After a hike next week, the Fed would be 'nuts to keep tightening': Cramer [CNBC]
Comcast Corporation - Class A (CMCSA)
Last comcast corporation - class a earnings: 4/30 07:00 am
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Source: CNBC
show chapters The economy is showing signs of weakness that should make the Federal Reserve think twice about raising interest rates after December's widely anticipated hike, CNBC's Jim Cramer warned on Thursday. There's enough conflicting evidence that the economy is slowing, perhaps even dramatically, that I think the Fed should wait and see before taking any additional action, he said on Mad Money. While U.S. employment is the strongest it's been in decades, Cramer has also seen distinct signs of economic deflation, or when the average prices of goods and services fall. Generally speaking, the Federal Reserve's task is to keep a lid on inflation, or the rise of said prices. In recent months, Cramer noticed costs for various goods sliding in lockstep with recent declines in oil prices . Both home prices and home sales have also declined, often a prelude to a downward spiral of lower and lower prices, he said. Still, with incredibly low
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CMCSA
Earnings
- 1/25/24 - Beat
CMCSA
Sec Filings
- 4/17/24 - Form 4
- 4/17/24 - Form 3
- 4/15/24 - Form 8-K
- CMCSA's page on the SEC website