#Inflation #FederalReserve #FedChairJeromePowell
Yahoo Finance’s Brian Cheung breaks down expectations for the Fed meeting and the potential impact on the markets.
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I WILL KEEP SAYING IT UNTIL IT CHANGES OR I DIE: ‘We The People’ need to rise up and pass a law that the US Fed has to have an annual economic inflation goal of zero percent (0%), NOT 2%. As America gets greater, a US Dollar should be able to buy more, not less. The US Fed with their 2% annual inflation goal are actually causing some economic and social problems in this nation and in this world. This is also a National Security issue as America and it’s currency gets weaker in this world. If America’s currency was to get stronger, more nations would want to utilize America’s currency and it’s ways.
@Not Interested Hence America should strengthen it’s currency so that more nations would want to continue to utilize America’s currency. This is actually a national security issue and the Fed should be forced to change it’s ways to having a 0% annual inflation goal and NOT a 2% annual inflation goal.
@TOM Pastian Blaming this all on Biden just shows how much you truly do not know. Trump’s large tax cut, Covid, supply chain issues, climate changing, …….
@Charles Brightman Hi Charles and thanks for the reply. Starting with your blaming our current 6.8 percent increase in the consumer price index and the highest rate of inflation since 1982 on Trump’s tax cuts, if you think no tax cuts plus the tax increases your looking at coming with Biden’s “Build Back Broke” agenda is going to improve the economy, then you probably believe that spending 1.5 trillion plus 4.9 trillion on the second phase of “Build Back Broke” wont cost a single penny. People who still support the Biden agenda / administration are completely delusional if you think dumping 6.4 + trillion down Biden’s economic rat hole won’t cost a single penny. Wait till you start paying for all the hidden costs of junk science climate change in the years to come. The so called supply chain issues are symptoms of the Biden administration’s handling of domestic energy production to a large extent; plus how our government, particularly under Biden, continues to pay people not to work, whether it’s child tax credits, welfare, stimulus, paying illegals who come here illegally and funding their lodging, healthcare, food, education, plus the state and city benefits they suck up in various sanctuary cities. BTW, you need to get the booster for the booster now, and you need to get these vaccinations even though they’re finding out more and more that they don’t work that well.
@TOM Pastian I replied to you, but apparently YT blocked the reply. Too bad for you.
@Charles Brightman Merry Christmas. The above comment you made I agree with, that we should not tolleate a 2% inflation rate or higher. I believe we never should have gone off the gold standard, i.e. our dollar should have always been backed by gold which prevented inflation.
Biden is tanking our economy. The guy never had a private sector job.
If he was forced to start his own business without using the money his son has embezzled, I don’t know if this guy could run a Kool Aid stand.
Never ever understood why the fed has to have an inflation target… Plus 8 fomc meetings a year is a lil too much… Hopefully Powell doesn’t crash the economy this time around…
With interest there’s inflation
Dude the economy is already crashing
Interest rate up in 2022
People don’t believe central banks anymore! This should have happened decades ago and we would be much better! They are private bankers that are in with the evil global elites wanting maximum power and control!
Govt theft continues.
Have a nice day.
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What you mean bro
Kaput