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US Inflation Update, ECB Rate Cut On Deck As Stocks Try To Recover
I'd say the size of the first Fed rate cut will be decided this week, except that I said that last w
Clarification question: BoP = Balance of Payments?
Yeah.
H-Man, if you assume rate cuts are inevitable and rate cuts are good for the consumer, 50 makes a great deal of sense and even more sense, if you believe the economy is slowing like a cruise ship when it docks. Bottom line, 50 helps a lot more people who need it now rather than later.
P.S. I am not a communist.
Why not do 30bp? What’s all this 1/4 point stuff. I remember when UST’s were priced in 1/32 and 1/64’s rather than decimals and that didn’t last. We spent the whole time translating 1/32 and 1/64 into decimals. That is a sign of a misspent you!
.375 is 3/8 and would be a great compromise. Market pundits would have something new to pontificate about too.