Although that increase would be smaller than the three-quarter-point hikes announced at the past four Fed meetings, it’s nothing to scoff at. It’s still double the Fed’s customary quarter-point hike, and a sizable increase that will likely cause economic pain for millions of American businesses and households by pushing up the cost of borrowing for homes, cars and other loans.
”We expect Fed Chair Powell will insist on the need to hold policy at a restrictive level for some time to bring inflation down toward the 2% target,” wrote Gregory Daco, chief economist at EY-Parthenon, in a note to clients Monday. “This will serve to push back against current market pricing … Powell will stress that history cautions strongly against prematurely loosening policy.
kalau mereka mau punah biarkan aja....
They’ll pretend it’s all good and you will keep lying for them. As always
It’s so good how Biden is working with them to crash the economy and steal everyone’s 401k money. We must make the leftist elite richer and the people poorer.
Nothing as usual
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Americans expect inflation to ease, Fed survey shows | CNN BusinessAmericans are expecting inflation to improve in the coming months, according to new survey data from the Federal Reserve Bank of New York. Biden RECESSION Oh look a survey conducted in New York 🙄 Hahaha 😝 fakenews
Source: CNN - 🏆 4. / 95 Read more »
What to expect from this week's Fed meeting | CNN BusinessThe Federal Reserve is expected to raise interest rates by half a point at the conclusion of its two-day policy meeting on Wednesday, an indication that the central bank is pulling back on its aggressive stance as signs begin to emerge that inflation may be easing.
Source: CNN - 🏆 4. / 95 Read more »
Squeezed by inflation, families are tightening their holiday budgets | CNN BusinessThe highest inflation since the 1980s is making holiday budgeting a more complex equation for millions of middle-class families. Bull💩💩 This is the year I put my self first, and I am so sorry 😳 💜. I don't think it would be better with someone else as PresidentUSA. He don't run the country alone ! This situation is our own fault... Can you imagine calling yourself a news organization and not covering the Twitter file dumps that prove the Biden admin and the FBI colluded with Twitter execs to silence real news stories they didn’t like. Think about that for a second.
Source: CNN - 🏆 4. / 95 Read more »
UK strikes set to escalate as nurses prepare for 'unprecedented' walkout | CNN BusinessNurses in the United Kingdom have reached breaking point. These are nurses in England. The uk has a devolved health service. Nothing to do with Scotland, not the uk. England 🏴 Whaaaa? You mean socialized health care doesn’t make sense from a financial standpoint? You mean there are real consequences to your illogical decisions? Crazy! Nurses deserve fair pay, but universal healthcare supporters would disagree All by design. Planned 'Hospital in the home' Patients monitored by wearable devices.
Source: cnni - 🏆 326. / 59 Read more »
Watch the top TikTok videos of 2022 | CNN BusinessFrom a defensive toddler to a chocolate giraffe, these are the top TikTok videos of 2022. So I'm clearly not missing much by not being on TikTok. Am I the only one who has never made an tiktok account. P.S. - it's now banned in India. Wow. Much more important than reporting on the TwitterFiles. CNN just being CNN.
Source: cnni - 🏆 326. / 59 Read more »