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It's less difficult to slow down the economy then to stimulate...

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AlCp

27,644 Posts.

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23/08/24

21:37

Post #: 75350733
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Originally posted by Jrowl1 ↑

When they started raising rates, they started with 0.25% raise (the market almost laugh at that with inflation almost 10%) then .5% raises if I remember correctly. The initial one will be small then larger cuts after but even they may do .5% stating labor market is starting coming into line for our policies that is fine also. They have things under control.

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It's less difficult to slow down the economy then to stimulate it, much better to do a .5% given the revision of the labour market.

Last edited by AlCp: 23/08/24

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