Are Folks In America That Stupid?' Dave Ramsey Says Americans Should Be More Suspicious Of The Fed Rate Cuts Timing
Story by Kaili Killpack • 14h •
In a recent episode of The Ramsey Show, financial expert Dave Ramsey didn’t hold back when discussing the Federal Reserve’s latest rate cuts and timing – just weeks before a major election. Ramsey, known for his no-nonsense approach to personal finance, raised questions about the motives behind the Fed's decision, saying it's no coincidence that interest rates were lowered so close to Election Day.
On Sept. 18, the Federal Reserve cut its interest rates by half a percentage point – the first cut since 2020. While some say this is a bold move to help a struggling national economy, Ramsey calls it bogus.
Ramsey opened his discussion with a bold statement: “We just got word a few moments ago – surprise, surprise, 45 days from the election, the Fed dropped the interest rate … That wasn’t possible four months ago or eight months ago, but right before the election, it’s possible. That's just sus."
https://www.msn.com/en-us/money/news/are-folks-in-america-that-stupid-dave-ramsey-says-americans-should-be-more-suspicious-of-the-fed-rate-cuts-timing/ar-AA1rIzkF?ocid=msedgdhp&pc=HCTS&cvid=ebe36587716b47caf9068acdff11011e&ei=104
