Dropping the fed funds rate to 1% from today's 3.75-4% range would cut borrowing costs, boosting consumer spending, business investment, housing activity and asset prices short-term, potentially lifting growth and employment.
With inflation already at 3.4% CPI and 3.7% PCE amid solid expansion, the demand surge risks higher inflation, a weaker dollar and unanchored expectations. Markets could push long-term yields higher if Fed credibility erodes. Rates this low are typically reserved for crises.
Most consecutive games not losing the turnover battle, NFL history (since 1960)
1. 2023-24 Bills - 21 games (active)
2. 2006-07 Patriots - 20 games
3. 2010-11 Packers - 19 games
Teams Josh Allen beat this year:
NFC #1 seed
AFC #1 seed
The MVP
The team with the most probowlers
The team with the most all pros
The #1 run defense
The #1 offense
The #1 rushing teams
The #2 run defense
The team with the most sacks
The Bills have wins vs the 15-1 Chiefs and 14-2 Lions, making them the 1st team in NFL history to beat two 14+ win teams in a season
Josh Allen combined for 747 total yds, 6 TD, 1 TO, 0 times sacked in those games
Resounding MVP statement
More pressure on Monday, #Bills or #Jets? The answer is simple.
When you play a divisional opponent on the road, in week 1, after they acquire an HOF quarterback, you are SUPPOSED to lose.
The pressure is on the team that has spent all offseason talking. They better show up.