Fed’s Powell says ‘time has come’ to begin cutting interest rates

5 comments

1. Not really surprising, and this is almost exactly what he has been projecting and hoping for the better part of two years now to achieve. Assuming numbers continue to come in as they have you may have just achieved his soft landing.

2. Why cut if the economy’s doing so great?

3. As expected the markets happy.

4. How long until inflation ramps back up?

5. Fucking hell, that’s good news. A lot of us are waiting for employers to turn on the spigot….