#fed #federalreserve #inflation
Stifel Chief Economist Lindsey Piegza joins Yahoo Finance Live Akiko Fujita and Brian Cheung to discuss market expectations ahead of the Fed’s FOMC meeting, inflation, and recessionary risks.
Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes
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President Biden says U.S. is prepared to militarily defend Taiwan
I have bought $SKYH
Inflation is from lack of supply not over spending a rate hike is just welfare for the banks
Inflation is from usury, debt and greed.
Thank you! That’s the way I see it as well.
It’s about printing too much money think the stimulus checks
You forgot the other part of the equation. Inflation happens when more dollars are chasing the same or fewer amount of goods.
No Fed interest rates change in June or July
You are wrong
@Doug Characky is not making any different with 9% inflation interest rates
Didn’t that already happen? Wasn’t mortgage interest rates at 3% in March and April. It’s a hellavu lot more than he is stating as frightening.
100 basis points should be the minimum! Crypto is a direct threat to the dollar.
Explain please.
Hope 125 basis point later today, and Crypto collapse another 70-80%
Crypto is not a threat to the dollar. It’s proven to be nothing but a casino.
Biden can reverse this right now if he stops killing the fossil fuel industry opens up the keystone pipeline and promises the industry he will not restrict production of oil any further Just on speculation alone the prices would reduce overnight
The last time rates approached 2%, the markets lurched down hard…we’ll officially be at 1.5% very soon lol.
I believe is number 3 of the 15 increases due to hit the economy.
Another waffle head, we’re already in a recession.
The real question is if we can avoid a depression because we’re headed for it FAST.
We can, but will we? Depends on the leadership. What triggered this crisis was the Russian sanctions. We need another source of oil to fix this
@Mama Moosa We we not getting much oil from Russia. Senile Biden is lost.
@eric kanter Venezuela maybe
They won’t do 0,75 because that will liquidate too many companies
The just did it🤷♀️
They just did it
They just did
Good now the rich has to buy bitcoin and we can lift to higher levels
they just did it
IT HAS BEEN A NUMBERS GAME SINCE THE CENTRAL BANK/FEDERAL RESERVE FOOLED CONGRESS IN 1913 ANT CREATED “THE FEDERAL RESERVE ACT OF 1913” THE AMERICAN PEOPLE AS BEEN DECEIVED AND FOOLED SINCE THEN.
JAMP/ECONOMIST/MATHEMATICIAN.
I like how Linzy conveniently labels this inflation as a supply side issue when the Fed has put trillions of dollars into the market for the last 2 years during the pandemic.
That was exactly my comment. Seems as if she has been drinking the propaganda coolaid the administration has been serving up.
That moment you realize an average joe probably has a better grasp on inflation and economic forces than the Fed.
The moment you realize nobody can see into the future but anybody can bitch about somebody else
The moment you realise that the fed etc all know exactly what they are doing and it is deliberate,
They want us all to be poor and get out to work our backsides off.
@nigelsheffield The moment you realize that the fed etc if they wanted it, you would be poor and jobless already.
@Forced breathing is tyranny u dont have to take it personally lmao
I thought Brandon has everything under control? He said at the White House we are not in a recession, lol. He is right…………….we are in a stagflation and then to a depression.
yo
Yup…Biden pushed for 0% rates for 4 years, started a trade war and then watched as the oil industry collapsed. Yup….that was 100% Biden and not anyone else.
Risk??? Are already in a recession! Duhhh
The Fed has been far behind the curve for a long time and are is desperate mode.
This female telling half truth but mostly saying very little. The western dissemination of news!
This is out of mind. This inflation is Covid driven. Raising the interest rate will not solve any problem. It will create even more problems.
You mean supply side constraint like reducing interest rates to 0, allowing hedge funds and 2nd and 3rd homeowners to suck up all the housing as investment vehicles and driving prices out of reach for the middle class? Or the cost of wages to going up, contributing to inflation, by making employers compete for workers who are getting almost as much not working at all? Or, having an administration who spent the last two years discouraging anything related to fossil fuels? It is not all the FED, but also a Congress (both Republican and Democrat), and an executive branch that contributed to this mess. Decades in the future, this time will be seen as one of the greatest series of mistakes in history?
We are going into a recession period it’s better to be faster. She is advocating a slow rug…
They should just RIP the band aid off for a fast crash and only then can the recovery start.
But they wont because national debt
Of course it does but only because US’s debt is over $30 Trillion. If it was 1 or 2 Trillion than even %10 Interest rate would not hurt economy that bad.
We in a recession but in 6 months from now it will be super noticeable. My wife stop buying Starbucks and that’s a big indicator for me that we entered recession territory
😂😂
That is indeed a great indicator 👍 😂
Apparently sales of man’s underwear is also pretty accurate indicator in coming recession
This chairman is a crook and doesn’t care about the average Joe who needs a dependable vehicle to get to work or the average home buyer who is getting over bid by real estate investment firms paying cash for as many homes as possible. Let’s not mention those who have variable rate mortgages who will find themselves losing their homes. The rental market has gone insane and our growing homeless crisis is only going to get worse if these markets aren’t reigned in. It isn’t the average consumer that’s the problem here. It’s big Corporations raking in record profits and raising prices to consumers at the same time. Stop the price gouging! Windfall tax, end stock buy backs and make the mega rich pay their fair share of taxes.
LMAO 🤣🤣She is an expert?? 🤔🤔
Market going down
Put us in a recession Papa
That is the ONLY SOLUTION. CORRUPT POWELL will not learn from Genius VOLCKER! Of course the first corrupt to his bone the other is COMPETENT, PROFESSIONAL and PATRIOTIC!
