Charter Member
....and based on the reaction of the stock market it was already baked in. What does it mean to us---that depends on who you listen to. For most of us "senior citizens" it is limited. The 10 year treasury note which has slowly been falling in anticipation actually closed up today by 0.046 (1.26%)--that is a substantial jump.
"A pessimist sees the difficulty in every opportunity, an optimist sees the opportunity in every difficulty” ---Sir Winston Churchill
"Political extremism involves two prime ingredients: an excessively simple diagnosis of the world's ills, and a conviction that there are identifiable villains back of it all." ---John W. Gardner
“You can’t go back and change the beginning, but you can start where you are and change the ending.” ---C. S. Lewis
Charter Member
Yeah, little benefit to me personally - but a general boost to our economy - lifting the tide for all, so to speak.
Hunter
I don't care if it hurts. I want to have control. I want a perfect body. I want a perfect soul. - Creep by Radiohead
Charter Member
After sleeping on this overnight this is what happened today
"A pessimist sees the difficulty in every opportunity, an optimist sees the opportunity in every difficulty” ---Sir Winston Churchill
"Political extremism involves two prime ingredients: an excessively simple diagnosis of the world's ills, and a conviction that there are identifiable villains back of it all." ---John W. Gardner
“You can’t go back and change the beginning, but you can start where you are and change the ending.” ---C. S. Lewis
Charter Member
And on a side note the Republicans are claiming election interference. Been scheduled for the last year if anyone was paying attention.
BYW the FED is a Biden_Harris thing also. I guess they really are that stupid.
Fred
"Everyday I beat my own previous record for number of consecutive days I've
stayed alive."
'Take care of yourself, and each other.'
Charter Member
It is a shame that so many people have limited economic knowledge base to be able to evaluate ridicules claims--it paves the way for lies which to them become truths.
As a side note: interest rates on CDs have followed the FED lead.
"A pessimist sees the difficulty in every opportunity, an optimist sees the opportunity in every difficulty” ---Sir Winston Churchill
"Political extremism involves two prime ingredients: an excessively simple diagnosis of the world's ills, and a conviction that there are identifiable villains back of it all." ---John W. Gardner
“You can’t go back and change the beginning, but you can start where you are and change the ending.” ---C. S. Lewis
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