Goldman Joins 75bps Rate Hike Bandwagon, Warns It Will Trigger Recession

It's not government owned, but it's government controlled. The Senate confirms Fed governors. Whoever has hiring/firing authority over a company's executive team has control of the company, regardless of what the stock certs say. The American people have control of the Fed, via the Senate. This is not my personal view, it's the educated view.

Yes, it's happened. But it was also caught. The Fed is not saints, they're a group of people.

That's quite a logic leap you're making. Just because someone has a vested interest doesn't mean they have a motive. And it especially doesn't mean they have the means. The Fed is structured such that decisions can't be influenced by politics (although I've seen that bend), so there's little chance a couple bad actors can pull off anything noteworthy.

Read some books on Fed history. You'll be glad we're not relying on Pierpont Morgan for bailouts.

Because of the business cycle observed since the 19th century?

The same meme posted

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The problem with the Federal Reserve is that the Fed is a privately held corporation.

The employees at the Fed are allowed to invest in the markets instead of putting their investments into a blind trust.

This means the employees at the Federal Reserve have a vested interest into manipulating the markets.

Fed gone wild!

My heart and best wishes go out to the billions of people who will have to literally fight for their lives these coming months/years.

Not because of the pandemic.
Not because of the war.
Not because of "the evil Chinese".

Purely because the FED is in the pocket of the few.

Many will struggle, but will struggle from the comfort of own lovely home, driving my nice car, and having our modern public healthcare available to us should we need it, so our struggle is soon to feel like pipe dreams to the majority of this beautiful planet's population

Fed does not want a recession as they then would need enlarge balance sheet again.
PPI print today will be horrendous, so the only thing that can give Fed the Time to be patient will be Wed. Retail sales.
Market already is fully invested into the must stop inflation narrative, however weak retail sales would trigger a strong reverse in that position. There still is a real economy and it is not all under the control of FOMC debt machine.

add: just take a look at small business expectations survey currently main page of FF. This is a good snapshot of what is happening across America at grassroots level. Weakness is getting serious. 48 year low.

I hope not
We volatility junkies might not survive

They could raise it 1% and inflation will still be outpacing them