We interrupt this program to bring you... 1% interest

This time I agree with Uncle Ben. Dollar is strong, and cutting rates is good.
I also agree to the half point cut, they will have powder for next cut ;)

For the moment the Market shows no big raise, but no big decline - thats good news.

However, this more and more looks like Greenspan era - I never thought we will have under 1.75% rates soon.

From Yahoo Finance:
Fed Cuts Key Interest Rate Half-point to 1 Percent

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