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2023-09-20 Economy

Dow Jones Today: Stocks Gain Ahead of Fed Rate Decision

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Posted by Besoeker 2023-09-20 10:35|| || Front Page|| [7 views ] Top

#1 ....(SOUND OF MY 401K COUGHING WEAKLY BEFORE HAVING YET ANOTHER NEAR-DEATH EXPERIENCE)

Mike

Posted by MikeKozlowski 2023-09-20 10:42|| 2023-09-20 10:42|| Front Page Top

#2 We've had two bad months in a row now (July, Aug) regarding inflation with month over month rate greater than June. If Sept and October are also bad the Fed will almost certainly up the rate by another 25 basis points.

Of course the UAW strike, the Kaiser Permanente strike and consumers running out of borrowing may deflate the economy enough that this rate increase isn't necessary. We'll see.

Posted by lord garth 2023-09-20 15:23|| 2023-09-20 15:23|| Front Page Top

#3 Fed holds steady on interest rates but hints a further hike could be on the way this year - what does it mean for YOUR pocket?

Posted by Skidmark 2023-09-20 16:53|| 2023-09-20 16:53|| Front Page Top

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