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Say, 'buh buy' to the economy as an issue.


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34 minutes ago, Saylors_Tiny_Willie said:

So this lowers prices incurred due to the inflation we have experienced?   The Fed raised the rate by 4.1% from Jan 2020 to just a few minutes ago.   It was 1.60 percent in Jan.   It was 5.5% yesterday.   Today it is 5%.   So how is that fixing anything?

mspart

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So this lowers prices incurred due to the inflation we have experienced?   The Fed raised the rate by 4.1% from Jan 2020 to just a few minutes ago.   It was 1.60 percent in Jan.   It was 5.5% yesterday.   Today it is 5%.   So how is that fixing anything?

Noting Trump is circling the bowl does not answer the question. 

mspart

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4 hours ago, Saylors_Tiny_Willie said:

If only I had Tiktok videos, I could have convinced you...

Many times u only post links to articles bro lol.   What’s your real main accounts name.  Some inquiring folks want to know. 
 

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32 minutes ago, Scouts Honor said:

economies better?

or did we just get used to paying over $3 for gas

$6 for a dozen eggs

$4 for a gallon of milk

it's so bad, my wife, city girl, has consented to buy farm eggs

Fresh farm eggs are the best.

We used to run 50 chickens.
I still miss those eggs.

She doesn't realize what she's been missing.

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1 hour ago, Scouts Honor said:

economies better?

or did we just get used to paying over $3 for gas

$6 for a dozen eggs

$4 for a gallon of milk

it's so bad, my wife, city girl, has consented to buy farm eggs

ahh ... where do them non farm eggs come from?  🤔

BPE 10/14/24 IWB's SC

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In my opinion, the 50 was a bit much for a number of reasons:

the Fed have the dual mandate of stable prices and full employment.  these are both still within target range.  although unemployment is trending upward, now with U3 at 4.2 in August,  the Fed is trying to get ahead of that.  inflation is not at risk of going far below target.  in the Fed's view, 50 was needed.  i would have started at 25.  

I also think its odd to be more aggressive so close to an election, given how many people conflate the economy with the part of the current president.  

 

I also think the forward guidance was way too dovish.  As if to imply the neutral rate will be back closer to where it had been pre-pandemic.  I don't buy that, barring some miraculous fiscal balancing act

Edited by flyingcement
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