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Dr. Jeff | 1 months ago (raw) | root | parent | reply | flag +24 
 BREAKING: 50 bps it is.

"In light of the progress on inflation and the balance of risks, the Committee decided to lower the target range for the federal funds rate by 1/2 percentage point to 4-3/4 to 5 percent."

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Svoboda | 1 months ago (raw) | root | parent | reply | flag 
 Do you think they were going to 25 and then the letter from Warren and her ilk made them push it?
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Dr. Jeff | 1 months ago (raw) | root | parent | reply | flag +2 
 No. 
50 bps is a pretty typical first move and it's as the markets *expected*
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MattFRL | 1 months ago (raw) | root | parent | reply | flag +1 
 No the letter was so that 50 would look reasonable
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john | 1 months ago (raw) | root | parent | reply | flag 
 herewego.gif
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441fc9f1 | 1 months ago (raw) | root | parent | reply | flag 
 herewego.gif nostr.fmt.wiz.biz
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Ghost of Truth | 1 months ago (raw) | root | parent | reply | flag +2 
 God forbid that one day we may experience market-adequate real interest rates
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