BidenPresident
Verified User
ignore
3/4 point rate hike
- Thread starter evince
- Start date
ignore
evince
Truthmatters
https://www.cnbc.com/amp/2021/04/28/the-fed-keeps-rates-near-zero-heres-how-you-can-benefit.html
They went that low under trump idiot
They went that low under trump idiot
T. A. Gardner
Serial Thread Killer
So, that's your response after calling for rational debate which I provided. Got anything beyond spittle flinging invective?
evince
Truthmatters
It wasnt rational
I forgot to mention war.
evince
Truthmatters
Link
evince
Truthmatters
The inflation trend is global idiot
PoliTalker
Diversity Makes Greatness
Well they did it.
3/4% rate hike.
It had to be done.
Will a recession follow?
Remains to be seen.
3/4% rate hike.
It had to be done.
Will a recession follow?
Remains to be seen.
inflation by country
some markets are global, but they impact a countries inflation differently.
https://www.multpl.com/inflation/table/by-month
ExpressLane
Verified User
Fed hikes its benchmark interest rate by 0.75 percentage point, the biggest increase
Fed hikes its benchmark interest rate by 0.75 percentage point, the biggest increase since 1994
The Federal Reserve on Wednesday launched its biggest broadside yet against inflation, raising benchmark interest rates three-quarters of a percentage point in a move that equates to the most aggressive hike since 1994.
Ending weeks of speculation, the rate-setting Federal Open Market Committee took the level of its benchmark funds rate to a range of 1.5%-1.75%, the highest since just before the Covid pandemic began in March 2020.
Stocks were volatile after the decision but turned higher as Fed Chairman Jerome Powell spoke in his post-meeting news conference.
“Clearly, today’s 75 basis point increase is an unusually large one, and I do not expect moves of this size to be common,” Powell said. He added, though, that he expects the July meeting to see an increase of 50 or 75 basis points. He said decisions will be made “meeting by meeting” and the Fed will “continue to communicate our intentions as clearly as we can.”
https://www.cnbc.com/2022/06/15/fed...94.html======================================
Good
Fed hikes its benchmark interest rate by 0.75 percentage point, the biggest increase since 1994
The Federal Reserve on Wednesday launched its biggest broadside yet against inflation, raising benchmark interest rates three-quarters of a percentage point in a move that equates to the most aggressive hike since 1994.
Ending weeks of speculation, the rate-setting Federal Open Market Committee took the level of its benchmark funds rate to a range of 1.5%-1.75%, the highest since just before the Covid pandemic began in March 2020.
Stocks were volatile after the decision but turned higher as Fed Chairman Jerome Powell spoke in his post-meeting news conference.
“Clearly, today’s 75 basis point increase is an unusually large one, and I do not expect moves of this size to be common,” Powell said. He added, though, that he expects the July meeting to see an increase of 50 or 75 basis points. He said decisions will be made “meeting by meeting” and the Fed will “continue to communicate our intentions as clearly as we can.”
https://www.cnbc.com/2022/06/15/fed...94.html======================================
Good
evince
Truthmatters
https://www.weforum.org/agenda/2022/05/inflation-rising-economist-explains/
What's the fix?
The best things governments can do, says Donovan, is nothing. "In as much as governments really can't change the oil price, central bankers can't suddenly change the price of wheat and other commodities."
What's the fix?
The best things governments can do, says Donovan, is nothing. "In as much as governments really can't change the oil price, central bankers can't suddenly change the price of wheat and other commodities."
SmarterthanYou
rebel
now that is hilariously ironic, you fucking racist
evince
Truthmatters
In degree they differ by nation
Now admit it’s caused by the pandemic and pent up demand coupled with Putins evil war
Stop asking for idiocy to be done instead of wise policy simply so you can lie for your party’s benefit
Stop putting party over nation