Quote:
Originally Posted by ASAP
the only thing I gather (assuming all data is true) is that the rate cut was very premature...
unless we see revised data in a week lol
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I don't see any data that shows the rate cut was very premature, 1 week of employment numbers, one month sales numbers slightly above what was expected. Fed isn't trying to reduce sales but instead sales prices.
I don't see any alarming data.