He began his first rate cut in four years with a 50 bp cut. Thus proving that he is ignorant to the damage already done to the middle class by the level of prices. In cutting by 50 bps, he has also ...
The FOMC meeting and press conference for September was projected to be a dovish one. Fed Chair Powell was expected to cut rates by 50 bps. The preponderance of Wall Street lackeys were busy begging ...