Fed's Kashkari Says Rate Cut This Year Still Possible
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- Опубліковано 6 тра 2024
- Federal Reserve Bank of Minneapolis President Neel Kashkari says it is too soon to declare inflation progress has stalled and the Fed will do what is necessary to bring inflation down to 2%. He speaks at the Milken Institute Global Conference in Beverly Hills, CA.
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Kashkari: No rate cut this year.
*shows cat*
Kashkaria: Okay maybe one rate cute this year
"There is an infinite amount of cash" guy 😅
Wallstreet Bets sent me here.. something about a mummy
Imhotep
This dude doesn’t understand that structurally, homes are more expensive because replacement rates are permanently higher AND there’s been an under supply of homes for the last decade+. Smashing the middle class isn’t going to solve that without a tremendous amount of unemployment.
Not sure why we pound this supply argument. It’s the same as it was in 2018 and 2019.
@@zwatwashdcthat’s true, if you throw out every fact under the sun.
Particularly the part where we now have 40-50 million millennials entering prime household formation age.
2% inflation, sure... just need to modify that CPI calculation method again
Economic investigator Frank G Melbourne Australia is following this informative content cheers Frank
Good ol’ Imhotep
the Dow posted its longest winning streak of the year, the wish to buy a home survey hit a record low. And making a bad situation worse, apartment renters expect rents to increase by 9.7 percent over the next year… as their earnings can’t even keep up with inflation.
Dangling that carrot to pump the market harder
Fed members need to stop these interviews that move the market...these guys are acting like celebrities doing every interview they can get time for.
or they are just doing their job and informing the public of their management of the monetary policy which is based on the US economy. Their job isn't to increase the price of stocks in the stock market.
Its fun fooling its people 😂
The only accurate data is Kashkari being wrong all the time. He said no rate cuts this year, then flipped to say 1 rate cut.
Kashkari is my favorite FED official
He's a literal WSB meme
haha he's just teasing the debt bums now. keep giving them a lil hope.
😂😂😂😂😂
Why not 1%😏
Global Gold supply increases by 2%.
Other than that I have no idea. Why not 0%?
What Neel said at 3:15 suggests to me that he is reading off a script.
Where is Brendan Fraser when you need him?
Translation: He’s saying America get COOKED 😂🖨️💸💸
BS. No rate cuts.
Yea in Dec if we do. 😂
Keep on hoping~cake by the ocean
since its all data dependent, can it all be programmed and bring in efficiency to the Fed?
Fed will need only 2 employees - 1 human and a dog - a human to feed the dog and a dog to bark at the human when he/she tries to touch the program :)
hey it's your job is an asset guy. if you have 3 jobs, you have 3 assets!
This guy is out of touch. Step down.
Alien 👽
Hyperinflation is coming.