ATC quote · Jul 31, 2024 · 0:17:55
“Oh, okay. Yeah. So so when when COVID happened, right, I think they cut rates aggressively. Right? Right? So right now, I think, I think the rates, I think it's, five point or 6%, I think. So when…”
Kool @koolcryptovc (speaker unconfirmed)
From ATC: $STX GETS PUMP.FUN(ish) BONDING CURVE Sponsored by @VelarBTC, Jul 31, 2024 · Episode page

In context
0:17:37 Dave @DCBK2LA (speaker unconfirmed): So let me ask you guys a question, right, just so we can clarify kind of for the listening audience. Right? Cool. When you say you don't expect it to be big, right, like a big rate cut, Do you guys wanna maybe kinda clarify when we talk about basis points and kind of... Like, are we are we look... Like, what's small and what's big and kinda what you anticipate?
0:17:55 Kool @koolcryptovc (speaker unconfirmed): Oh, okay. Yeah. So so when when COVID happened, right, I think they cut rates aggressively. Right? Right? So right now, I think, I think the rates, I think it's, five point or 6%, I think. So when they... When I say small small rates cut to be 0.25%, That's that's a a small rate cut. A big a big rate cut will be... Oh, if they cut rates by 1%, if they cut rate by 1%, I... The market probably crashed, man, because…
0:20:21 NatNat @Natnatx007 (speaker unconfirmed): Yeah. So the current federal benchmark rate right now is 5.25% to 5.5. So I agree. I do think the the consensus right now is for a 25 basis point cut. So that would take it from, let's say, five five point two five. So the lower end, it'll put it at a at a five. And if we... If they're successful at doing it slowly, I think it's gonna... As I said in the beginning, it's going to help the the crypto market for sure…
Show discussion only, not financial advice. Transcripts are auto-generated.
