paul krugman calling for 200-300 bp cuts over the short term 👀

the most sensible, non-political move that wouldn’t scare the markets would be to cut 25 bps, plan to likely cut again in a month, and indicate 100+ bps cuts over the next 6-9 months

paul krugman calling for 200-300 bp cuts over the short term 👀

the most sensible, non-political move that wouldn’t scare the markets would be to cut 25 bps, plan to likely cut again in a month, and indicate 100+ bps cuts over the next 6-9 months
https://youtu.be/Gu-GJUD4eHM?si=RMfKQ-qnGRxKV9HJ

because knowing is finding the limits /outercorps

the more i stay on farcaster the more interesting podcasts i find.

i’m trying to understand one thing he mentioned, so based on what he said about a rate cut being good news for kamala harris, if the Fed is separate from the government shouldn’t there really be no political impact on announcing a 50 point rate cut because nothing the government does significantly affects the actions of the Fed?