@quarterchart: Jerome Powell just testified in the Senate today. He talked about the inflation and the economy overall. He the Fed will cut once inflation move toward the 2% target. Inflation data was not good on the first quarter but the recent data shows inflation is moving toward 2%. Cutting interest rates too soon or too fast would risk inflation to ho back ip but cutting interest rate too little or too late could dammage the labour market.

Quarter Chart
Quarter Chart
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Region: FR
Tuesday 09 July 2024 18:33:11 GMT
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whatworlddoyoulivein
notmyself :
there is no cut this year
2024-07-09 19:44:17
77
douglasvandoug
Douglas :
Prices have to come down first
2024-07-09 20:23:44
13
marshallasy
Marshalla :
Election year
2024-07-10 18:41:22
3
becausecuzcan
BecauseCuzCan :
It’s just a lag, it’s already started ask anyone in sales, everyone I know is down 30% ytd vs previous, even if they do one small cut I don’t think it’s enough, only thing that will stop it is if some
2024-07-10 06:03:11
3
randallm56
RM :
Daddy said “we’ll see” like when you ask if you can ask if you can go so Disneyland. 1 this year. Maybe 1 next year. Powell: Talk me out of a profit I dare you.
2024-07-10 04:05:55
0
amber.danley7
Amber Danley :
Are you a scammed victims?, with proof,your chances of being defrauded are at a 100% kindly send a direct message to@RIOCYBERTRACE for fast recoveries or traces of lost funds.
2024-08-18 00:46:52
1
kenneth.byrd..ken
Kenneth Byrd. kenny :
❤️
2024-08-17 12:21:55
0
saul_tinecracker
saul-tinecracker :
it's just transitory
2024-07-10 07:28:58
1
an_jay111
AnJah :
They’re going to wait until after elections as usual
2024-07-11 02:00:41
0
ellieinspace6
Ellie in space :
Do you want to invest on Tesla inbox me on how you can start investing on Tesla
2024-07-24 09:16:40
0
usmarinepa52
usmarinepa52 :
Did he mention they were falsifying jobs created to hide the recession we are in?
2024-07-10 02:48:37
169
enyolmusic
Enyol :
We already in recession bad don’t matter the interest they keep printing money all this is just a show
2024-07-09 19:24:10
61
blacksheepwolfxy
BlackSheepWolfXY :
Audit the Fed
2024-07-09 21:03:14
0
not_tommy329
Thomas M :
The only thing that can ruin the market is Joe Biden’s administration
2024-07-11 02:33:04
3
stanmacmoran
stanmacmoran :
I'm sure those numbers are as accurate as the job numbers issued earlier. Oh wait, that's right it was overinflated by over 800,000.
2024-08-28 15:15:09
0
danielpurcell825
danielpurcell825 :
Quit the propaganda you know that we are screwed
2024-08-21 03:14:44
0
travelswiththee
Theanna | Travel ⛰️🧳 :
They were coming for powell today he was sweating 😩
2024-07-10 02:45:23
0
deanwooten4
Nobody :
What data!? This is B 💩! Where? Anyone seeing or feeling inflation is dropping?!!! All I see is the $ buying up all homes property to control all.
2024-07-09 19:44:41
10
khengeileenchua
ice lettuce :
September cut! Thanks for info
2024-07-10 00:47:58
8
57cowpoke
57cowpoke :
2% inflation for THEM, not US 😡
2024-07-09 21:35:26
8
alexjurecki
alexjurecki :
Fed is waiting to flush the economy into the toilet in November after Trump wins 🙄
2024-07-09 20:30:42
8
georgebloomberg78
georgebloomberg78 :
inflation is just a way to cripple the middle class and the poor....
2024-07-09 19:45:36
8
marlowe2903
Marlowe :
He's crazy with 3.3% inflation rate.
2024-07-09 20:10:14
7
the.big.guy6
Willnotreply :
never ever are you going to get 3 rate cuts.
2024-07-09 19:13:43
7
boating2022
perceptionisreality :
bunch of nothing said
2024-07-09 18:41:33
7
dustinyoureyes
Dustin :
The only reason it's going down at all is because people don't have enough money to buy anything other than necessities.
2024-07-09 20:25:42
6
inthablack
inthablack :
Doesn’t matter what happens they can’t sustain this much longer…it will simply be known as the AI bubble but it was manipulation by the Government
2024-07-09 21:31:32
5
robershjwal
MartianMan :
Would you like some fries with that nothingburger.
2024-07-09 20:19:11
5
rooty22222
user9858065957579 :
both parties don't care for us. California just increase 50 cents gas tax that is more than 2% inflation never coming down.
2024-07-09 22:13:01
4
the.quinnley
The Quinnley :
The fed will cut rates for Biden. Mark my words.
2024-07-09 20:36:39
4
ab0laila
G-Doc :
Definitely a .25 cut for july
2024-07-09 20:28:02
4
joeemain
user819657893218 :
There will be a rate cut. It’s too close to elections and then it’ll go back up.
2024-07-10 14:25:56
3
jimsatery
Crunchwrap :
2% my ass
2024-07-10 00:51:02
3
stackfactor79
Stacker_79 :
Zero chance we get 3 rate cuts this year
2024-07-09 20:28:38
3
relentlesscky
M :
What do rate cuts generally mean for the market?
2024-07-09 18:51:03
3
flow_joe1
Flow_Joe deniro :
Thanks Joe 🇺🇸💪🏽🤙🏽
2024-07-10 00:01:47
2
eldowns
eldowns :
Why does everyone think we’re getting rate cuts? This is the perfect opportunity for the Fed to get us back in fiscal order and uphold the discipline we need to digest all
2024-07-09 20:49:38
2
bam.bam4752
Bam Bam :
They can not cut rates. They are lying.
2024-07-11 18:00:24
1
brucerivers4
BR :
NOBODY TRUST THE GOVERNMENT ENY MORE
2024-07-11 09:23:45
1
loman1206
Kevin :
How it works Too many people buy houses price goes up Fed raise interest rates so poor people can't afford a loan less people buy houses Prices come down
2024-07-10 15:42:58
1
mstillman908
mstillman908 :
Mmmmm my home insurance just went up 40 bucks with not claim this was last week
2024-07-10 11:49:58
1
leoangel1996
Leonardo Angel :
They’re pressuring him so he’s gonna have to cut at least once
2024-07-10 02:27:33
1
l42264
L💋 :
they’re gonna cut interest rates right before the election watch
2024-07-10 01:59:07
1
erniehollydickerson
Ernie Holly Dickerso :
💙💙💙💙💙
2024-07-10 01:43:34
1
jc76750
JC :
Ask yourself who gets rich with higher rates??
2024-07-10 00:36:10
1
jjtrdavis
jjtrdavis :
They will do a cut before election to help democrats
2024-07-09 21:34:40
1
tonyoliveira059
TonyOliveira059 :
🥰🥰🥰
2024-07-09 20:40:02
1
lanskierequerme
lanskierequerme :
😁😁😁
2024-07-09 19:49:18
1
5656bigc
John Capilla :
They mad to much money
2024-07-09 19:48:07
1
jordanjackson201
Jordan Jackson :
1 rate cut in December seems most likely
2024-07-09 19:30:50
1
calume33
cal lumie 🌠 :
@Stefano You’re just dead wrong it is not at an all time high 💀
2024-07-16 00:39:22
0
calume33
cal lumie 🌠 :
@gianni
2024-07-15 19:01:53
0
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