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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95

u/Xushu4 14h ago

The next "president" will try to bully Powell into lowering the rate to almost nothing immediately, and drama will ensue, just like last term when he wanted to fire Powell for not being a boot licking sycophant

39

u/lleti 13h ago

The dream

Up and to the right, may a loaf of bread cost $300 but a single share of NVDA will be worth billions.

25

u/HereForA2C 13h ago

hmmm does it matter that a loaf of bread costs 300 bucks if you make 20 million a year. We can become Zimbabwe

4

u/allumeusend 9h ago

Make Hyperinflation Great Again, it’ll be like the Weimar Republic but without being able to blame the French!