#inflation #youtube #FederalReserve
Yahoo Finance anchors Julie Hyman and Brad Smith spoke with
Rakeen Mabud, Groundwork Collaborative Chief Economist and Managing Director of Policy & Research, Teresa Ghilarducci, The New School for Social Research Professor of Economics & Policy Analysis, and Danielle Twiss, MA Candidate at The New School for Social Research about the Fed’s effectiveness in lowering inflation.
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I’m excited for 2024
It’s price gouging and monopolies taking advantage that hurt our country the most, on top of inflation.
such a low IQ comment cost push inflation, demand pull, demand curves etc go learn something more employment and higher wages are bad in this current economy
2 words .. Fed Now.. that’s why . They are doing this to push Fed Now .. conflict of interest to crash banks and the financial sector so they can push Fed Now for the next stimulus
Price gouging, oligopolies, pharma and insurance, and oil. China and Russia threats and wars.
🤡s
The Fed should raise 50bp tomorrow.
Did you short the market ? 😂
These 3 guests are terrible at economics 😅
Where politics and economics intersect😂
Very much disagree
I think that US should build prisons in China and send police there to enforce our rules there, similar to what some of them are doing here. American citizens have just as much right to enforce their beliefs in China as Chinese people do here.
These woke idiots don’t know what they’ve talking about.
Wow, what a bunch of clowns!!! The only intelligent thing said here was the Fed is looking at Inflation in an obsolete manner!! Always amazed at how these people get their jobs….? Clowns!
How would it work when government spends billions in deficit
Peter Schiff 😂 was right
He’s smart, but he’s a little overboard on his idea that this is the economic cycle that will completely destroy the US dollar, and that gold will be the currency of choice for the world again within 5 years. The way the US is going the dollar will collapse one day, but not within 10 years unless they pull another 2020 and give out 8 trillion dollars more that was created out of thin air to 30 million people just to sit on their asses.
If it’s price gouging, what stopped them from doing it before? What stops them from gouging infinitely?
That woman is an idiot
We should have been above 6% 4 months ago. Homes are 17% more overpriced than 2007 relative to the median US income, and that doesn’t even account for the 40% increase in cost of insurance, utilities, groceries, and new/used vehicles. We’re really a year behind on this. $8 trillion in “free” money has caused the single largest bubble of all time. Anyone who can’t see that just isn’t looking at the numbers, it’s 2nd grade math.
One of the best comments I’ve read on YT b/c you have actual statistics. Asset bubbles are more pronounced than back in 2007. And for some reason so many dumb Americans just keep spending and spending….
@Numbered–Weighed–Divided Well that’s our society now. 75% of people aren’t taught how to save/reinvest their money and don’t have the discipline to say no to impulse buys. Regardless of the state of the economy, 75% of people will spend every dollar they make each paycheck. Super strange and very sad.
@Enthused it’s a pathology which I just cannot understand……
We should have never had fixed rate mortgages below 3% to begin with. That’s what caused this problem. People rushed into the housing market to lock down that rate and that drove up prices. Now we have to sit here and watch the slow crash like we did in the 2006-2012 time period.
The market may come to senses after the Fed hike this week 🙌🏻
We can hope so but I wouldn’t count on it. JPow will fire up his money printer the first chance he gets.
@ISpitHotFiyaa true that, madness all over 😠
Cheap money has been the problem and needs to end.
When have companies ever significantly lowered prices after the fact? Name 1 example.
You ever pump gas before ?
Good points were made by all panelists during the discussion. Instead of repeatedly emphasizing the blunt nature of the “one policy tool” (i.e., interest rate hikes) the Fed has at its disposal, why not advocate a version of the Friedman/Taylor Rule? All discussants on the panel have been well acquainted with the discretion v. monetary rule debate in macroeconomics, and surely our recent disappointing experience with discretionary policy argues in favour of rule based policy as a viable alternative.
Yahoo reporters get schooled a lot of the time
They are not pausing tomorrow.. crashing the economy to push Fed Now for stimulus is too important to their agenda
.I’ve been quite unsure about investing in this current market and at the same time I feel it’s the best time to get started on the market. i was at a seminar and the host spoke about making over $972,000 within 3 Months with a capital of $200,000.🚀🚀
@Peach Chie Please do you mind sharing any means of reaching out to him easily? I’m really interested
@Jane Foster @stevekorduckia
thats 👆👆 his user>name
@Jane Foster I have made over 1.5 million dollars working with him, withdraw my profit right before the correction and now I’m buying again
@Peach Chie It’s remarkable to have faith in someone who can consistently deliver profits under any circumstances, and they never disappoint. I trust STEVE A KORDUCKI implicitly, and since trading with him, it’s been nothing but victories.
Not working and killing the American people. We’re going to be homeless!!!!
Corporate profiteering!!!!
Wages might be slightly above pre-pandemic, but inflation has risen MUCH higher than wages. Inflation needs to come down… or even deflation! I will take deflation over this inflation nonsense!
Supply side (profit based) price increases have contributed to inflation more than consumer demand
I guess by their logic, the poor masses need to eat less and wear old clothes, maybe just ride bikes so the the price of oil is cheaper for the private jets of all the ceos that run our countries.
HIJING RATE WAS TOTALLY WRONG CONCEPT TO BRING INFLATION DOWN…WAGES GOING UP…….PRICES OF PRODUCTS ARE SKY ROCKETING……PURPOSE IS GETTINGG DEFEATED …..
As a manufacturer, I plan for 6% at the end of the summer and 8% next year…
Also the market is not the economy……….
if you believe the unemployment rate is 3.7% and the job report is accurate , you are either a fool or an extremist Biden supporter ! a lot of people work more than two jobs and some cant even find a job ! to fabricate job data for election purpose is a treason and federal crime but the US became like a third world country where no one care about transparency anymore
Excellent insights from your three guests.
Too many women on the debate. This is by design. They are all wrong.
Can’t solve supply chain and labor shortages by firing workers who already barely spend on anything as it is. You’re probably gonna force them to move out of your countries and make labor shortages worse. Raising rates for this inflation era is like using a sledge hammer to crack an egg.
Oh great a conversation amongst people who don’t understand economics, great, total waste of my time.
They knew it wasn’t going to work.
What is not working? Inflation is down from almost 10% to 4% so something is working.