rss@ibbit.atMB to Left News Wire@ibbit.atEnglish · 29 days agoFed Cut Interest Rates But Can't Undo 'Damage Created by Trump's Chaos Economy,' Expert Sayswww.commondreams.orgexternal-linkmessage-square2linkfedilinkarrow-up118arrow-down10file-textcross-posted to: pravda_news@news.abolish.capital
arrow-up118arrow-down1external-linkFed Cut Interest Rates But Can't Undo 'Damage Created by Trump's Chaos Economy,' Expert Sayswww.commondreams.orgrss@ibbit.atMB to Left News Wire@ibbit.atEnglish · 29 days agomessage-square2linkfedilinkfile-textcross-posted to: pravda_news@news.abolish.capital
minus-squareArchangel1313linkfedilinkarrow-up2·29 days agoCutting interest rates isn’t going to help with inflation.
minus-squareCort@lemmy.worldlinkfedilinkarrow-up2·29 days agoNo, but the interest rate needs to be slowly lowered so that when Trump’s economic house of cards collapses the Fed can raise interest rates again to help with the extreme inflation.
Cutting interest rates isn’t going to help with inflation.
No, but the interest rate needs to be slowly lowered so that when Trump’s economic house of cards collapses the Fed can raise interest rates again to help with the extreme inflation.