#fed #fedmeeting #jobsreport #yahoofinance
The June jobs report came in lower than expected, with nonfarm payrolls at 209,000. S&P Global Economist Paul Gruenwald joins Yahoo Finance Live to discuss the report and his expectations for July’s Fed rate hike meeting. Gruenwald expects another rate hike in July and that rate hikes will remain higher for longer.
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Mark my words pepe 2.0 will 20 x this week
Doesn’t matter anymore
lol if fed and powell really wants to beat inflation he needs to go ABOVE inflation rate, that would mean additional 3-4% at this rate it will take 5 years of 0.25% increases hence inflation is here to stay
Who cares? We know where this is going.
Paul analysis seems legit. Makes very much sense
FED will hike until something breaks. Why is this a shock?
No, the “hard landing” scenario is when something breaks like in 2008 and the whole system starts to collapse causing the Fed to aggressively start printing bailout money again which re-plunges us back into an inflation scenario or at best a stagnation scenario. But I guess these people are so desperate to have a “soft landing” that they don’t even want to consider the possibility that a 2008 style mortgage collapse on oh I don’t know, Commercial Mortgages would ever be in the cards.