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https://www.reddit.com/r/wallstreetbets/comments/1jraffn/5_rate_cuts/mlf9ul2/?context=3
r/wallstreetbets • u/abishop717 • 1d ago
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1.7k
The feds job isn't to save the stock market, it's to keep inflation and unemployment low. Lowering rates now does nothing for either.
1 u/After-Panda1384 1d ago If the stock market drops a lot, that impacts gdp and unemployment. Every 10% drop of the s&p500 lowers the GDP by roughly 1%.
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If the stock market drops a lot, that impacts gdp and unemployment. Every 10% drop of the s&p500 lowers the GDP by roughly 1%.
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u/Rrrrandle 1d ago
The feds job isn't to save the stock market, it's to keep inflation and unemployment low. Lowering rates now does nothing for either.