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jglider

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jglider

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Monday, 12/18/2023 1:52:08 PM

Monday, December 18, 2023 1:52:08 PM

Post# of 51804
Have said many times, The Fed is reactive not pro-active." But 2 years ago or so I said they need to rip off the bandaid.

This is a gas.

1. Nov. 1: Getting inflation to 2% "has a long way to go"
2. Nov. 21: "No indication of rate cuts at last meeting"
3. Dec. 1: Talks about rate cuts are "premature"
4. Dec. 1: "We are prepared to tighten policy further" if needed
5. Dec. 13: Rates have peaked, 3 rate cuts coming in 2024
6. Dec. 15: Fed "isn't really talking about rate cuts"

Never argue with stupid people. They'll drag you down to their level, then beat you with experience.

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