Why news anchors exaggerate data which fed target of inflation about 2% by 2027. This year on 2.8% which showing inflation on Mark.
So FED should increase rates to prevent inflation due to tariffs.
Nonsense. A quarter point drop would have added some much needed confidence back into these shakey markets. Instead now the Fed is going to hold the economy hostage for another three months affecting home sales, auto loans, manufacturing and service oriented industries.
Only 31 respondents? And this is being presented as a meaningful data point? LOL—what a joke CNBC has become.
Cut the rates
Layoffs Layoffs? What are 20,000 UPS workers and the 1.6 million federal workers; not to mention the cascading effect on government contractors' consequential forced acquiescence. And don't get me started counting Longshoreman, dock workers, shipmates, truckers and the subsequent effect on small business employment, supported by the supply chain. Do wealthy people have so much money they forget the business owners and rank and file workers who makeup 50% of our economy's GDP? Consequently making them rich!
Inflation is about to explode, how can anyone who understands economics say the FED should cut rate?
Every whiner thinks the Fed is there to make pain go away.
Fed action is based on hard data(already happen occasion). Not kind of pre emptive , no matter what Trump said.
Rates R going to zero regardless of how high CPI is
Why cut? Rates are too low and all is great.
Cut , stop using old out of date data.
Inflation is a round 10%
Nobody will admit that the G-7 Nations already lost the economic war they began somewhere between 2008 and 2014. Now the writing is all over the BRICS Wall.
Interest rates have been way too low for way too long. My first mortgage was at 16% and I felt fortunate to refinance at 14%. Low rates prop up asset prices for the rich and hose 1/2 of america who have no assets.
@BradleyDavis487