« First « Previous Comments 717 - 756 of 1,541 Next » Last » Search these comments
AD says
That is why we may not see a reduction in the Fed Funds rate until this October or November.
Still too early.
https://x.com/charliebilello/status/1757453832324341971?s=46&t=5lEEPaezr6Ic-W4Z6huZ5Q
This will then have Senator Pocahontas to put pressure on Powell to lower the Fed Funds rate at least 4 months before the upcoming Presidential election.
1) They get pressured to lower rates due to high debt service for the new issued bonds.
Why in the world would the Fed lower interest rates at all this year?
.
And if you see the above chart, about from 2007 to 2015 there were no real gains in household income. More specifically, income was not keeping up with inflation, even with government inflation being reported as low.
.
IIRC, Fed Daly is the SF Fed president. It will be interesting to watch what the Fed will do in the coming months.
I can't imagine any woman being happy with opening that box.
I mentioned that the minimum wage increases for 25 States haven't worked their way through the economic system yet. This along the COLAs for social security and government employees and government retirees have boosted the Wall Street forecasts for the PCE indicator to the highest reading in about a year. These will continue to trickle through via higher rents especially. There are further State mandated pay hikes coming later this year as well.
https://finance.yahoo.com/news/fed-favored-inflation-gauge-seen-210000759.html
« First « Previous Comments 717 - 756 of 1,541 Next » Last » Search these comments
https://patrick.net/post/1344548/2022-04-11-putin-s-price-hike-failing-administrati
Frankly, I prefer my spaceship to have big tits and not fake inflated ones.
EDIT - numbers drop:
America goes back to the 80s: Surging gas prices and higher rents push inflation to 41-year high of 8.5% as White House blames it on Putin invading Ukraine
The consumer price index rose 8.5% in March from a year ago, the fastest increase since December 1981
Housing costs, which make up about a third of the index, have escalated and show no signs of cooling
Gasoline prices soared 49% in March from a year ago as the war in Ukraine rocked energy markets
Biden's administration tried to get ahead of the dire inflation news by blaming Russian leader Vladimir Putin
But Republicans place the blame for soaring prices on 'Democrats' reckless spending and failed policies'
https://www.dailymail.co.uk/news/article-10711311/Inflation-soars-new-41-year-high-8-5.html?source=patrick.net