lol another misdirect... Are you not complaining here that the Fed should lower rates or is this above your mental pay grade? Here's the byline of your copy and paste: The board’s insistence on keeping rates higher for longer is based on a serious misjudgment. Pssst, the reason the Fed is not lowering rates is because of inflation
it is laughable that economic illiterates such as Invisible and Space Ghost continue to parroting convenient spins / false narratives, without any understanding of what the Fed's charter is. Both have parroted that if only the Fed would cut spending, when it has nothing to do w spending.
Keep misdirecting because that's all you're good at when you've been proven wrong. Nice pivot from calling me a liar, btw. Your vocabulary is as limited as your emotional stability. We've gone over this before and I doubt people here care about it. https://www.marketwatch.com/amp/sto...nto-actual-losses-with-more-in-sight-acf7ae79 Fed’s $1 trillion pile of paper losses are turning into actual losses — with more in sight “I don’t think it matters, until it matters,” On topic, the Fed would love to lower rates in order to lower the interest payments on the assets they gobbled up during the pandemic AND post-lockdown recovery. That they haven't shows you how sticky sticky sticky inflation is despite Powell's December comments and their rumored 2024 dot plots with "7 rate cuts" that triggered a market rally based off of thin air.
So you're telling me the Inflation Reduction Act didn't let Powell drop rates so far this year?? Let's Bidenomics this b**** up even more and send all the illiterates who hate the current economy to the Promised Land!!!
Just wait until Donnie promises the MAGAs and normies a 3.75 Fed Funds rate by the end of 2025. Both Astros123 and Adoo will be on the MAGA bandwagon.
Weak. People can read and make their own judgements, and all you got is memes. What a cowardly miserable clown.
altho the illiterate wants to discredit / take cheap shots at the Fed, he is actually posting video of Jeffrey Gunlachs complimenting fed's policies, anyone who is in tune w the US economy, such as Gunlach, knows that not-so-good CPi/PPi reports not enough to reverse the overall downward trend (for inflation) from the 9% high of ~ 2 years ago only underscore the strength of the trend. a good report following the not-so-good reports confirms / cements the downward trend. but that's just too nuanced for the parrot of "the Fed is wrecking its balance sheet" false narrative, !!!
More Gundlach "praising the Fed." He also goes into further detail about car insurance in inflation mentioned earlier in this thread. I'm do doing you a favor adoo, you should be creaming with insults till next Fed meeting.
