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There is literally no point in raising rates and slowing the economy simply so that you can then lower rates and reinvigorate the economy again. That doesn't ac
by missedthecue 5y ago
There is literally no point in raising rates and slowing the economy simply so that you can then lower rates and reinvigorate the economy again. That doesn't accomplish anything.
And rates can always go lower from where they are now. It's not like the Fed is out of room if they wanted to lower rates further.