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  • Fed's Powell: With Perfect Hindsight, Would Been Better For Us To Have Raised Rates Sooner

    Fed's Powell: With Perfect Hindsight, Would Been Better For Us To Have Raised Rates Sooner

    — LiveSquawk (@LiveSquawk) May 12, 2022
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  • Post #1
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  • May 12, 2022 4:41pm May 12, 2022 4:41pm
  •  Grenadier
  • | Joined Jan 2020 | Status: Member | 56 Comments
In "perfect hindsight", you'd be still serving fries at McDonald's.
 
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  • Post #2
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  • May 12, 2022 5:30pm May 12, 2022 5:30pm
  •  spzd
  • Joined Dec 2010 | Status: Going to do the prop thing. | 197 Comments
Proves these so called experts don't know thier a** from a hole in the ground. It was quite obvious a year ago that this inflation cycle was going to be large (and still is when you look at the PPI which becomes the CPI).
 
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  • Post #3
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  • May 12, 2022 9:44pm May 12, 2022 9:44pm
  •  Guest
  • | IP XX.X.31.71
What they said
 
 
  • Post #4
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  • May 13, 2022 3:04am May 13, 2022 3:04am
  •  fxjockey
  • | Joined Feb 2014 | Status: Junior Member | 6 Comments
I guess, everyone over here knew this was coming, except the FED, this is almost as close as pre planned inflation. Also support Grenadier's and spzd's comments
 
 
  • Post #5
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  • May 13, 2022 8:33am May 13, 2022 8:33am
  •  gat
  • | Joined Dec 2009 | Status: Member | 957 Comments
So close, only off by a decade.
 
 
  •  Guest
  • | IP XX.XXX.53.185
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    Fed's Powell: Whether we can execute a soft landing or not may actually depend on factors that we...

    From @Financialjuice1|May 12, 2022|1 comment

    tweet at 4:31pm: FED'S POWELL: WHETHER WE CAN EXECUTE A SOFT LANDING OR NOT MAY ACTUALLY DEPEND ON FACTORS THAT WE DON’T CONTROL. tweet at 4:35pm: Fed's Powell: Process Of Getting Inflation Down To Fed's 2% Goal Will 'Include Some Pain' tweet at 4:35pm: Powell repeats 50-bps hikes at next two meeting appropriate - BBG tweet at 4:36pm: FED'S POWELL: ALLOWING HIGH INFLATION WOULD MEAN A MUCH DEEPER DOWNTURN.Fed Chair Jerome Powell: “Whether we can execute a soft landing or not, it may actually depend on factors that we don’t control.” After steering the U.S. central bank through an unprecedented series of challenges from the pandemic, Federal Reserve Chair Jerome Powell and the Federal Open Market Committee face another critical test: controlling the highest inflation in decades without tipping the economy into a recession. Last week, the Fed announced the biggest interest hike in 22 years and plans for reducing the Fed’s nearly $9 trillion balance sheet. “What we can control is demand, we can’t really affect supply with our policies,” Powell told Marketplace host Kai Ryssdal in an interview Thursday. “And supply is a big part of the story here. But more than that, there are huge events, geopolitical events going on around the world, that are going to play a very important role in the economy in the next year or so. So the question whether we can execute a soft landing or not, it may actually depend on factors that we don’t control.”

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    From kyla.substack.com|May 12, 2022

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    Matt Damon Slammed For Crypto Commercial as Market Tanks

    From tmz.com|May 12, 2022

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    SBF takes a 7.6% stake in Robinhood

    From theblockcrypto.com|May 12, 2022

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    Replying to @BillyM2k It has potential as a currency

    From @elonmusk|May 12, 2022

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  • Posted: May 12, 2022 4:38pm
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     Newsstand
    Category: Low Impact Breaking News
    Comments: 5  /  Views: 1,002
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