#FederalReserve #JeromePowell #yahoofinance
This segment originally aired on August 26, 2022.
Yahoo Finance Live’s Brian Cheung breaks down key takeaways from Fed Chair Powell’s Jackson Hole speech.
Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes
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I waited to refinance and now I’m looking at higher rates and payment. I should have refinance last year when comps were higher.
We are in a super crash mode
It’s a super bubble that comes every 100years.
@the stockmarket boy 200 years , my dear sir
Senior citizens leadership should be retired from the position, they both distroy us and word, no 1 biden 2 Powell.
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Well. Hang onto your cash for a bit and wait for the bottom to invest. It’s not often that you get told what the future will be and can also believe it.
Powell puts on the interest rate gauntlet, snaps his fingers, destroys the stock market and the economy.
The housing market will be rebalanced.
Shoutout to Brian for the Kobe reference.
Lol The only thing the FED can do at this point it pull out its biggest tool and bludgeon the economy with it. Because depressions are very deflationary.
🇺🇸SOFTENING LABOR MARKET….. Nice way to say… your F! Sooo very F!
This oke is the idiot who caused inflation
In order to stop 8.5% inflation the Feds would need to raise interest rates to 8.5%. Way Too Much Jaw Boning by the Limp D Mr Transitory.
Paper tiger will have to eventually back his words with ACTION
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Biden and Federal Reserve all ready fuc*** economy, no productivity, money printing and sending hand outs.. And send billions of dollars weapons free to other countries.. Very good Biden… Keep it up… Go Biden Go… 😇
“Some pain” yeah right
Crash crash crash!
The FED isn’t the problem and they can’t deliver. All they can do is to contribute to the illusion of money which is a database issue. However, the lawmakers could theoretically deliver. We need a set of proper inflation reduction acts. The squandering of money, printing money out of thin air is unprecedented. They have weaponized the money market which is unconstitutional to start with. Yes, crowding out and demand destruction are the real problems. There is no demand for looting and misrepresentation on the other hand.
What they are saying. Biden screw up going to make tax payers pay dearly.
What is everyone worried about? Inflation was over 8% in May and it fell to 6.7 in June and 6.0 in July. That’s a 2% decline in 3 months.
Further, go take a look at all commodities. 90% of them fell anywhere from 30 to 50%. oil down from $123 to $95, wheat and oats down about 50%. Those 3 are important for food costs.
It takes 30,60,90 days to get crops from the ground to the shelf so we should see even lower inflation in the next 3 months. We’re getting there.
That he gets “hawkisg” when is going down.
He will cause a crisis worse than 2008.
Good luck.
Powell is totally wrong.
He is breaking economy.
So 75 points raise last since in 1994 and markets took that and guess what – lets make some f…. monaaay. Its really great that those greedy traders, funds etc. screwed us all. FED will have to fight them, not inflation, people, america’s greediest people. So what is the system right now, we guess a raise of what ever points, markets priced it in and Powell doesn’t surprise and said what we expect so no surprise from any side and off to the races. Powell said all this in July but what americans did – GREEDY is my name so we have a pump to such a point that people thought we are back to bull run?!?!?!? Are you serious? For me recession is the solution because nothing else will save us at this point. This rally will cost us months to repair the damage and at that point recession is imminent. I’m guessing that inflation will be back up and maybe even the same as in June to 9.1%. Core inflation stayed the same so that is showing that we’re doing nothing so far. And then we had the greedy hands making greedy choices so here is my guess – Inflation rate 9-9.1%, Core inflation 6.2% and with this data, Powell will raise 100 points or even if the data is not this bad, it will be for sure another 75 points. Its not 25 its not 50.
이쁜 꽃길이 나와요 그쪽으로만 다녀요🎅🐬🤩