Fed Sees Inflation Ending This Year at 2.6% - DiMartino Booth with Charles Payne of FBN
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- Опубліковано 11 чер 2024
- Fed Sees Inflation Ending This Year at 2.6% - DiMartino Booth with Charles Payne of FBN
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What happened to 7 rate cuts this year? 🤡🤡🤡
😂
They were auctioned off, a cab driver in NYC got them.
That was also transitory.
Can someone please read the FRED report regarding the 4-year inflation rate at 21%? The year over year number is 3.4% today, but the four-year inflation is out of control and caused by joe, the big guy policy.
The BLS will deliver whatever numbers they're asked to.
Its should be actually renamed to BS...
What 2,6% where in Hollywood??it doesn't say that when i go for food shopping 😮
I see inflation at 26%.
Yes, they misplaced the decimal
On things I purchase many have risen at least 10 % while many others at about or near 30 %. OUCH !
So do I.
My home insurance and property taxes both were raised over 10%. Is that figured into inflation?
Nothing you normally pay for is calculated into inflation. The pick obscure objects the general public rarely looks at little lone buys to calculate inflation
Rates should
NEVER be below 5% and usually closer to 10%.
If the U.S. doesn't want a gold standard, they HAVE TO keep rates up.... indefinitely.
And national debt keep going further into debt 😂
I don't know what the FED thinking is, but for once, they are doing the right thing. Prices are way too high and the only way to bring them back down is another 2008 style recession. Sure it was tough, but we all lived through it. But recessions only last months, but the boom after lasts a decade. Let's get it over with so we can all enjoy another decade of prosperity.
LOL
Prices are still up year over year. Prices aren’t going down and a recession can’t happen. Inflation is only designed to go up.
@ryaj2356
Were you around in 08? Inflation hit 5.6% in 2008, but in 2009, prices crashed. And here's a news flash, we are already in recession. Danielle is absolutely right about the timing. Sure, the recession is almost imperceptible right now, just like it was in June 2008. But the second half of this year will reveal the full extent of the recessionary effects, including millions of layoffs. But the good news is that recessions only last months, but the recovery lasts a decade. After 2008, rents crashed 50% in Northern California and house prices crashed 70%. How do I know this? Because I bought three of them, after getting laid off twice!!!
@@peterquin1443 we are in a new world now than we were. Obama printed his way out. We can’t spend our way out with getting more inflation.
No way. Inflation is still going up. They need to raise rates. It will break the system though. So what they will do is make the public think that inflation is close to 2% and then just cut, which will bring about hyper inflation. Either way, the system will be broken.
Especially if they control the numbers that say what inflation is 😂
"Services spending has taken a hit"... Isn't the bulk of the current inflation primarily coming from services? If people are spending less on services shouldn't this help bring inflation down? Sounds like the Fed is doing their job if u ask me.
As long as the Fed is fighting inflation, the FOMC should cease talking about rate cuts. Moreover, the Fed should leave dot plots to the nation’s kindergarteners.
Prices are not coming down. These are the new prices. Unless we have a bad recession and that won’t be good either.
We are currently in a depression. The recession was in 2022.
SAVE..... YOUR..... MONEY.... kids. When the market tanks, BUY BUY BUY !
Yeah don’t take a chance in trying to time the market unless you are a 1% market maker
Gold and silver is money. Your dollars are being inflated away. Gold and silver hold purchasing power.
And the month after revised up, and the month after revise up. Repeat the following quarter. My food bill is still up 33%...Oh thats not core..Or won't be included, Or, Or, Or...
Two astute ladies and the FOMC. I vote for the ladies unencumbered by "external influences". Best point was "dissension" and "3 to 1".
Liars.
Thank you, keep working.
They are beyond deceitful, more like de Sade.
The strong economy keeps on keeping on.
Right up till it's dosent..
Smoke and mirrors
Gaslighting to the max?
No credibility NONE when their lips move.
Who else thinks Danielle looks like Emily compagno today?
Statecraft
They can't rate cut right now. Quantitative Easing increases inflation. Quantitative Tightening stifles growth. The market is at a stalemate.
The whole market is delulu
Inflation is what I say it is!! lol
The "Market" hears what it wants to hear. Be nimble.
She is great , I like ally .
America 🇺🇸 loves 🥰 Hyper Inflation 💸 and will continue to print money 💵 and lower interest rates until the US 🇺🇸 Dollar 💵 collapses ! The American 🇺🇸 Government loves 🥰 Hyper Inflation 💸 so much they want the prices of everything to rise until the US 🇺🇸 Dollar 💵 is worth nothing ! Print ! Print ! Print ! Ha ! Ha ! Ha ! Hilarious 🤣
No recession? :p
So I can expect a bag of chips to be under $10 soon??
Less inflation means the prices go up at a slower rate. They're supposed to keep going up, thats normal.
Existing prices coming down is a different thing, not had by going back to 2%
No!
Oh hell no
Keep buying gold. I’ll stick with the stock market.
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Economic shocks are hard to predict but if we don't have one in the next 3-4 months, people who believed "one rate cut" are likely to be found correct.
We have purposely held down price increases for our customers - all of whom are consumers, not businesses - despite our costs going up.
People don't have any 'dry powder' to tolerate price increases. We noticed that since mid-late last year.
So, if inflation is 'sticky' right now, it's NOT due to consumers. It's more likely to data that is incorrect being supplied to the Fed.
Keeping in mind that consumers - make up the lions share of our economy.
Consumers have been tapped out for a while. The car market! Is in some trouble. We're not involved in that industry but we monitor it, because it is consumer-facing, just like our business. There are lots of signs that the Fed may not be attentive to accurate data.
.
Its not inflation, its politics with "inflation" coating
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Meanwhile our wages have remained flat for three years.
C.P. " Lie"
The Fed sees little inflation and hears little voices
Fake news😂
GORGEOUS DRESS DANIELLE