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Economy

bucolic_frolic

(47,605 posts)

1. Thanks for the warning

Reply to mahatmakanejeeves (Original post)

Tue Jun 4, 2024, 10:34 AM

Jun 2024

Lower gas prices from higher domestic production, OPEC-2 pumping more for revenue, a slowing economy should give our Fed room to cut as well. If so markets will be flying high by October. Biden's policies gave Powell room to fight inflation and both have run with it and bot deserve the credit. I get the vibe those two work well together, maybe it's part generational.

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ECB is likely to jump ahead of the Fed by cutting rates on June 6 [View all] mahatmakanejeeves Jun 2024 OP

Thanks for the warning bucolic_frolic Jun 2024 #1