The Federal Reserve cut interest rates a quarter point on Wednesday and published a forecast suggesting two rate cuts next year.
This is the Fed’s third and final rate cut this year. They forecast half a percentage point worth of rate cuts next year, according to The New York Times.
“American small businesses have mixed feelings about Wednesday's rate cut. On one hand, the cut reduces their borrowing costs and increases their access to capital. Yet the cut won't help resurgent inflation and high costs that small businesses still say are the biggest problems they face, according to JCN's most recent national poll,” Ortiz said.
townhall.com
Inflation isn't resurgent, it hasn't slowed down. I know that from pricing things in the grocery store.
I suspect the Fed is participating in some globalist plot to ensure inflation in the USA continues unabated, which it will anyway if our govmint continues to spend like there is no tomorrow. But lower interest rates release the brakes on inflation so it will be worse than it otherwise would be.
This is the Fed’s third and final rate cut this year. They forecast half a percentage point worth of rate cuts next year, according to The New York Times.
“American small businesses have mixed feelings about Wednesday's rate cut. On one hand, the cut reduces their borrowing costs and increases their access to capital. Yet the cut won't help resurgent inflation and high costs that small businesses still say are the biggest problems they face, according to JCN's most recent national poll,” Ortiz said.
The Federal Reserve Cut Interest Rates Again
townhall.com
Inflation isn't resurgent, it hasn't slowed down. I know that from pricing things in the grocery store.
I suspect the Fed is participating in some globalist plot to ensure inflation in the USA continues unabated, which it will anyway if our govmint continues to spend like there is no tomorrow. But lower interest rates release the brakes on inflation so it will be worse than it otherwise would be.
