r/wallstreetbets • u/abishop717 • 23h ago

Discussion 5 rate cuts 😮

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u/CoughRock 23h 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/Ok-Instruction830 23h ago

More tariffs = lower rates. It’s one hack economists don’t want you to know 

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u/4look4rd 23h ago

It’s going to be a choice of getting punched in the face (high unemployment) or punched in the head (high inflation). Will probably get both.

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u/wsbgodly123 22h ago

What about kick in the nuts (sharp drop in consumer spending)?

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u/4look4rd 22h ago

That’s complementary, JPowell special.

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u/SandyBlyatCheeks 21h ago

POWELL! Right in the kisser!