Breitbart Business Digest: Warren and Powell Fight Over the Real Cause of High Inflation

Senate hearing on monetary policy

This does not quite mean that Fed officials want unemployment to be 4.6 percent. It means they think that is the realistic unemployment rate that will accompany the monetary policy they expect. So, it would be fair to say the Fed looks at theUnemployment Is Likely Going Even Higher Than ThatThe December projections showed that Fed officials also forecast inflation dropping down to 3.1 percent by the end of the year and the federal funds rate rising to around 5.

Will working people be better off if we just walk away from our jobs and inflation remains five, six percent?”

carney Yes, just get the hell out of town. Your interest rate hikes are crushing borrowers!

carney Warren is such a frickin phony!! Probably gearing up for another failed run at being president is my guess!!

carney Working Americans did great when inflation was low. See 2014-2019. Real wages down. Warren should trim fiscal spending by Government. This would help reduce inflation. Now it’s left to Fed to clean up!

carney It was only a matter of time before the administration told Powell to pivot. If he doesn’t, 2 million people are unemployed and it becomes difficult to continue running the money printing presses 24/7. If he does pivot, hyperinflation 🍿🍿

carney Eliminate the Federal Reserve

carney

carney She speaks without thinking..

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Powell: Interest rates are likely to be higher than previously anticipated | CNN BusinessThe Federal Reserve is prepared to increase the pace of its rate hikes if economic data continues to come in hot, Fed Chair Jerome Powell told the Senate Banking Committee on Tuesday as part of his semi-annual testimony. The crash is going to be harder than the great depression.
Bron: CNN - 🏆 4. / 95 Lees verder »

Takeaways from Powell's congressional testimony | CNN BusinessFederal Reserve Chairman Jerome Powell was on Capitol Hill Tuesday for the first part of his two-day semiannual monetary policy testimony before Congress. LETS GO BRANDON It means your apartment living friends are gonna put home ownership on hold. New lending for mom and pop business is dead on the desk. In general, just some lackluster US living.
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LARRY KUDLOW: Powell and Biden are getting ready to slaughter the small business sectorFOX Business host Larry Kudlow explains why President Biden's decision to increase interest rates will have a negative impact on the economy, small businesses and inflation. Free markets were slaughtered in 2008 imo. No thank you Anyone notice that Biden is pushing relentlessly UNIONIZING ? The kickback must be abnormal hugh. That's the only thing that makes sense of stomping out small businesses and GIG workers.
Bron: FoxBusiness - 🏆 458. / 53 Lees verder »