[fintstone]

Originally Posted by William930t

I am wondering why the FED even wants to ease rates in our current phase of slow steady growth, the longest such period in market history. A future correction or recession is likely, so why not wait until indicators show lowering rates will truly help: hold your ammo.

Why would you not? Is there such a thing as too many people working and making better wages in relatively low inflation environment?

I guess anyone that already has a great job or has made plenty of money would prefer higher interst...as their main concern is to keep what they have growing at better than inflation rates without any risk. Obviously. those that have not want jobs, better wages and less expensive housing, cars, etc...and the opportunity for a good stick market return.

Of course a future recession is likely, they are somewhat cyclical, and we are overdue. OTOH, one could make the case that we were due a couple of years ago...and signs were pointing to that...before the economy came roaring back with the current higher GDP growth rates, jobs, higher salaries, manufacturing, etc. Lower interest rates help all those things.

They want to ease rates to where they were before they mistakenly raised them. Sounds like good policy to me.