Lets see

US employers announced 153k job cuts in October, and job openings hit a 4-year low. The Fed is behind, and more rate cuts are likely ahead.

tough times for builders

And these jobs are not coming back.. also people who are in tech are getting laid off right and left, companies have more layoffs planned for next two quarters. And these people are qualified professionals with good salaries who spend.

Can’t believe it’s that hard for fed to be forward looking!

Puru, in the past rate cuts have started stock market declines, no concerns?

I agree. The Fed was hooked on inflation and got blindsided by unemployment.

Opportunity knocks loudest when the herd is quiet.

And inflation is above the curve. Until the Govt slashes spending, the People will continue to be squeezed dry.

Soooo jobs are normalizing?

The Fed is late… never would’ve guessed it.

You think lower interest rates will create jobs. 🤣🤣🤣🤡

Unaffordability is becoming a voter issue in USA. I think gaslighting Americans won't work in elections going forward.

It's too late.

Ok how does cutting rates help to gain employment back?