Fed Holds Rates Steady, Still Sees Three Interest-Rate Cuts This Year | WSJ

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[@valdomero738]

There needs to be 0 cuts this year.

[@dgusev]

Inflation numbers change will give us the answer.

[@ravgm7947]

Real estate and rents are uncontrollable...rich getting richer regardless of intrest rate. It favors richer

[@drmode]

How can we cut rates if inflation is still 3%.

[@joseaguirre744]

Think putting your foot off the gas instead of slamming the brakes.

[@trappart9209]

​@@joseaguirre744problem is inflation will go higher, much higher. It's just cheap talk at this point to keep inflation expectations anchored

[@joseaguirre744]

@@trappart9209 I’m not sure about that. Most of the inflation we are seeing is because of housing. Even the rate of inflation in housing has been dropping since last year. There isn’t any indication that a .25 or .50 rate cut will bring back roaring prices. The fed does risk a recession whenever it drops the money supply too quickly.

[@trappart9209]

@@joseaguirre744 commodities are sky high and Fed soon will start QE (inflation) as always while the economy is weak and dollar is losing it's status as a reserve currency which means Fed has to print more money to buy US obligations

[@TheRokaphella]

People are still splurging.😂 I was out this weekend and saw so many people shopping. 💵💵💵💵

[@johnsaltonstall8262]

I don't believe the official inflation numbers. This year my rent went up 7%, my health insurance went up 15% and all my other bills went up 10% or more. True inflation is more like 9%. We'd have to have a fed funds rate of 12% to crush inflation. But as long as the government cooks the books we're in trouble. With stock markets and Real estate near all time highs, cutting rates too soon will drive prices higher.

[@alexracy9165]

Basically “we’re gonna wait and see”

[@joaovitorino662]

Which I exactly what they should be doing. No reason to cut rates.

[@alexracy9165]

@@joaovitorino662 agreed, although as a loan officer is not great for business lol

[@joaovitorino662]

@@alexracy9165 wasn't 2008 enough for you? Jesus christ.

[@alexracy9165]

@@joaovitorino662 what are you on about

[@JuaqiemMckelvy3214]

Inflation, Inflation, and more Inflation 🤪

[@Rustea314]

Can't the governments raise taxes on surplus incomes to constrict the money supply the same way the FED uses interest rates to lower money supply?

[@PigeonSecurity]

I can't afford to eat out. Fine, eating out is a luxury. But now I'm struggling to pay my bills and utility. Inflation is insane

[@user-vj4sn1hk3n]

Cut will not help if it is a requirement to solve current problems.

[@AmericaTalks]

What is the points?

[@lava12.23]

They want price stability while printing $1 trillion every 3 months 😂

[@TheGiggleMasterP]

Best 50 minutes of my life 😅

[@AmericaTalks]

Why?

[@morphkogan8627]

@@AmericaTalks make my portfolio go VROOOOM

[@user-ws7kp1yh9l]

@@AmericaTalkscured my insomnia

[@visho8979]

Don't cut rates. Need to keep it for a few years. U can't reverse 20 years of cheap money damage in just 2 years of rate hikes.

[@davidb2206]

How To Say Absolutely Nothing in Government-Speak 101.

[@morphkogan8627]

Just cause you don't understand economics XD

[@TheRokaphella]

Right. They just keep kicking the can down the road

[@internetuser881]

There are more comments like this that say absolutely nothing.

[@joaovitorino662]

Huh? They are not kicking any can, they are establishing rate policy...​@@TheRokaphella

[@JuaqiemMckelvy3214]

Silver 👏👏

[@JuaqiemMckelvy3214]

Gold 👏

[@EmilyMedvec]

Bottom Line: Fed needs more confidence etc. Ditto!

[@jaysouth3330]

Basically, watch and wait… not sure why the markets are going so nuts.

[@LifeWithRilla]

this isnt the projection they were expecting

[@GEMSBANK]

STOCK / reserve, supply, stockpile RESERVE EXCHANGE stock запас stock, reserve, margin, supply, supplies, stockpile шток

[@JuaqiemMckelvy3214]

Yes!!! My real estate, gold, silver and Bitcoin positions will do nice 🤷🏼‍♂️

[@JuaqiemMckelvy3214]

Bitcoin 👏👏👏

[@markmaugle4599]

WSJ, why is food volatile?? It should never be volatile.

[@ctfinneman]

What a disaster

[@morphkogan8627]

The market thinks opposite buddy

[@HarmonixsLoL]

If this is a disaster, then my portfolio wants more of it. Keep em coming!

[@brent5354]

American people continue to feel the pain from bidenomics

[@dootburger7466]

This isn't a political issue

[@brent5354]

@@dootburger7466 considering how they spending money like drunken sailors and sending YOUR money overseas

[@trappart9209]

​@@dootburger7466it is EXACTLY a political issue which was going on for decades