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Re: crescentmotor post# 459160

Wednesday, 05/15/2024 11:49:34 PM

Wednesday, May 15, 2024 11:49:34 PM

Post# of 463449
A "weakening economy" reduces inflationary pressure and allows the Fed to then lower interest rates. Rates are up to handle the inflation generated by high employment, higher wages, and higher consumer demand. Powell and crew intend to slow the economy a bit. The Fed is always seeking a healthy homeostasis in the economy.
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