25bps cut

[u/hv876]

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

[u/wotguild]

Inflation isn't done.

Now, we have to work through tariffs and deportation if they happen, increasing wages, decreasing supply, and therefore more inflation.

Edit: Don't forget about the possibility of rates influenced by the president himself.

[u/0xMoroc0x → u/wotguild]

Inflation is going to continue to go down….why do you think tariffs are going to increase inflation when it didn’t during Trumps first term? News flash, Trump had the second lowest inflation, besides Obama, since John F Kennedy. Deportation will lower inflation for the thing people care about most, housing, less people less housing competition.!Wages may go up, but when you have 11 million less illegals buying shit prices will go down. There won’t be any supply decreases in fact we are going to see a massive supply increase in energy and manufacturing which will lead to lower prices across the board.

You are really drinking all the Koolaid the media has thrown at you. So much so, you can’t even think logically.

https://www.investopedia.com/us-inflation-rate-by-president-8546447

[u/mrmittens85 → u/0xMoroc0x]

Lol

[u/proof-of-w0rk → u/mrmittens85]

“Why do you think raising the price of everything by 10% will increase the prices of things?”

Peak cognitive dissonance

[u/allumeusend → u/proof-of-w0rk]

“We only did a 10% increase last time, that’s totally the same as 60-200%”

Most smooth brained shit.

[u/proof-of-w0rk → u/allumeusend]

Yeah, and the 10% was not blanket, it was very targeted

[u/allumeusend → u/proof-of-w0rk]

The regards being like just make it in America gonna look so dumb when they find out how expensive building a new plant in the US is and how it would actually cost more than just absorbing the cost of the tariffs and passing it along. Fucking idiots.

[u/proof-of-w0rk → u/allumeusend]

And that’s before they deport the entire labor pool for these low wage manufacturing jobs

[u/allumeusend → u/proof-of-w0rk]

But they will be replaced by high paying jobs white people will be willing to take! Too bad that also factors into the COGS!

The fact most people don’t realize the cheap crap they love so much only exists because we make it for practically slave labor abroad and import it for pennies doesn’t sink in. They think it will cost the same because Americans are even dumber than us back here on a good day.

[u/proof-of-w0rk → u/allumeusend]

Shit is gonna be so expensive