February 24, 2023 GMTFILE - Traders on the floor at the New York Stock Exchange watch Federal Reserve Chair Jerome Powell's news conference after the Federal Reserve interest rate announcement in New York, Wednesday, Feb. 1, 2023. Over the past year, the Fed has raised its key short-term rate eight times, causing many kinds of consumer and business loans to become more expensive.
NEW YORK — Can the Federal Reserve keep raising interest rates and defeat the nation’s worst bout of
Corporate 👏🏻 greed 👏🏻 is 👏🏻 causing 👏🏻 inflation
tonetalks How many citizens are now insolvent ?
You can't make an omelot without breaking some eggs.
Apparently not.
federalreserve 7% now! J Pow 💥 💥💥
The Fed hasn't been able to accomplish a soft landing before by raising interest rates... why would it work now?!
Instead of the Fed using a blunt instrument /raising interest rates to drain the public of its savings, how about forcing big biz to lower its absurd profit margins!? Tax windfall profits! POTUS SenSchumer TeamPelosi
If you exclude the brief and weird covid recession, we've had 163 months of expansion since the Great Recession ended in 2009. This is not how capitalism has worked historically.
Duh. Recessions are virtually guaranteed after significant hikes.
You could just acknowledge the truth that POTUS alone has the power to freeze inflation which has been done before. Why he hasn’t? Probably because he needs to ensure he will get lots of donations for his campaign yet almost no one wants him to even run again.
Which leading economists? Seems to be 2 separate trains of thought.
Buy Bitcoin before it's too late.
Interest rates have no correlation to inflation. They are not worried about inflation, they want to break the job market. The problem is that there are nearly 2 million less people in the workforce now than there were 2 years ago.