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  • A supersized Fed rate cut this month could be 'very dangerous' for markets, economist warns

    From cnbc.com

    A deeper interest rate cut from the Federal Reserve this month could spook financial markets and send the wrong message about an imminent risk of recession, according to one economist. It comes as policymakers at the U.S. central bank are widely expected to start lowering interest rates when they meet on Sept. 17-18, with investors closely monitoring economic data for clues on just how big a rate cut they are likely to deliver. George Lagarias, chief economist at Forvis Mazars, told CNBC on Thursday that while no one can guarantee the scale of the Fed’s rate cut at its forthcoming meeting, he is “firmly” in the ... (full story)

this piece of news have zero meaning
CUT is CUT. why bother otherwise?

Since COVID-19, big companies has grown superSIZE and pay lesser taxes.
Quoting zamans98
this piece of news have zero meaning CUT is CUT. why bother otherwise? Since COVID-19, big companies has grown superSIZE and pay lesser taxes.
Wrong. There are many ways to approach the cut.
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This is a goofy "argument". The time for rate cuts have come because high interest rates have successfully cooled overheated growth and inflation - more than planned.
The logical response would be 50 or more basis points cuts to see where it goes. The Fed can explain that this extra 25 points was added because data is a lagging indicator and a 25 point cut is not sufficient to avoid strangling the economy.
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    From prnewswire.com|Sep 5, 2024|1 comment

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    Friday’s jobs report will likely determine the size of the Fed’s rate cut

    From cnn.com|Sep 5, 2024

    The Federal Reserve is expected to shift gears this month on monetary policy and enact the first rate cut since the central bank started its inflation-fighting tightening cycle 30 ...

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