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RE: LeoThread 2025-08-22 08:58

in LeoFinance2 months ago

25%. They would cut rates today. So that's not bad. That's sort of the press conference as well. Yeah, and the press conference as well. The thing that at the press conference, he's really speaking for the FOMC. But at the press conference, there were a few things though, the press conference has stuck out to me. One was he used the phrase, an ounce of prevention is worth a pound of cure, which I thought was rather interesting. And my larger takeaway from it was that the Fed is now focused on sustaining the expansion instead of normalizing policy. That's what it felt like. He had made another comment as well about how certain groups had been somewhat disadvantaged relative to others during the course of this expansion, that now they were beginning to see the fruits of monetary policy and he wanted to try to sustain the expansion. I think he actually used those words. Right. Okay, well, look, here's what I'll say to that. I know it's like motherhood, to sustain the expansion. But what (34/57)