r/wallstreetbets • u/abishop717 • 1d ago

Discussion 5 rate cuts 😮

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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/spookyswagg 1d ago

Ya, but inflation was at 2% then.

Inflation is predicted to rise this year, 4%, next year by >4%

Rate cuts now would just make that way worse…

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u/Der_Hebelfluesterer 1d ago

Inflation versus economy the FED will choose economy and reduce rates anyway