The Federal Reserve has just announced interest rate cuts. CNBC’s Editor at Large John Harwood joins Stephanie Ruhle to discuss why the Fed would lower rates if the economy is so strong and what this move means for you.
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What Interest Rate Cuts Could Mean For You | Velshi & Ruhle | MSNBC
If every country has a zero interest rate one would expect economic meltdown
it means that everyone can borrow more money … and go deeper in debt … dumb economy … it’s can’t thrive unless it’s more war and deeper debt … explain how does this end
it ends with a recession of the proportion of the 1929 great depression
shoooooooooot him
@ken nesbitt he is barely the problem. It’s a deep state and a permanent government who is at fault…. But they are faceless and unknown. Shooting Trump would solve nothing.. easy with that train of thought, killing people is not the answer.
What the “Student loan ,” & “Auto Loan,” Bubbles are going to soon Burst.
it is to hold off the crash … we all know it is coming … pray that it happens soon and before 2020 … sooner or later … too much of anything is too much … think debt that can never be paid back …
Yup, that tax cut was a high-jacking and allowed the rich to get their money out and delay the recession. Republicans want this to fall on the Democrats so that they can start hollering about spending cuts.
Notice how Trump has already thrown the Federal Reserve under the bus…as usual.
It has been like a band-aid being pulled too slowly waiting for the system to collapse. The coming of A.I. cannot come fast enough for me.
this economy isn’t as good as people would make it out to be.
Kevin Harbo Trumpturds are about to be in for a rude awakening.
I would like to go to Baltimore buy up the slum properties. And not honor or renew the tenants leases then renavate the homes and jack up the rents. And put desirable tenants that can pay the rents. And not destroy the place..Baltimore would like it it would bring in more taxes and. It would be in high tax bracket crime would go down
@Thomas yeah sure! Go for it! Im sure no one has thought about or tried that before.. Sounds genius!
“economy isn’t as good as people would make it out to be.” Really? You’re not paying attention, are you?
@DeskAgent stop drinking the Kool-aid….
The economy is not a-okay… the people have to rely on loans that they have trouble paying to buy more and more of the things people could buy with their salary before Regan rigged the whole economy in favor of the rich. Only a fool would think this kind of system is not going to lead to a huge recession as the poor get poorer and the richest people take a larger and larger portion of the pie.
Trump got his way. He’s been pushing for lowered interest rates to prevent his (actually Obama’s) economy from declining, which was/is inevitable. As always, Trump only does what is good for Trump. He couldn’t care less what it does to anyone else.
ohhhhhhhhhhhhhhhhh so if it crashes its obama’s fault. wow great original thought
It means our dollars are even more worthless.More worthless money chasing that gargantuan debt tail. The economy is on the edge of disaster, as greed and selective-ignorance.rules this land.
If Trump’s economy is so great why cut the Fed? Why did Trump raise the debt ceiling?
Terry Kane he’s lying to his supporters about it and they’re to stupid to see wonder how many will still support him when the economy crashes soon
Because he’s holding off the China deal, ratifying the new NAFTA, and brokering Iran or Venezuela or N. Korea concessions until after November 2019. So he can ride a trifecta into November 2020.
@SPZ Aruba fat chance.. this moron could screw up a wet dream.
It’s nothing more than doping the economy. America will pay for this within the next decade
The economy is slowing as predicted and the Trump faction is terrified after just having given a tax cut to the wealthy while promising it would pay for itself.
Ganesh’ s stepbrother 7193 EXACTLY!
The economy is : 1) not very good for the average person 2) going to crash soon due to more unregulated Casino Capitalism/Welfare for the rich that 45*/current GOP exploded (even more than under Bushy Jr.) with his/their tax cut for the rich, which reports have shown is a complete bust for the economy…even the Congressional Research Office concluded this.
Couple of Robert Reich vids explain some of this:
https://www.youtube.com/watch?v=BYWEIufMjUM
https://www.youtube.com/watch?v=gECPImasa7A
And a good read: https://www.counterpunch.org/2019/07/19/the-numbers-are-in-and-trumps-tax-cuts-are-a-bust/
Much more can be read by searching for “2017 tax cuts are a bust”. We have decades of data and history that show that trickle down/reagan/GOP/supply side economics don’t work.
WRONG. YOU LOSE
@Walt Schmidt shaddap trumptrash
Interest rates could be 0 but we are not gping into recession, we are getting bankrupt! This is Putin’s wish and Trump wil deliver!
Dont forget all the money in trumps pocket. Hes not going to pay taxes on, so will they give trump a loan?
As retired class increases, these low rates will reduce even more their standard of living. Trump and Wall Street live on debt so they could care less.
This is not normal sums up the Trump admin perfectly. It’s not sane either.
negative interest by end of year . . cash will cease to be used when governments panic.
Trumps orange fingerprints are all over this 😡🤬😖
So the Fed is full of trumptrash, as well. I see….
Scammers. They’re nothing but manipulating scammers.