This just puts us into the weird Wall Street limbo where good news is bad news and bad news is good news. If we get a rate cut in December, it will be on the back of economic deterioration. The Fed doesn’t just hand out money to be nice. Rate cuts are in response to something. A series of bad employment numbers, signs of recession, etc.
JayArlington on
>”We’re in a very good position right now to take our time, get more inflation data, get more data on the economy, on the labor market, before we have to make any decisions,” Kashkari said. “We’re in a strong position, but if you just said there’s going to be one cut, which is what the median indicated, that would likely be toward the end of the year.”
Sounds a lot like that SEP they just put out isn’t to be trusted.
We could get a rate cut because of something that broke.
RecommendationNo3531 on
I guess that he has now secured a net long position in consumer discretionary stocks. He can let it run now.
RecommendationNo3531 on
“He said he has been surprised by how well the U.S. job market has performed even as the Fed raised borrowing costs aggressively in 2022 and 2023”.
That’s what happens when you replace good full time jobs with crappy part time jobs filled by undocumented workers.
Jar-JarBinkz on
Giggity
SavingsGullible90 on
İmhoteppppp
Witty-Bear1120 on
Or krampus will come with a hike.
Feeling_Efficiency93 on
Their inflation target is 2%, with maximum employment. Is there a rate% that’s ideal for the FED, or is rate% always a means to an end?
Intelligent_Can_7925 on
2 weeks to slow the spread has turned into 2 weeks to cut, fed.
Forget-Hype on
Did Kashkari just gave us the signal of new ATH this week? SPY 550?
Specialist_Shallot82 on
Cutting rates would immediately blast us into a recession
LeakMyBigBowls on
That ain’t the only thing that’s coming
TheDuke100 on
Seems like a get off my back and stop asking question about the rate till after elections
SnooRegrets6428 on
This went from 4 rate cuts to 1. My guess is no rate cuts this year.
Putrid_Pollution3455 on
Nah keep it higher forever. I’m loving that 5% to do absolutely nothing. Hell, crank the hog to 20% who cares? .25 cut won’t do anything. When the folks with 3 jobs finally burn out and just quit their jobs, then the real pain can manifest. New brics currency rolling out in September will bully the dollar. No one should have the reserve currency; it just lets us manipulate other countries for cheap products and services. we have been entirely too privileged. It’s time for pain. Time for everything to break. The bologna castle is going to crash this year. In the meantime I’m just gonna sit on cash and wait and enjoy those sweet monthly yields. Maybe I’ll gamble with the cash flow. Maybe I’ll sit on it.
Substantial_Cheek366 on
Imhotep Imhotep Imhotep
VisualMom_ on
Imhotep say leave me fuck alone til after election 
sunplaysbass on
October
tarpex on
Finally the ’22 pivot
LittleHottie8675309 on
It’s the guy from the stonks go up meme!
Southwestern on
Best case scenario is 5 years from now we still haven’t tinkered with rates. Rate adjustments are in response to bad economic news. Remaining steady is the best outcome.
28 Comments
Neel saying that is like getting 3 rate cuts
This just puts us into the weird Wall Street limbo where good news is bad news and bad news is good news. If we get a rate cut in December, it will be on the back of economic deterioration. The Fed doesn’t just hand out money to be nice. Rate cuts are in response to something. A series of bad employment numbers, signs of recession, etc.
>”We’re in a very good position right now to take our time, get more inflation data, get more data on the economy, on the labor market, before we have to make any decisions,” Kashkari said. “We’re in a strong position, but if you just said there’s going to be one cut, which is what the median indicated, that would likely be toward the end of the year.”
Sounds a lot like that SEP they just put out isn’t to be trusted.
Imohtep speaks.
imhotep 
But why are we going to get a December rate cut?
We could get a rate cut because of something that broke.
I guess that he has now secured a net long position in consumer discretionary stocks. He can let it run now.
“He said he has been surprised by how well the U.S. job market has performed even as the Fed raised borrowing costs aggressively in 2022 and 2023”.
That’s what happens when you replace good full time jobs with crappy part time jobs filled by undocumented workers.
Giggity
İmhoteppppp
Or krampus will come with a hike.
Their inflation target is 2%, with maximum employment. Is there a rate% that’s ideal for the FED, or is rate% always a means to an end?
2 weeks to slow the spread has turned into 2 weeks to cut, fed.
Did Kashkari just gave us the signal of new ATH this week? SPY 550?
Cutting rates would immediately blast us into a recession
That ain’t the only thing that’s coming
Seems like a get off my back and stop asking question about the rate till after elections
This went from 4 rate cuts to 1. My guess is no rate cuts this year.
Nah keep it higher forever. I’m loving that 5% to do absolutely nothing. Hell, crank the hog to 20% who cares? .25 cut won’t do anything. When the folks with 3 jobs finally burn out and just quit their jobs, then the real pain can manifest. New brics currency rolling out in September will bully the dollar. No one should have the reserve currency; it just lets us manipulate other countries for cheap products and services. we have been entirely too privileged. It’s time for pain. Time for everything to break. The bologna castle is going to crash this year. In the meantime I’m just gonna sit on cash and wait and enjoy those sweet monthly yields. Maybe I’ll gamble with the cash flow. Maybe I’ll sit on it.
Imhotep Imhotep Imhotep
Imhotep say leave me fuck alone til after election 
October
Finally the ’22 pivot
It’s the guy from the stonks go up meme!
Best case scenario is 5 years from now we still haven’t tinkered with rates. Rate adjustments are in response to bad economic news. Remaining steady is the best outcome.
It’s not coming .
This is all about hope and change
I’m going to keep adding to xlu.
The old happy ending.