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[-] chesmotorcycle@lemmygrad.ml 32 points 4 months ago

The article explains later that Japan expected the US Federal Reserve to cut interest rates much sooner. But that hasn't happened, hence the need to sell.

[-] ClimateChangeAnxiety@hexbear.net 46 points 4 months ago* (last edited 4 months ago)

Critical support to the Federal Reserve in their apparent quest to destroy the United States

Like I feel like everyone, both pro-capitalist and anti, have been screaming for months that they need to lower interest rates because it’s ruining everything and they simply refuse

[-] coolusername@lemmy.ml 22 points 4 months ago

It's because inflation isn't under control. I've been waiting for this moment to come for a while.

[-] ClimateChangeAnxiety@hexbear.net 18 points 4 months ago* (last edited 4 months ago)

Which to me seems to say “High interest rates have little impact on inflation and if anything make it worse” but I’m a scientist not an economist so I like to make decisions based on observable reality instead of vibes

[-] Idliketothinkimsmart@lemmygrad.ml 4 points 4 months ago

More countries dumping US bonds = higher inflation?

[-] lorty@lemmygrad.ml 20 points 4 months ago

The rentism economy is here

[-] 666@lemmygrad.ml 18 points 4 months ago

I say raise them further sicko yes

this post was submitted on 22 Jun 2024
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