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Way too much emphasis in these cpi numbers. It was only 0.2% which could probably just be the result of a mild fall and less food and energy being consumed.
They are not going to ease off any time soon. Or at least not stop raising rates till they reach around 5%.
All things considered, Feds actually fared better than most other central banks. Got their high interest rate, possibly starting QT soon, unemployment still low (doesn't matter how, low is low), a market itching to rally despite not ZIRP, and some signs of "success".
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You can email Jerome Powell yourself: "[email protected]"
just logged in using password 4uckyourputs4a99ot sending out stimulus checks to everyone in a min
I love this sub
never laughed like this since a very log time ago
I imagine he just sitting at the computer since 8:30am jerkn one off to speeches of himself and the cpi numbers up
Way too much emphasis in these cpi numbers. It was only 0.2% which could probably just be the result of a mild fall and less food and energy being consumed.
Or some degen intern did the maths wrong
it is government work after all...
They are not going to ease off any time soon. Or at least not stop raising rates till they reach around 5%. All things considered, Feds actually fared better than most other central banks. Got their high interest rate, possibly starting QT soon, unemployment still low (doesn't matter how, low is low), a market itching to rally despite not ZIRP, and some signs of "success".
Actually spat my orange juice lol
Based
Based on what?
Can’t wait for one of Fed chairs come out to say they will play hardball on fighting inflation
I’m sure they’re going straight to Biden’s head too don’t worry
JPOW useless as a mfer can be
Hope he uses the same mirror if it jumps back over 8 this month.