Everyone always cheers on a hawkish fed until they themselves get fired.
but…but… Inflation is transitory.
I started bringing my lunch too work…..proof of recession!
Supply side needs increase in productivity. Increase in productivity will help control inflation, too.
NOTE: if you are an “investor” in crypto, I’ve got a large block of Evergrande apartment buildings in China I’d like to interest you in !!!
Calling yourself an “investor” in the crypto market, is like wearing a scarlet letter “C” sweater, a dunce cap, and size 24 double wide clown shoes simultaneously. INSATIABLE GREED TURNS ONCE COMMON SENSE PEOPLE INTO RAGING LUNATIC IDIOTS !!!
I do not know what planet this so called analysts is living. She is grasping at straws . The hard statistics such food and energy is horror show. You have to eat and use your car for work. You do not need to by expensive toys Inflation and gasoline continue to spiral out of control
She is TALKING HEAD or an INTEREST GROUP. OUR FAKE ECONOMY is addicted to FREE MONEY and FED Propping UP!
the whole world economy depends on the decision of a few people is f**ed up
Update the federal reserve just raised it by .75 .
Yeah, the economists was wrong. What a surprise 🙄
Fed is a joke. They are trailing inflation. If they are serious about fighting the inflation, rate should be at least 10% by now.
Drastically reduced the usage of Sugar !!
Stopped buying toys (worth <$20 too) to by daughter!! Dropped the idea of buying a bike of $98 to my daughter!! And yet Biden says the conditions of economy of the USA is in good shape
Do like Trump did give every working American $1400.
printing money is the entire reason we are here….
Bring on the rate hikes. I wanna embrace Armageddon already.
I was told by Joe Biden that this is the best economy we’ve seen in 80 years lmao
He does say that ! Truly delusional
BUILD BACK BETTER HAHAHAHAHAH
0.75% is a pee in the OCEAN and will do NOTHING. Any thing SHORT of a SHOCK to cause RECESSION is a joke and will not REVERSE the MONSTER INFLATION that the FED and BIDEN admin created by PRINTING MONEY! Even One recession is NOT ENOUGH at this point! Back to back 2-3 recession is LONG OVERDUE.
oops, predicting the future is tough business
This is mass market manipulation 101. The so called rich stay rich by handicapping everyone else by whatever means necessary. These are the excuse makers covering for their pit lords. WAFJ
The feds chose a controlled crash of the economy, rather than sending it off, a unfinished bridge ! If Joe would have done nothing” since Election Day, we would be better off !
What effects this decision has on stocks? Is this good news for banks?
For the thousandth millionth time of the gods, fed funds rate is not the interest rate.
Interest group are called ” EXPERTS, ECONOMISTS, FINANCIAL ANALYSTS …..instead of their TRUE NAMES.” Did she go to SOFT BREXIT SCHOOL in UK. STUPID!
The ONLY SOLUTION to Reverse this MONSTER INFLATION CAUSED by reckless PRINTING and SPENDING is back to back RECESSION! Let alone 0.75% pee in the ocean, ONE RECESSION is not going to solve anything!
ADMINISTRATION OF DUMB AND DUMBER strikes again.
End the Fed!- Ron Paul, 1976
I guess this woman didn’t know what she was talking about. If she is in charge of your money get it away from her. She stupid or propaganda.
The US Fed can’t save anyone because it created this INFLATIONARY BLACK HOLE by printing TRILLIONS UPON TRILLIONS of fiat $ currency which can only be tamed by hiking interest rates to DOUBLE DIGITS. If no meaningful action is taken the cost of living will keep up going higher and higher EVERY YEAR.
True speculation is betting that Yahoo will be around in 5 years
This didn’t age well 🙄
When everything is sky high Thru the roof what do u expect 😂 may the truth always prevail
The adjustment is lower than real inflation 💩🥲
Young dudes and gals have no idea about interest rates. They have been living with unrealistically low interest rates for so long, now which in itself is really unhealthy for the economy, that they cannot cope with small increases. 0.75% is nothing. Absolutely nothing! When I was growing up, under Thatcher, interest rates touched 15%! Get real, get over it, and grow up!
So why the rally today and why is futures up I’m confused I was waiting for a 3,000 point drop
The large investors see this as a sign that companies will lay off employees thus improving the bottom line.
@Douglas Smiley pretty depressing 😕
I’m surprised to see almost all comments below agree that this lady doesn’t have a clue of what she’s talking about which is the reason why she’s an bank financial analyst and a guest on yahoo finance
Give Ukraine Billions instead of fighting Russia directly was bull 💩 and only dragging a War with Russia out only to cost Americans way more now still having to go fight directly .Fed wants to raise rates tell American people their headed for a recession and rate hikes that were not necessary .Big problem for America ! Government !
I don’t know why they waited so long stressful way to operate…
She will never be invited back.
Wow she was wrong.
Does anyone wants to finance a home for over 7% interest on a home which is at its peek? Buyers will be paying high interest & also highest home value.
The economy will go in a D…Depression. Biden and his clonies have no cllue. All the rate increases do nothing as long as he’s giving away money to the illegals and world. He even gave eqipment and money to the Taliban via Afganistan. And the billions he will give to China via Taiwan is mind-boggling. He is an agent of both Taiwan and Russia. They always spin what they blame on Trump and are guilty of. Americans are not the smartest, they actually sacrifice their own children for Biden.
50 World Banking
S&P
Today
Senate is clearly trying to blame Putin for energy crisis and trying to get Powell to say that….. he refused to say that.
The COLLAPSE OF THE US ECONOMY IS COMING. WATCH THE SOUTHERN BORDER AND US DIESEL FUEL LEVELS.
Uh huh…