NYT: Fed will likely indicate two rate cuts are on the table for this year

Jeanna Smialek, Federal Reserve and Economy Reporter at The New York Times, discusses inflation and the latest Fed decision.

[@EvanGiarusso]

Why would they cut rates when there's no real pain in the market? Jobs report is coming back too strong, the stock market is still making gains and no banks are failing.
If they cut rates this year it will be political not economical. As someone who owns a mortgage with a 7% interest rate I would love for them to cut rates but at the same time it doesn't make sense. If Washington would stop running up the debt so much and handing out free money we could combat inflation a lot faster!

[@LumenMichaelOne]

Ooh - 👁dunno why would they? Your thoughts please.

[@mannydavidcastillo1109]

No way inflation is down no way

[@denniedollreborn8711]

Let’s raise rates!!!!!!!

[@dariusblakeney3483]

Good luck w that

[@JohnReynolds-ni5lv]

Don’t think so. Banks would fail.

[@2023gainer]

Prices dropping..Gas, Groceries, Autos .but not Rents and Insurance yet

[@mikec7220]

Inflation is down everwhere except the real world.

[@btcberg3615]

BITCOIN OR GO DOWN WITH THE SHIP

[@calledout4437]

There is only one reason they’d cut rates this year. To reelect Joe Biden. There is zero reason to cut rates! Inflation is still hot

[@kodiakgriz2296]

Incorrect ....deeper dive into labor is. Alarming ...it's lagging indicator...econ101

[@jjgiddy]

I can see 1 cut, but 2? When the markets are at ATH? That's wild.

[@erichvonmolder9310]

They said one possible rate cut, not two.

[@RidleyHolmes-sr2tw]

I watch CNBC every day so I can be reminded how great the economy is doing.

[@trainmaster0217]

Why?? Inflation is still running rampant. Been to the stores lately?

[@samahirrao]

Monthly MOM PMI will be 55%, july is 1 rate cut.

[@samahirrao]

More but not less.

[@andresmarchena6362]

That will spark a return to 5.25-5.50 by December because of a return of hotter than expected inflation

[@andresmarchena6362]

Stop with the rate cut talks be real

[@paulchristopherlittle]

Brrrrr

[@Sonyemman97]

This is false

[@2023gainer]

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[@illegalsmirf]

hiya hun, have you finished your homework?

[@MatthewMS.]

Behave yourself Smurf

[@LumenMichaelOne]

Miss Jenna Smialek should become Regular. WenYuhGudYuhGood.