r/wallstreetbets • u/abishop717 • 23h ago

Discussion 5 rate cuts 😮

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u/CoughRock 23h 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 23h 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 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/mouthful_quest 17h ago

Just curious if laid off government workers who’ve been given severance packages and aren’t allowed to report as unemployed is reflected in this non farm payrolls report?