rose98734 in #economy • last yearThe Fed's 50 bps rate cut is giving off recession vibesSo ... the long awaited interest rate cut at the Sept 18th meeting was 50 bps, rather than 25 bps like the markets expected. The last time there was an unexpected 50 bps cut…rose98734 in #economy • last yearThe Fed is almost certainly going to cut interest rates next weekThe Fed has a dual mandate; low inflation and low unemployment. Sometimes the data on job gains gives you a clearer picture than the unemployment rate (which only counts those…
