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Fed chair Powell: ‘The time has come’ for interest rate cuts
(www.washingtonpost.com)
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this post was submitted on 23 Aug 2024
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CPI was still at 2.9% as of July. I mean, that's not an insane level, but it's above their normal 2% target.
yeah I feel its more of a hold situation but im betting there is some political pressure.
This close to the election a rate cut won't matter. We got our soft landing. Market is happy.
no reason to heat it up then.
Yes, but go look at the breakdown. It is broadly under control. And, that’s a year over year number.