Quote from Tracy McGreedy:
Sure they matter. a fed fund rates at 2.5% would stimulate all areas of the economy, that too is a function of time. It doesn't happen overnight. Rate cuts take 6 months to start to kick in. Let's see, they started in Aug.. There has never been a period in history where an easing fed has not led to clear expansion some 12-18 months later.
Quote from EtfTraderLives:
Yeah, the fed could care less about inflation. Just got back from the supermarket.
Minute Maid Orange Juice $7.69/gallon
Milk $4.69/gallon
Dreyers ice cream $4.99/gallon
Inflation my left nut.