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The rate cut might signal the market is about to do serious correction as record shows tt the market created lesser US labor jobs more than expected with 177k per mth last year instead of 244k per mth
https://www.nytimes.com/2024/08/21/busin...onomy.html
"the devil is attacking you and not your argument because he is weak”
(This post was last modified: 22-08-2024, 11:01 AM by
revealer.)
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(22-08-2024, 08:58 AM)theold Wrote: The minutes noted that “several participants” observed recent progress in inflation and rising unemployment, providing a reasonable justification for reducing the target range for the cash rate by 25 basis points.
https://money.kompas.com/read/2024/08/22...-september
no cut one lah..............the Jews like to feign east and strike west............
![](https://i.imgur.com/CLvY2jA.png")
