We need to move interest rates back to a moderate level to normalize our economy.
The next step is to avoid any other shocks to the system.
I'm praying that the electorate will deliver us a divided government.
Link: https://www.msn.com/en-us/money/markets/fed-cuts-interest-rates-in-highly-anticipated-move-are-more-large-cuts-ahead/ar-AA1qM3Qd?ocid=BingNewsSerp
Especially when the person the fed is helping is the opponent of someone who promised to remove him from the fed chair as one of his very first acts as president?
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...although he did say, it 'depends' on what the future brings...all in all, a good move painting a better picture.
Just remember, Curly, it was the 'Laissez-Faire' approach by the GOP with reduced regulations on such things as Credit Default Swaps that got us into the "Great Recession", and Dem employment of Keynesian economics that got us out, so pump the breaks of any reliance on the GOP for this issue until some sense of normalcy takes root in that party.
Link: https://www.cnn.com/business/live-news/federal-reserve-interest-rate-09-18-24/index.html