As of April 26, 2024, the 4-week Treasury Bill rate is 5.28%, which

is higher than the long-term average of 1.41%. This rate is the yield

received for investing in a US government issued treasury bill that has

a maturity of 4 weeks. The 4 week treasury yield is included on the short

of the yield curve, and thus closely mirrors the Federal Funds rate

that is set by the Federal Reserve.

In the first quarter of 2024, the United States economy grew by 1.6%, In

the fourth quarter 0f 2024, the US economy grew by 3.4%.

$

Financial media is freaking out over low number of 1.6%. Instead of giving

the average for the past 7 quarters.

FEDERAL RESERVE SHOULD CUT INTEREST RATE JUNE 24. WHY??? The Federal

Reserve should increase interest rate 25 basis points, The Federal

Government should prorated the Budget by 1%. While consumers should cut

spending by 5%. This would really freak most everyone out, but if the

consumer spend less, while paying down personal debt 10%, this will

automatically increase saving and disposal income.

!

The Federal Reserve increasing interest rate by 25 basis point to 5.75% would

increase the interest rate on the Federal Government which the 1% proration

would absorb the 25% basis points and start the process of reducing the 33

trillion debt the US currently have.

!

This will happen because the United States Economy needs a rest. Shortage of

labor, consumer debt out of control, supply shortages, Federal Government

excessive debt and spending is absolutely not benefiting anyone.

1

GDP is also equal to the sum of personal consumption expenditures, gross

private domestic investment, net exports of goods and services, and

government consumption expenditures and gross investment. Gross domestic

income (GDI) is the sum of incomes earned and costs incurred in the

production of GDP.

!

Gross domestic product is a monetary measure of the market value of all the

final goods and services produced and rendered in a specific time period by

a country or countries. GDP is more often used by the government of a single

country to measure its economic health. Wikipedia

!