Thursday, September 19, 2019

September 18 is rate cut day

Yesterday, September 18th, the Fed cut rates for the second time. This is exactly the same as the U.S. economy and stock market of September 2007. Even the rate cut day – September 18th – was the same. The market hit a new high….and then crashed the following year.
--https://hat4uk.wordpress.com/2019/09/19/explosive-ny-fed-bails-out-wall-street-firm-in-liquidity-disaster-as-us-mulls-remake-of-2007/

On September 18, 2007, the Fed cut rates from 5.25% to 4.75%.
On September 18, 2019, the Fed cut rates from 2.1% to 1.8%.

And on September 17, 2001, the Fed cut rates from 3.5% to 3.0%

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On Sept 29 1998, the Fed cut rates from 5.5% to 5.25%.
On Sept 13, 1991, the Fed cut rates from 5.5% to 5.25%

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