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Fed has to cut rates at least two or three more times to keep credibilitywww.cnbc.com/2024/09/26/david-tepper-says-the-fed-has-to-cut-rates-at-least-two-or-three-more-times-to-keep-credibility.html
759 sats \ 6 comments \ @siggy47 26 Sep 2024 econ
Talk about upside down world! All this guy wants to do is pump his own bags. If he's worried about the fed's credibility, that ship already sailed. What's more ridiculous is the idea that rate cuts will get it back.
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43 sats \ 1 reply \ @Cje95 26 Sep 2024
Did you watch this morning? They had Gensler, Tepper, and even Mark Cuban on. It was quiet a morning to be honest!
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0 sats \ 0 replies \ @siggy47 OP 26 Sep 2024
No. I missed it. I was dealing with doggy convalescence!
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21 sats \ 2 replies \ @grayruby 26 Sep 2024
When they start cutting they don’t generally stop at one cut so I would expect a couple more before the end of the year
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40 sats \ 1 reply \ @0xbitcoiner 26 Sep 2024
The race to cut rates by central banks has begun, the Fed is one of the last to start, right?
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33 sats \ 0 replies \ @grayruby 26 Sep 2024
Yes.
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0 sats \ 0 replies \ @0xbitcoiner 26 Sep 2024
These gentlemen have to keep the circus going. They seem to do things only to satisfy the will of a few. I don't know if the cuts are good or bad, but following this kind of path is not good.
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