@xfedbanker : The Fed made a mistake cutting rates 550 basis points in October. Expectations are the Fed lower interest rates next week by at least 25 basis points. That would be another blunder by the Fed. Here’s why. Last week’s inflation report showed Personal Consumption Expenditures • TwiCopy

XFedBanker

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Insights from 30 years in banking on three continents, four major banks, and a stint with the Fed. Not investment advice.

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calendar_today27-08-2023 17:20:41

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XFedBanker

@xfedbanker

9 months ago

The Fed made a mistake cutting rates 50 basis points in October. Expectations are the Fed lower interest rates next week by at least 25 basis points. That would be another blunder by the Fed. Here’s why. Last week’s inflation report showed Personal Consumption Expenditures

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