I don't believe the official inflation numbers. This year my rent went up 7%, my health insurance went up 15% and all my other bills went up 10% or more. True inflation is more like 9%. We'd have to have a fed funds rate of 12% to crush inflation. But as long as the government cooks the books we're in trouble. With stock markets and Real estate near all time highs, cutting rates too soon will drive prices higher.
There needs to be 0 cuts this year.
People are still splurging.😂
Real estate and rents are uncontrollable...rich getting richer regardless of intrest rate. It favors richer
How can we cut rates if inflation is still 3%.
Basically “we’re gonna wait and see”
I don't believe the official inflation numbers. This year my rent went up 7%, my health insurance went up 15% and all my other bills went up 10% or more. True inflation is more like 9%. We'd have to have a fed funds rate of 12% to crush inflation. But as long as the government cooks the books we're in trouble. With stock markets and Real estate near all time highs, cutting rates too soon will drive prices higher.
Inflation, Inflation, and more Inflation 🤪
Can't the governments raise taxes on surplus incomes to constrict the money supply the same way the FED uses interest rates to lower money supply?
What is the points?
Best 50 minutes of my life 😅
Cut will not help if it is a requirement to solve current problems.
Gold 👏
I can't afford to eat out. Fine, eating out is a luxury. But now I'm struggling to pay my bills and utility. Inflation is insane
Silver 👏👏
They want price stability while printing $1 trillion every 3 months 😂
How To Say Absolutely Nothing in Government-Speak 101.
Don't cut rates. Need to keep it for a few years. U can't reverse 20 years of cheap money damage in just 2 years of rate hikes.
Bottom Line: Fed needs more confidence etc. Ditto!
Yes!!! My real estate, gold, silver and Bitcoin positions will do nice
Basically, watch and wait… not sure why the markets are going so nuts.