The Fed cuts interest rates for the first time since the financial recession

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The Fed cuts interest rates for the first time since the financial recession

jagibelieve
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07-31-2019, 03:39 PM

There is no real surprise about this. At least a month ago it was expected that The Fed was going to make a cut. First speculation was a half point, but now it's only a quarter point (as expected). It doesn't have as much to do about our economy as it does regarding the global economy. Uncertainty about trade talks with China as well as the European market is what it is really all about.

With that being said, I'm not so sure about this rate cut. I think rates should have held steady since our economy is doing well and the rate of inflation is being held in check. However, I am no financial professional so what do I know?

(07-31-2019, 02:49 PM)StroudCrowd1 Wrote: Mods, please move to the Donald Trump Keeps WINNING thread!

The President has nothing to do with this other than the above uncertainty regarding trade with China. Lowering interest rates is not always a good thing long term.

There are 10 kinds of people in this world. Those who understand binary and those who don't.

Messages In This Thread

The Fed cuts interest rates for the first time since the financial recession - by The Drifter - 07-31-2019, 02:34 PM

RE: The Fed cuts interest rates for the first time since the financial recession - by HURRICANE!!! - 07-31-2019, 02:48 PM

RE: The Fed cuts interest rates for the first time since the financial recession - by StroudCrowd1 - 07-31-2019, 02:49 PM

RE: The Fed cuts interest rates for the first time since the financial recession - by jagibelieve - 07-31-2019, 03:39 PM

RE: The Fed cuts interest rates for the first time since the financial recession - by HURRICANE!!! - 07-31-2019, 03:57 PM

RE: The Fed cuts interest rates for the first time since the financial recession - by StroudCrowd1 - 07-31-2019, 04:52 PM

RE: The Fed cuts interest rates for the first time since the financial recession - by mikesez - 07-31-2019, 07:30 PM

RE: The Fed cuts interest rates for the first time since the financial recession - by HURRICANE!!! - 08-01-2019, 07:34 AM

RE: The Fed cuts interest rates for the first time since the financial recession - by TrivialPursuit - 08-01-2019, 09:15 AM

RE: The Fed cuts interest rates for the first time since the financial recession - by HURRICANE!!! - 08-01-2019, 11:54 AM

RE: The Fed cuts interest rates for the first time since the financial recession - by lastonealive - 07-31-2019, 05:52 PM

RE: The Fed cuts interest rates for the first time since the financial recession - by mikesez - 07-31-2019, 07:39 PM

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