Federal Reserve Chair Jerome Powell announced interest rates will remain unchanged in a press conference on May 1, 2024. Powell cited plans to hold rates steady as the Federal Open Market Committee (FOMC) sees ‘a lack of further progress on inflation returning to its 2% target.’
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3% is lower than it actually is.
In real terms, it is way higher
At some point soon it is not going to matter what rate the FED thinks it should be or what it sets it to be.
They need to do something to the companies that are overcharging the consumers
Look at the profits margins that companies are making is out of control
That is why they inflation is high
Why did the number increase from last months to now
They are no shortage of material and food then why is that the price increase
Only reason is greed
Congressional Republicans voted against helping consumers. H.R. 7061 is a great example during the 117th Congress
It goes up by 45% and then drops a few points and the dim think that’s good
sour cream went from $0.79 to $2.29. this seems like more than just inflation…
We don’t see the upcoming election? BS!
Me and Jerome Powell used to smoke dope together
What a surprise not a single person here knows what they’re talking about.
The real reason is if we stop spending, we hurt China economy ,,, all political
They won’t stop until unemployment increases. They say it all the time when they complain about “resilient labor markets.”