Is the FED behind the curve with their rate cuts ? The neutral rate is around 3% I guess. I think there should be already more cuts than we have seen so far from FED because the inflation is going down. In my view they are speculating that their will be risks or kind of upside potential but lacking the facts, so this is just pure speculation and not based on the data. They argue because of strong economy they did not cut last time. But unemployment rate is not at alltimelow and second inflation is coming to target closely. They might estimate their will be more inflation from any tariffs, but this is just pure speculation. They did not admit this officially but I wonder if all the staff from FED have this view or not. In my eyes the FED should come down to neutral rate fast and not waiting the whole year because their policy is too restrictive and they cost economic growth in the end. And the last what they want is a recession because of rates too high and they forgot to cut them meantime. Any other opinions on the FED actions ? I do not want to say rates should be already at 3% level but they should be definitely below 4% already, maybe 3.75% or 3.50% given the inflation and unemployment data. This is just based on the facts and actual data without going forward too much. My view. What rate you would like to see right now from FED ? Or do you agree 100% with all Powell from FED is saying ? For me the FED is way too hawkish and causing harm to the US economy (and also risking any soft landing).
Helps to stay current and up date news-wise. I mean if one is truly a trader and not a rant errrr:- Trump Treasury Secretary Scott Bessent relieves some pressure on the Fed https://finance.yahoo.com/news/trum...ieves-some-pressure-on-the-fed-145050849.html
As I guessed, the NFP data today showed the economy is weaker than expected what the FED thinks. This is a result because their rates are way too restrictive. They should cut them down to at least 4.0% urgently. Powell is not doing his job.
Yea he is doing his job for the Swamp deep state communist that have been in power the Biden crime family. aka obummer, bush, clinton cartel.
They are behind: rates should be HIGHER. Take a look at gold, coffee, & other assets, including stock prices. And this morning's consumer survey, with not only less optimism, but 1-year inflation rate of 4.3%, which IMO is lower than current actual rate.
And you likely will continue saying that nonsense for rest of JayP's term till Orangetard gets his hand picked brown noser yes man in place. BTW ten points for guessing who put JayP (not a brown noser yes man) in place to begin with. Bwahahahahahahahaha Hint it wasn't Biden, Obama, Bush or Clinton. Add the 17 court judges (many R,s many Oranagetard specifically appointed) that shot down nonsense stolen election attempts I guess mean there are all "Swamp deep staters Communists lol" too? Even the idiot himself stoped talking about stolen election lunacy because the most recent election allowed him to squash/beat all the legitimate felony charges and allow him both to stay out of prison and continue stealing the country blind.
TrAndy2022 is a incorrigible German ignorant to what goes on in this country, read idiots on the web, and posts his 2 Euros rant for the hell of it. In latest economic cycles jobless claims are more important than jobs hired, and yesterdays (Thurs) release ticked up slightly. No biggie. If it does at some future point that will be concerning. OTOH the volatile NFP report which often gets skewed for for factors such as seasonality or government hiring/layoffs is secondary to how the economy is acting.
Powell can't now that the tariffs and the counter-tariffs are going to potentially result in inflation. If the Fed lowers the rate when there is inflation caused by the counter-tariffs, we are going to be back to post-covid again when grocery is going to cost double.