The Federal Reserve Cut Interest Rates For The First Time In 4 YEARS

by | Sep 19, 2024 | Member Exclusive | 2 comments

The United States central bank, the Federal Reserve, kicked off an anticipated series of interest rate cuts on Wednesday. The cut was said to be a larger-than-usual half-percentage-point reduction that Federal Reserve Chair Jerome Powell said was meant to show policymakers' commitment to sustaining a low unemployment rate now that inflation has eased.
This is a Member Exclusive article for the intellectually inclined.

Be in the know – it’s 100% free!

URGENT ON GOLD… as in URGENT

It Took 22 Years to Get to This Point

Gold has been the right asset with which to save your funds in this millennium that began 23 years ago.

Free Exclusive Report
The inevitable Breakout – The two w’s

    Related Articles

    Comments

    Join the conversation!

    It’s 100% free and your personal information will never be sold or shared online.

    2 Comments

    1. If they judged inflation the way they did in Carter’s day it would be probably double digits!

    2. The Fed has confused economic theory with economic reality. It’s hard-to-understand grocery prices when your biggest food concern is the shortage of Beluga Caviar. I am 70 and probably will miss the worst to come but I suggest to you youngsters the 7 P’s. “Proper prior preparation prevents piss poor performance.” Dissolve the current system thru the unity of NEW like minds but retain your individuality. There are always going to be bossy people like J. Powell and cohorts from your HOA pres. to Kammel Toe. Get out of debt. Stash your assets. Keep your powder dry and lay low.

    Submit a Comment

    Commenting Policy:

    Some comments on this web site are automatically moderated through our Spam protection systems. Please be patient if your comment isn’t immediately available. We’re not trying to censor you, the system just wants to make sure you’re not a robot posting random spam.

    This website thrives because of its community. While we support lively debates and understand that people get excited, frustrated or angry at times, we ask that the conversation remain civil. Racism, to include any religious affiliation, will not be tolerated on this site, including the disparagement of people in the comments section.