Fed approves quarter-point interest rate cut and sees two more coming this year
Posted by simrobwest
Fed approves quarter-point interest rate cut and sees two more coming this year
Posted by simrobwest
3 Comments
>Newly-installed Governor Stephen Miran was the only policmaker voting against the quarter-point move, instead advocating for a half-point cut.
lol
I thought the whole lesson from 2024 was people hate inflation more than higher unemploymentÂ
the quarter point cut is whatever. expected. two more this year in the face of 3% inflation and every retailer saying they’re going to keep raising prices is sheer idiocy.