![Financial Survival Network artwork](https://is5-ssl.mzstatic.com/image/thumb/Podcasts123/v4/e4/e4/65/e4e4654e-999a-dad0-01f8-aef285839b29/mza_1338785608061121883.jpg/100x100bb.jpg)
Jim Welsh - Fed Cuts to Oblivion #4501
Financial Survival Network
English - September 23, 2019 13:00 - 28 minutes - 39.4 MB - ★★★★ - 31 ratingsBusiness Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Paul Gibbons - On Being a 21st Century Renaissance Man #4500
Next Episode: Chris Martenson - Eveything is Speeding Up!#4504
The Fed did it again, cutting rates another 25 basis points. Jim believes they’re cutting to head off poor economic news. If the news doesn’t come, then Jim believes they won’t cut at the next meeting. The Fed has some wiggle room. Perhaps it’s a move to keep the dollar from going higher to help exports. Reasonableness is no longer a factor in any discussions or actions about the economy. Maybe that will change.