Quote:
Originally Posted by cabmando
I don't see them dropping rates because inflation is still pretty much nonexistent. I don't see a one month low report making the FED panic and it shouldn't make anyone else panic either. Demand is still good from what I've been seeing in business.
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With inflation low they could afford to drop rates,. They don't want to drop rates when inflation is high.
I do agree that they won't react to one months data set.