areecep wrote a post · 4 hours ago

Critical Rate decision!

Markets see rate cuts at the FOMC Meeting, but let’s consider the Feds progress on CPI in 2024.

The FED identified an annual Target of 2% CPI growth

We are not only above that target but also 2000-2009 rates of overheating.

Remember those times?

$Dow Jones Industrial Average (.DJI.US)$ $S&P 500 Index (.SPX.US)$ $iShares Core S&P 500 ETF (IVV.US)$ $Nasdaq Composite Index (.IXIC.US)$ $Bank of America (BAC.US)$ $Citigroup (C.US)$

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areecep

Some famous words of Buffett. I hope it's useful to you. : )

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