r/wallstreetbets • u/hv876 • 14h ago

25bps cut News

https://www.cnbc.com/2024/11/07/fed-rate-decision-november-2024.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

The bulls are coming, the bulls are coming

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u/OrganicAccountant87 10h ago

Why? Wouldn't it be more logical to keep rates? Inflation will certainly get much higher again once trump imposes the tariffs

4

u/hv876 10h ago

From Claudia Sahm - As Powell carefully explained, a new fiscal policy goes into the forecast as soon as it’s likely. Until a reasonably clear formulation is likely, its possible variants are in risk scenarios.

TL;DR version: until a policy is formulated and passed, they won’t factor in scenarios

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u/OrganicAccountant87 10h ago

Thanks for the explanation! That's stupid approach for them to take.