Joker on Nostr: CEO's To Federal Reserve Chair Powell, "Lower Interest Now And By A Dramatic Amount ...
CEO's To Federal Reserve Chair Powell, "Lower Interest Now And By A Dramatic Amount or Everyone Loses Their Jobs!". #GotBitcoin #BitcoinFixesThis
* Intel Corp. Plans To Eliminate Thousands Of Jobs (Up To 10K) Right After Receiving Chip Funding ($8.5 Billion) From Washington!
* Existing Home Sales In June Were Back Near The Lowest Levels In A Decade, Bad News For Companies That Depend On Housing Turnover Such As Maytag Owner Whirlpool Corp., Which Said That The Recovery They Expected In 2024 Isn’t Going To Happen.
* Brunswick Corp., The Maker Of Recreational Marine Products, Noted Rate Cuts Beginning In September Would Provide A Tailwind Next Year.
* Pool Corp., A Distributor Of Swimming Pool Supplies, Said That Orders Haven’t Picked Up Yet, But Increased Inbound Calls Show Customers Are Just Waiting For Confirmation On Lower Borrowing Costs Before Making A Decision.
* Herc Holdings Inc. Said A September Reduction Will Benefit Construction Activity Next Spring.
The message to Federal Reserve Chair Powell clear: demand is sagging and the main thing keeping layoffs at bay is confidence that rate cuts will begin soon and usher in a brighter outlook for 2025.
The Fed now needs to deliver not just one but a series of rate cuts (the commercial real estate sector is demanding a return to zero rates) to maintain business confidence and ensure there’s no further deterioration in the labor market.
Remainder Of The Article:
https://dpl-surveillance-equipment.com/miscellaneous/we-ve-all-dreamed-of-saying-take-this-job-and-shove-it-these-people-actually-did-bitcoinfixesthis-gotbitcoin/Published at
2024-08-02 03:29:27Event JSON
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"content": "CEO's To Federal Reserve Chair Powell, \"Lower Interest Now And By A Dramatic Amount or Everyone Loses Their Jobs!\". #GotBitcoin #BitcoinFixesThis\n\n* Intel Corp. Plans To Eliminate Thousands Of Jobs (Up To 10K) Right After Receiving Chip Funding ($8.5 Billion) From Washington!\n\n* Existing Home Sales In June Were Back Near The Lowest Levels In A Decade, Bad News For Companies That Depend On Housing Turnover Such As Maytag Owner Whirlpool Corp., Which Said That The Recovery They Expected In 2024 Isn’t Going To Happen.\n\n* Brunswick Corp., The Maker Of Recreational Marine Products, Noted Rate Cuts Beginning In September Would Provide A Tailwind Next Year.\n\n* Pool Corp., A Distributor Of Swimming Pool Supplies, Said That Orders Haven’t Picked Up Yet, But Increased Inbound Calls Show Customers Are Just Waiting For Confirmation On Lower Borrowing Costs Before Making A Decision.\n\n* Herc Holdings Inc. Said A September Reduction Will Benefit Construction Activity Next Spring.\n\nThe message to Federal Reserve Chair Powell clear: demand is sagging and the main thing keeping layoffs at bay is confidence that rate cuts will begin soon and usher in a brighter outlook for 2025. \n\nThe Fed now needs to deliver not just one but a series of rate cuts (the commercial real estate sector is demanding a return to zero rates) to maintain business confidence and ensure there’s no further deterioration in the labor market.\n\nRemainder Of The Article: https://dpl-surveillance-equipment.com/miscellaneous/we-ve-all-dreamed-of-saying-take-this-job-and-shove-it-these-people-actually-did-bitcoinfixesthis-gotbitcoin/",
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