The one big question that remains around the Federal Reserve's plans to cut interest rates is by how much? 'The economic impact between a 25 and 50 basis...
"The economic impact between a 25 and 50 basis point rate cut is very small, at least from on the loan rate side around $4 billion, which is nothing in the grand scheme of things.
So even if it's 25 or 50 basis points, sort of how he couches it is more important than the number itself.I think it's important for him to speak truthfully about where the economy is, and he does it all already.And obviously, if the Fed is cutting rates, then they see some risk to unemployment.How worried he is about unemployment over the next year or so.
After finding John Metcalfe busking outside of a McDonald's in Liverpool, England, Stephen Flynn learned he was living in a car with his girlfriend. Recorded from inside a car and later posted on TikTok by Stephen Flynn, the brief clip shows John Metcalfe, 59, singing Dire Straits’ “Sultans of Swing” and playing acoustic guitar on Aug. 20. As of Monday, Sept. 9, the video has generated over 11 million views — and a GoFundMe has led to nearly £6,000 in donations.
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