Powell: Fed won't wait until inflation is down to 2% before cutting rates \ stacker news ~econ

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Powell: Fed won't wait until inflation is down to 2% before cutting rates www.cnbc.com/2024/07/15/powell-indicates-fed-wont-wait-until-inflation-is-down-to-2percent-before-cutting-rates.html

329 sats \ 1 comment \ @kristapsk 15 Jul econ

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0 sats \ 0 replies \ @SatsMate 16 Jul

This has got to be jawboning. There is no way he is going to cut early to middle of next year. inflation drops maybe .2% per meeting that leaves December for the next rate cut if we keep the current run rate.