I think I’m joining the minority view that we’re unlikely to see any rate

Cuts this year. Unless the economy does a sudden and (now mostly unexpected) about face.

I don’t think we know what the “neutral rate” is right now, but I think it’s higher than we thought 6 mths ago.

In response to this post by BocaHoo91

Posted: 04/10/2024 at 09:19AM

Inflation at 3.5%, higher than expected, thanks Joe! -- HoodatB 04/10/2024 08:57AM

Not a great report. Seems to vindicate the fed for their reluctance to -- BocaHoo91 04/10/2024 08:59AM

I think I’m joining the minority view that we’re unlikely to see any rate -- hoolstoptheheels 04/10/2024 09:19AM

I don't see how cuts are justified. -- Stimp 04/10/2024 09:38AM

Did he say how BIG the cuts would be? -- Late 80s Hokie 04/10/2024 09:52AM

They would be 25 basis points a pop. So if the market expects three this -- hoolstoptheheels 04/10/2024 10:06AM

Please see the punch line of this cartoon. -- Late 80s Hokie 04/10/2024 2:27PM

I agree. Was hoping for better news here. -- Shenhoo 04/10/2024 09:21AM

I think I’m joining the minority view that we’re unlikely to see any rate

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