Joker to News@lemmy.worldEnglish · 14 days agoFederal Reserve cuts its key interest rate by a quarter-point amid postelection uncertaintyapnews.comexternal-linkmessage-square37fedilinkarrow-up1129arrow-down13
arrow-up1126arrow-down1external-linkFederal Reserve cuts its key interest rate by a quarter-point amid postelection uncertaintyapnews.comJoker to News@lemmy.worldEnglish · 14 days agomessage-square37fedilink
minus-squareAlDentelinkfedilinkEnglisharrow-up1arrow-down2·13 days agoOh neat! Inflation only exists if it happened in the last 12 months. /s Accumulative inflation is a thing, and it is up 21.8% since 2020.
minus-squaren2burns@lemmy.calinkfedilinkarrow-up1arrow-down1·13 days agoSure, but that has almost no impact on Fed policies.
Oh neat! Inflation only exists if it happened in the last 12 months. /s
Accumulative inflation is a thing, and it is up 21.8% since 2020.
Sure, but that has almost no impact on Fed policies.