#interestratehike #FOMC #JeromePowell #inflation
Michael Cox, former chief economist for the Federal Reserve Bank of Dallas, spoke with Yahoo Finance anchors Rachelle Akuffo, David Briggs and Seana Smith about the latest Fed interest rate announcement and why the markets are reacting so positively.
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I like this guy 👍
Lol
No selling
Why are this people controlling our lives, buy Bitcoin and start moving away from this nonsense
Volcker is tossing and turning in his grave. May his aggravated soul RIP.
En Amérique l’inflation atteint 8,5% en Mars 2022. Un record depuis 40 ans. Après une première hausse de ses taux la FED prévoit plusieurs hausses successives de ses taux dans les mois à venir. Pour combattre l’inflation galopante le taux directeur de la FED doit être à 7% au lieu de 0,5% à ce jour. C’est encore très loin !
En Zone €uro l’inflation atteint 7,5% en Mars 2022. Un record depuis 30 ans. Pour combattre l’inflation galopante la BCE présente sa double face de pirouette. Parole: la BCE affirme son intention de lutter contre l’inflation galopante. Acte: la BCE garde ses taux inchangés. Cependant Le marché s’attend à plusieurs hausses successives des taux de la BCE en 2022. Pour combattre l’inflation le taux directeur de la BCE doit être à 6% au lieu de 0% à ce jour. C’est encore très loin ! L’inflation dépassera 12% en Zone €uro en 2022 selon le FMI. La BCE doit suivre la hausse des taux de la FED dans les mois à venir. Faute de quoi l’€uro (fondante depuis 2008 passant de 1,6 US$ en 2008 à 1,05 US$ à ce jour) risque de tomber sous la barre de 1,0 US$ et de devenir une monnaie de singes, abandonnée par les banques centrales du monde comme la seconde monnaie de réserves.!
powell is a muppet..governments and the fed are to blame…they needed a cover to print stupid amounts of money and they got it in the form of covid…destroying currencies around the world and making us all worse off while saying they are helping us…what a joke these financial leaders are
Bulll
so why did the stock market jump afte the hike???? makes no sense. Newie here fyi.
Everyone always have all the answers. When they’re not the one making the tough decisions.
very true
The increase in M2 money supply is a result of monetary action or stimulus checks written by the Government? Stimulus checks are written from the TGA (Treasury). So has the Fed contributed to increase in money supply or the govt. of USA? Fed’s program merely increases the reserve with banks so that they can lend. But are banks really lending way higher than what they were lending previously? I don’t think so. Finally, the supply side is exaggerating the inflation. The semicon chips which are usually priced for 2-3$ are getting bought by procurement at tech companies for USD 1500+. The trucking and shipping industry is severely affecting the supply side which in turn is pushing up costs. Once the supply situation improves expect prices to fall. Once this happens, FED will begin to cut rates again to stimulate the economy/demand. That is when I am expecting a big rally in the stock markets as well.
largest hike since 2000.
Under full employment, to tame inflation (0%) and in a stable economic environment, the short term interest rate needs to at least match the inflation rate; otherwise an inflation spiral is the result. Stable economic environment meaning: there is no underlying need to increase the money supply due to populationgrowth or supply demand needs.
He was deliberately tooooo late!