Business

369 readers

131 users here now

A place to share business news and insights.

Rules

Follow lemmy.world rules
Only post content related to business
Do not use this community to promote your business

founded 1 year ago

MODERATORS

odrel@lemmy.world

jordanlund@lemmy.world

‘Time Has Come’ For Fed To Pivot Interest Rate Policy, Powell Says At Jackson Hole (www.forbes.com)

submitted 2 weeks ago by realcaseyrollins@thelemmy.club to c/business@lemmy.world

3 comments fedilink hide all child comments

top 3 comments

sorted by: hot top controversial new old

[–] moistclump@lemmy.world 1 points 2 weeks ago

Canadas had two rate cuts already.

[–] ChicoSuave@lemmy.world -1 points 2 weeks ago (1 children)

Honestly shocked that Trump appointee Powell hasn't crashed the market completely. But then again, raising the price of everything and making basics unaffordable is crashing the world, so it's probably going to need time to really see the devastation.

[–] realcaseyrollins@thelemmy.club 0 points 2 weeks ago

We will start to see it as soon as he lowers interest rates. That always makes things economically painful, even if it's better for the long-term health of the economy.