Recession avoided

[human1234]

Fed is going to cut interest rates. IT market slowly getting better. People have lots of money. House prices all time high. Stock prices all time high and going up.

 

Will there be a second wave of inflation?

 

[Anta Assamey]

Did Fed say they are going to Cut interest rates ?

[Pandubabu]

15 minutes ago, human1234 said:

Fed is going to cut interest rates. IT market slowly getting better. People have lots of money. House prices all time high. Stock prices all time high and going up.

 

Will there be a second wave of inflation?

 

what do you mean second wave of inflation ? as per fed , Inflation is not gone yet . they are working on that .

 

[Pandubabu]

16 minutes ago, human1234 said:

Fed is going to cut interest rates. IT market slowly getting better. People have lots of money. House prices all time high. Stock prices all time high and going up.

 

Will there be a second wave of inflation?

 

last year , they said they will do 7 cuts in 2024 . now they are saying 3. it all depends on inflation data. if the inflation is hot , they won't do a single cut . 

[CanadianMalodu]

49 minutes ago, human1234 said:

Fed is going to cut interest rates. IT market slowly getting better. People have lots of money. House prices all time high. Stock prices all time high and going up.

 

Will there be a second wave of inflation?

 

Interest rates are not going to be cut anytime soon. Central banks are peddaling lies. If RE is up by 30% than pre Covid, Groceries and Gas are up by a quarter atleast, then how come inflation is in single digits? How stupid can people be to buy that argument. It's going to be either stagflation or crash.Former keeps on eating your money for no good atleast latter is good for many except realtors and those who bought mortgages thinking RE means only up.

[Gaali_Gottam_Govinda]

Don't you see its all part of election campaign......... Musalodini gelipinchaneeki plan idantha........ Wait until elections to get the true picture. 

[sureshkonda]

they can control inflation by preventing people from working multiple jobs.

[lollilolli2020]

7 minutes ago, Gaali_Gottam_Govinda said:

Don't you see its all part of election campaign......... Musalodini gelipinchaneeki plan idantha........ Wait until elections to get the true picture. 

ee musalodo clarity kavali 

 

[lollilolli2020]

4 minutes ago, sureshkonda said:

they can control inflation by preventing people from working multiple jobs.

idemi kotha vishyam kaade 

[Hitman]

9 minutes ago, sureshkonda said:

they can control inflation by preventing people from working multiple jobs.

This only happens in Desi IT coolies. they influence RE market only at few places like Dallas, Atlanta.. 

[andhra_jp]

Infosys, Wipro ADRs trade up to 4% lower as Accenture slashes revenue growth guidance

Accenture now expects full-year revenue growth in the range of 1% to 3%, from its prior forecast of 2% to 5%.

Accenture has been grappling with sluggish demand for its IT and consulting services as high interest rates slam the brakes on an industry that benefited from breakneck growth during the Covid pandemic.

Tata Consultancy Services and Infosys, two of India's biggest IR services firms, also reported downbeat quarterly results earlier this year as spending dries up. They will be announcing their fourth quarter results next month.

 

[human1234]

2 hours ago, Anta Assamey said:

Did Fed say they are going to Cut interest rates ?

Yes 3 times this year. 6 times next 1 year. 9 times next 2 years .25%

[human1234]

1 hour ago, CanadianMalodu said:

Interest rates are not going to be cut anytime soon. Central banks are peddaling lies. If RE is up by 30% than pre Covid, Groceries and Gas are up by a quarter atleast, then how come inflation is in single digits? How stupid can people be to buy that argument. It's going to be either stagflation or crash.Former keeps on eating your money for no good atleast latter is good for many except realtors and those who bought mortgages thinking RE means only up.

Not sure bro. But why is the stock market keeps going up if there are no interest rates cuts.

[human1234]

2 hours ago, Pandubabu said:

what do you mean second wave of inflation ? as per fed , Inflation is not gone yet . they are working on that .

 

Inflation is around 3% now close to 2% target. It might start going up if fed cuts interest rates as lot of money in the system.

[maverick19]

2 hours ago, Pandubabu said:

last year , they said they will do 7 cuts in 2024 . now they are saying 3. it all depends on inflation data. if the inflation is hot , they won't do a single cut . 

they only said 3 rate cuts from december. market was predicting 7 rate cuts kada?