Did the Federal Reserve make a political decision to cut rates?

Breitbart News' John Carney reacts to Fed Chair Powell denying politicization of Federal Reserve decisions on 'Kudlow.'

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[A_francis]

Will the rate cut lead to inflation? How can I protect my stock portfolio of around 800K? I'm very worried about my portfolio losing value. Do i move to 100% cash? I just have a ton of questions.

[ravingartist]

Mr Carney is a smart guest on a smart show. Bravo Mr Kudlow!

[richardcorwin]

Welcome to the New American Just-Us System.

[reactiondc]

They cut rates, but now banks are raising theirs since the jobs report. :-(

[IRideAlone]

The Fed is Blackrock's bank. Poor people don't own Jerome Powell.

[GooglePhD]

Of coursethe fed did. Come on man. It's all politics

[theblackhawk]

They cut the rates, then it backfired, and it hasn’t changed nothing still

[SugabulletsSS]

The fed did 50 basis point cut to help out the other central banks simple

[ronbaxley]

I haven’t watched the video but yes without a doubt they cut rates for political purposes. That’s the only reason they released the drop in job numbers so that they could justifiably do it.

[genedhallinc]

They make a decision every 4 years as to who will be
President 😂

[DavidMartin-hvmn]

Didn't hear anything.
On the mainstream media talk at all about anything about inflation is back and going up. Everything you hear from them is dropped The interest rate.

[johnscott]

It is possible the Fed dropped 50 points for all the wrong reasons including being political.

[robindarrow]

I, personally am happy they cut the rate in September, it really helped me with my mortgage as I am low income and have alot of other bills.

[terra_world]

What people including Kudlow doesn't realize is that when the fed's cut the rate it takes months to filter into any significant changes. You can just make a cut and expect everything to change overnight. Its not a light switch. I expect another 1/2 point in November because inflation is still rising.

[jackwaterman-lwco]

It started going up last month, thry ignored it, but then again so did most of you.
The august reports, not this one.

[blueboots]

"what's the problem of shooting below 2%?" Don't be a fool, the problem would be the corrupt uniparty govt would have to actually spend less borrowed money on the american budget & collectively none of them want to have to do responsible legislation to keep the country solvent

[anchorsaweigh]

Well we are screwed anyways. Should have left interest rates where they were at. Fed should be disbanded anyways….

[charkyicenhour]

Soo happy. New batch of Money. States Pay tbe workers and farmers!!!

Stop sending overseas.

[charkyicenhour]

Got skme work back. Stop payjng overseas....

[napoleonsmith]

Food and fuel not in equation anymore.