FED left rates unchanged

[Vermonter]

I heard on flying rules this morning for dogs. They have new rules on dogs being able to fly.

Any dog under 6 months old is treated different and it depends on Nation the dog is flying from.

I think the dogs have to be microchipped to fly.

I don't think dog under 6 months old can fly from different country.

I could be totally wrong.

I am close on the new rules.

New rules at the border too. Dog has to be chipped and health certificate within 30 days.

 

[J Grant]

The rate is projected to change in September.

 

[Zoe]

The rate is projected to change in September.

Depends on what inflation does. Fed funds borrowing rate to banks is most direct way to hit inflation. They want that 2% inflation rate. Let me internet search things that impact inflation or you can do it.

However,................. raising fed funds rate to banks is most direct way to hit inflation.

It shrinks money supply. Money supply fuels inflation. Like gasoline on a fire.

 

[Zoe]

If Fed over raises their borrowing rate?

Then the risk of deflation comes into play and recession and depression.

They want that 2% inflation rate.

 

[alebrewer]

It's not gonna happen until September. The FED knows the American voting public will have forgotten it by voting time if they drop the rate now. By doing it in September, it will still be fresh on voters' minds what the ruling party did for them. And before the libs start barking - it wouldn't matter who the ruling party is - either would do the same thing.

 

[Zoe]

If I were Harris, I would be saying all the money the republicans dumped in economy along with tax cuts in COVID is what fueled money supply and inflation.

But, I understand inflation more than both the candidates and money supply and national debt.

 

[Zoe]

We can go bankrupt on national debt. China and Russia know it. Trump knows it. Harris knows it.

Trump has only taken bankruptcy a few times. He knows we can go bankrupt as a nation.

 

[Zoe]

Trump don't want to get in trade war with either nation on tariffs. Be bad mistake due to national debt.

 

[Zoe]

Pay American middle class more. Bring the jobs home. Lower tax rate on middle class.

Give govt healthcare to not only senior citizens but whole nation.

 

[Fernando]

Stock market dropped a lot today. FED should have given stronger signal yesterday that rate cuts will be coming.
Rate cut next month even more possible.