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Content
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phil pfp
phil
@phil
Why the big ceremony around interest rates every 6 weeks? It seems so outdated. Interest rates should be adjusted by the Fed continuously, or at least daily.
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ns pfp
ns
@nickysap
Manipulation my friend
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Future pfp
Future
@future
job security for the 12 voting members
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eirrann | he/him🎩🔵 pfp
eirrann | he/him🎩🔵
@eirrann.eth
Because it's used as a means of regulating economic performance
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Sid pfp
Sid
@sidshekhar
@askgina.eth what do you think? Can you suggest concrete pros for why the status quo is the way it is?
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Gramajo👽 pfp
Gramajo👽
@gramajo.eth
Well it’s the way we collect data, we don’t have a stream of data coming in. If they had a stream of data the decision could be closer to real time not sure we will ever get to smart contract level adjustments but that would be SICK
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Luigi Stranieri pfp
Luigi Stranieri
@luigistranieri
Everytime a powerful country changes the interests rates there’s consequences somewhere. I think 6 weeks are for stability. But I could be wrong.
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Ida Belle 🟪Ⓜ️🎩🫂🍖 pfp
Ida Belle 🟪Ⓜ️🎩🫂🍖
@ida
I believe the 6 week schedule helps avoid market chaos. Constant changes would cause too much uncertainty for businesses/consumers.
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Rafi pfp
Rafi
@rafi
Updating all these Excel spreadsheets cannot be updated in real time
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goldⓂ️🎩 pfp
goldⓂ️🎩
@jjinppang2
that's right I think it would be good if the interest rate were adjusted every day. Or on a weekly basis
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Kiraa♡ pfp
Kiraa♡
@fwkiraa.eth
agree
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Abbas🎩👾 pfp
Abbas🎩👾
@0xabss.eth
I dont even think the reports released lately are real numbers.
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Melanin💜✨ pfp
Melanin💜✨
@0xmelanin
people are scared of changes even if they’ll be more effective
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Rando pfp
Rando
@chasing-pointers
if rates were dynamic, seigniorage would be impossible. Thus, they never will..
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smarsx pfp
smarsx
@smarsx.eth
just peg ffr to the 2yr and call it a day
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sammiller pfp
sammiller
@sammiller
Interest rate changes need real-time adjustment for impact
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max ↑🎩 pfp
max ↑🎩
@baseddesigner.eth
they have to keep the market hostage and wait on their decision - typical power move
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Lavinaa pfp
Lavinaa
@lavinaa
The figures doesn’t even seem accurate most of the time.
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Bridget📍 pfp
Bridget📍
@bbridget
The only interest I have knowledge about is the the 50% interest on my savings account
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Dosh✨🎩🥶 pfp
Dosh✨🎩🥶
@doshman
Great point,The ritualistic nature of these scheduled announcements does feel a bit antiquated, especially in today’s fast paced financial world.
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