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© Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.Federal Reserve set to cut rates again while facing a hazy post-election outlook
By CHRISTOPHER RUGABER WASHINGTON©2024 GPlusMedia Inc.
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fxgai
Did these economists predict the inflation outburst that occurred under the watch of the current administration?
Can’t wait for the election to be over with, and maybe we can have a period of analysis worth reading.
fxgai
It wouldn’t make sense, because such a tariff move would be a one-time thing. Raising interest rates wouldn’t do anything to change the effects of tariffs.
Furthermore tariffs aren’t the only policy Trump has proposed. For example the “drill baby, drill” proposal would over time boost production of energy, therefore lowering energy prices, and being disinflationary.
lostrune2
Gas prices have been dropping. Most states' gas prices have been below $3 per gallon
TaiwanIsNotChina
No, because we hadn't experienced a worldwide pandemic in recent times.
Yeah, of the massive destruction the low information are planning to implement.
Not everything is energy and any sort of increase in production will go on the worldwide market and have little effect on the US. Also producers won't really want to increase when they know a Democrat administration will be coming right behind Trump v2.
Yrral
You Japanese can get about 5 percent on your money,parked into a American bank account, instead of zero return