58

I was expecting a conservative quarter point reduction, but it seems like the Fed is feeling bullish about inflation and concerned with the labor market, which has cooled much faster than was previously predicted.

What do you think? Will this move come with the positive effects while keeping inflation below 3%?

you are viewing a single comment's thread
view the rest of the comments
[-] ryathal@sh.itjust.works 9 points 10 months ago

Fed is confident the crushed wage growth and haven't hurt companies too bad in the process so they can free up the money again.

this post was submitted on 18 Sep 2024
58 points (100.0% liked)

Economics

914 readers
19 users here now

founded 2 years ago