envy the fed, they’ve got a narrow path to walk with inflation creeping higher from energy costs, but high energy costs also make the economy slow down and increase recession risks… Luckily they’re not headed up by a craven political actor
Huttleberry on
Market reaction speaks clearly to the lack of faith in FEDs credibility that they might not do what is necessary to back up tough talk on inflation.
8 Comments
Ketchup on the wall, tendies to the floor
Should’ve hiked tbh but at least Trump isn’t getting the cut he keeps lusting for
Submission statement: title. The Federal Open Market Committee voted 9–3 to keep the federal funds target range at 3.50%–3.75%. The vote featured more disagreement than recent federal funds rates choices.
I don’t envy the fed, they’ve got a narrow path to walk with inflation creeping higher from energy costs, but high energy costs also make the economy slow down and increase recession risks… Luckily they’re not headed up by a craven political actor
Market reaction speaks clearly to the lack of faith in FEDs credibility that they might not do what is necessary to back up tough talk on inflation.
10/30 year bonds going up. 2 year falling.
Booo
https://preview.redd.it/ythezgtp08gh1.png?width=460&format=png&auto=webp&s=90678e2a28857ae20baa173844b43b534426649c
Get fucked Trump