Federal Reserve Gov. Christopher Waller said Sunday that financial markets seem to have overreacted to the softer-than-expected October consumer price inflation data last week.“The market seems to have gotten way out in front over this one CPI report. Everybody should just take a deep breath, calm down. We’ve got a ways to go ” Waller said.
Waller said it was good there was some evidence that inflation was coming down, but noted that there were other times over the past year where it looked like inflation was turning lower. The Fed is focused on how high rates need to get to bring inflation down, and that will depend solely on inflation, he said.
FED members talking up or down the market all the time. Their mandate is to pursue max. employment and price stability. That´s it. I don´t think 'commenting market prices' is part of their job. Feels like a CEO talking all the time about his/her company´s stock price.
excluding fierce competition for investors who are not included and are not registered in regular registers and which are tax-exempt or unrestricted.
I don't believe inflation will come down for several priorities.. Inflation rate continues to decline slowly especially as finance is in line with the ceiling of the market and the fluctuating prices of 400 basic life items which are subject to control,
Investors only think of stock value in terms of weaker consumer prices, but that doesn't mean a drop in the annual rate of consumer inflation from 1.1 ./. A sufficient indicator because the level will increase by more than 2.2 ./. become from 9.2 ./. At 11.2 over the next decade.
It’s going to take more than just 4 or 5, .75% increases in the interest rate to correct the mistakes of Quantitative Easings and artificially low interest rates of the past 20 years to bail out the banks and prop up government spending. The chickens have come home to roost.
That's right cuz we retail investors ain't going no where🤣🤣🤣
They won’t be happy until you suffer
I wrote about this Friday morning Been trading since 1994
Why is he talking?
Who elected the fed
Correct 💯 I wrote about this Friday morning already