Fed Interest Rate Decision for January 31: Should They Raise or Lower the Rate?

Discussion in 'Economics' started by schizo, Jan 30, 2024.

Shoud they raise or lower the fed funds rate at their next meeting?

Poll closed Jan 31, 2024.

  1. They should raise the target interest rate by 50 bps

    0 vote(s)
    0.0%

  2. They should raise the target interest rate by 25 bps

    1 vote(s)
    7.7%

  3. They should leave the rate unchanged

    10 vote(s)
    76.9%

  4. They should lower the target interest rate by 25 bps

    1 vote(s)
    7.7%

  5. They should lower the target interest rate by 50 bps

    1 vote(s)
    7.7%
  1. SunTrader

    SunTrader

    I voted unchanged and still feel the same, ... for the moment.

    Though I took a look at NFP chart and see that the 12 month MA jobs created has been trending lower - started the year around 399k and currently around 248k. Also U6 unemployment the opposite since July - was below its MA, now above.
     
    #21     Feb 2, 2024
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    nitrene likes this.