
One More And Done?
On December 6, during remarks for an event hosted by the Missouri Bankers Association, Michelle Bowm
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I moved to MO (aka, MO’ worse, not MO’ better) in 2009. In all that time this quote from a public official may, in fact, be the first smartish notion I’ve heard from anyone in public office in this state. I wasn’t in the state 30 years ago when this same group hired me for a project and ask me to speak about it. I wasn’t an official, of course. (I’ve taken this person’s name for future reference, btw. She’s a very rare bird in this very red place.)
Surely Powell has access to the above chart, or one like it. Cynics among us might suggest that proceeding with a .25bps cut is just a sop to Wall St. as bonuses are finalized and handed out.