this post was submitted on 22 Jun 2024
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The article explains later that Japan expected the US Federal Reserve to cut interest rates much sooner. But that hasn't happened, hence the need to sell.
Critical support to the Federal Reserve in their apparent quest to destroy the United States
Like I feel like everyone, both pro-capitalist and anti, have been screaming for months that they need to lower interest rates because it’s ruining everything and they simply refuse
It's because inflation isn't under control. I've been waiting for this moment to come for a while.
Which to me seems to say “High interest rates have little impact on inflation and if anything make it worse” but I’m a scientist not an economist so I like to make decisions based on observable reality instead of vibes
More countries dumping US bonds = higher inflation?
The rentism economy is here
I say raise them further