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marcosdumay 7 hours ago

It's interesting that this article doesn't have the rate...

(It moved from 3.5% - 3.75% to 3.75% - 4%, the US uses a range, not a fixed number.)

But this one is something that gets results almost immediately. We will see what it does in 2 or 3 months, not years.

karp773 6 hours ago | parent [-]

What results? Overnight interbank loan rates, yes, immediately. The effect of those rates on the economy? It will take time to propagate. Heck, some important committees only meet like twice a year.

marcosdumay 5 hours ago | parent [-]

> What results?

Inflation numbers, companies firing, and the magnitude of fictional numbers on financial markets.

Lots and lots of things are slower to react, but those 3 are quite big and hard to ignore.

carefree-bob 4 hours ago | parent [-]

Layoffs are abnormally low right now, well below the rate a decade before 2020.

Here is data: https://fred.stlouisfed.org/series/JTSLDR

Inflation is a bit higher, but not shockingly so, here is the data:

https://fred.stlouisfed.org/series/CPIAUCSL#

In terms of "fictional numbers on wall street", I don't see any real data there, but if you have access to something then please share.