r/wallstreetbets • u/abishop717 • 1d ago

Discussion 5 rate cuts 😮

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u/CoughRock 1d ago

who's making these prediction for rate cut ? didn't jpowell explicitly said he's going to wait and see ?

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u/DPMKIV 1d ago

It's called a FED bailout...

It theoretically should ease the free fall to prevent an all-out crash.

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u/CoughRock 1d ago

adp non-farm report just came out. Much higher non-farm employment than predicted. We are screwed in term of rate cut. High unemployment and high core inflation gave jpowell easy excuse for pause rate and wait and see.

it's going to take a miracle to see rate cut now.

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u/DPMKIV 1d ago

We'll see what actually happens. I mean... they printed money when COVID hit to keep the US spending.

If this sell off starts triggering massive buying of off shore stocks due to unease in US stocks... they gotta do something to keep investors in US stocks.

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u/Musicman425 1d ago

But this is purposefully self inflected. No reason to cut rates for self harm.