Feds set to cut interest rates for the first time in 4 years

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  • Опубліковано 18 вер 2024
  • The Federal Reserve is expected to reduce interest rates for the first time in four years. It could have a huge impact on everything from housing prices to credit card debt.
    abc7.com/post/...

КОМЕНТАРІ • 40

  • @giftedgreen2152
    @giftedgreen2152 23 години тому +29

    Who would’ve guessed Democrats would lower interest rates right before the election?

    • @mg-by7uu
      @mg-by7uu 23 години тому +3

      Must be nice to actually believe politicians make these decisions

    • @giftedgreen2152
      @giftedgreen2152 22 години тому

      @@mg-by7uu what’s the over/under on how many more times they try to shoot Trump?

    • @giftedgreen2152
      @giftedgreen2152 22 години тому

      @@mg-by7uu I bet you think Trump’s shooter isn’t a democrat.

    • @ciello___8307
      @ciello___8307 21 годину тому +4

      The fed chair is the same as the trump admin… but yeah, go on blaming democrats for everything

    • @3RScollector
      @3RScollector 21 годину тому

      @@ciello___8307 who do we blame? are you a sheep? Stop believing everything you see on tv

  • @andyhughes1776
    @andyhughes1776 23 години тому +13

    Not so fast.
    Everytime the Feds cut rates after a long period of raising it, the economy tanks - recession!
    Let's see if it will happen this time.

    • @picanha694
      @picanha694 23 години тому +1

      depends of how deep the cut is .25 will suffice.

    • @mg-by7uu
      @mg-by7uu 23 години тому +2

      yep. Why would they cut rates if everything was going fine? For fun?

  • @juelzd7172
    @juelzd7172 22 години тому +6

    “I’m from the government and I’m here to help”

  • @MrProTechHD
    @MrProTechHD 23 години тому +7

    Federal Reserve is not the Federal Government

    • @pfflyer3381
      @pfflyer3381 21 годину тому +2

      It's a federal agency!
      And a republican is it's chair, what's your point!
      Btw, Garland and wray also republicans!
      Something you never see in a republican administration, democrats runing agency's!

  • @lindabriggs5118
    @lindabriggs5118 23 години тому +3

    This is partly good news, BUT!...The housing cost is too darn high! Its ridiculous. When I first moved to North Carolina, a nice 3bd/2bth home would usually sell at 99k.
    Now that home. Almost 20 yrs later, that same home gets listed at around $300,000+.😮

    • @youdontKnowshhs
      @youdontKnowshhs 21 годину тому

      Tell me about it . Where im at minimum house is 1.5 million 😢... And it's barely 1200sqft..

  • @SpookyFow
    @SpookyFow 23 години тому +2

    To the economic illiterate, this is not a good thing. QE (printing and spending money)+ Interest rate cuts = Bad. Time to start pulling your money out of the market and paying off debt and buying gold.

    • @picanha694
      @picanha694 23 години тому

      gold will go to 3k before 2025

    • @SpookyFow
      @SpookyFow 21 годину тому

      @@picanha694 If we make it to 2025.

  • @eddieg6436
    @eddieg6436 23 години тому +3

    High interest rates are GOOD if you have PREMIUM DEPOSITS, no credit card debt, no car loans, and your home is PAID OFF!! 🤷🏼‍♂️😎🥂

  • @theantiqueactionfigure
    @theantiqueactionfigure 22 години тому +1

    Feds expected to lower interest interest rates for the first time since Trump left!

  • @lemontadams3029
    @lemontadams3029 21 годину тому

    It Starts This Week...the Largest Currency Devaluation Cycle in History
    A central bank cannot just “cut rates” without also causing the currency to lose purchasing power

  • @Americafirst-i8q
    @Americafirst-i8q 21 годину тому

    Doesn't matter, everything still costs way to damn much.

  • @Dirge_For_November
    @Dirge_For_November 23 години тому

    Governor Newsome has outlawed parody this week.
    The shell of a main has no brain.
    Democrat Super Majority strong.

  • @CaliforniaMISC
    @CaliforniaMISC 23 години тому

    Increase rates too much Covid money in system

  • @onlymebaby.9249
    @onlymebaby.9249 23 години тому

    Whaaaaaaaat? No way!

  • @pfflyer3381
    @pfflyer3381 21 годину тому

    Gee. Just in time for tump to take credit for.
    How convenient with a republican as the fed chair, doing it now?
    Make note of his last sentence,
    After November!
    More cuts or not?

  • @MrHollowpoint140
    @MrHollowpoint140 22 години тому

    Fed is ALLN IN with the DEI Ho' and Tampon Tim.