Rate cuts only in the event of recession. But job numbers are still growing with labour demand still robust, what is the chance of a recession ( and rate cut). In anycase, inflation arising from recurring money print may be far more sticky than what a couple of quarters may address....
He never said he is lowering rates. Reporters asked is it being discussed and of course he will say yes . I'm sure the members of the Federal Reserve discuss all scenarios. Powell kept on his same 2% goal. He hasn't budged an inch. Rates will go up .25 basis points before they go down.
Ur not going to see % 2 inflation until you raise them rates Powell. Us retired can’t continue to see our retirement continue to erode away, don’t be afraid of wall street it will recover also.
With inflation still affected by international supply chain issues, you should expect that if the real problems were addressed, that prices would fall - not just stop rising.
The supply chain issues have eased back to normal for the most part, and your right prices should have fallen if that were the true reason we had inflation like biden was trying to tell us, but here we are... It's just funny when biden tells us inflation is going down (obviously it's not going down, the rate of increase is) and the only reason prices haven't fallen is because companies are price gouging us. What a joke!
@@ShannonBarber78 real price levels have constant downward pressure due to technology. In this case, solving supply chain issues can be thought of as technological improvement, as it increases productivity. A salary might not go down but labor utilization can increase, people can be fired, wages can stop increasing, overtime can be denied, and real wages can rise. There's no reason to codify the inflation caused by supply chain issues.
Wall street journal articles are always excellent and worth reading and listening . But exposure of WSJ is very low especially in u tube . Secondly a competitive datas of india , srilanka and bengladesh is not much briefed up by WSJ. But this is appreciable.
Will the rally we saw in stocks November/December continue January? Both speculative and defensive assets are also on the rise. If yes what assets, instruments might those be? Open to discuss.
Jerome Powell came off as an absolute pushover today. On what basis are fed officials planning on cutting rates. “The lowest possible interest rate” is not a part of their mandate. Rate cuts are a tool meant for abating economic hardship and wasting a few in times of relative stability is reckless. It is unwise to make a habit of testing ZIRP, you’re destined to get more than you bargained for. They aren’t declaring victory they’re snatching defeat from its jaws.
@@ShannonBarber78 I suggest you dust off the finance textbooks because you seem to have a fundamental misunderstanding of the function and role of the federal reserve. Aside from that I will say the following: A brake is most certainly not the only tool they have. We were speeding down the highway, took our foot off the gas, tapped the brakes, and now that the speed limit is in sight, they're planning to step on the gas (lower rates). To keep thing simple, let's say the speed limit is a long term inflation target of 2%. That 2% is supposed to be a long term AVERAGE (with a managed standard deviation), not the no go zone. We haven't seen 2% month over month, let alone year over year, so why are we planning on speeding up and why are you mentioning deflation? This plan to step on the gas is what I find foolish. They don't need to gas, they don't even need to brake, they just need to sit there and we will slow down naturally. Now let's go a little deeper. The speed limit is entirely made up in analogy and reality. Speed limits are consensus numbers that have been put in place with the goal of promoting safe driving and preventing accidents. You can get into an accident going the speed limit, but you're more likely to do so if you going unreasonably faster or slower than it. The increased danger in these cases comes from the fact that you are not following the established consensus rules and ignoring their wisdom. As such, when you get into an accident driving at reckless speeds, you bear additional blame for the accident as you weren't following the rules of the road. The fed's role is to set a safe speed for the car, knowing that sometimes you have to speed up and sometimes you have to slow down to avoid an accident. Having an imperfect speedometer is not an excuse for driving recklessly. As I explained, the speed limit is just a number for promoting safety and if you're driving like a maniac your faulty speedometer is completely irrelevant. If you're incapable of measuring the speed limit, you can always go the speed of the road, taking excess caution to play it safe. In 2020 we put our pedal to the metal to avoid an accident and because we were driving downhill, got away safely. We're not always going to be driving downhill. But regardless of gradient, if we have to speed up to avoid an accident, and our pedal doesn't go down any further... BANG! As the scale becomes useless, the fed takes its fingers off and steps aside. Then you'll learn what its like to not have a fed that can step in and you can judge if they really did more harm than good.
We can manipulate the paper work to make it look like there is economic growth. Make no mistake that we do see fuel prices going down and the price of eggs going up! What gives? This deplorable waiting for an answer.
Here in Texas 3 dozen eggs sell for $5.50, basically back to pre pandemic level. Meat prices are down too, Chicken $1.50. Where are you at? Let me guess, San Francisco? 😂
@@xiphoid2011 East Tennessee Mammy and Pappy live in NE Oklahoma and they say groceries are down. These poor people here are being gouged on. And there Ground Chuck is still brown in the middle of the package. Unheard of in SW Kansas, when I was growing up.
Is that all the Federal Reserve has, keeping interest rates high? It would be great if they could come up with a better idea to curb inflation other than raising, lowering, or no change at all on interest rates. It would also be great if they would think outside the box.
Hey, he has done a good job so far. I applaud him. The economy is good, jobs are plentiful, inflation is down a lot, and wages are going up faster than inflation. What more so you want? If he manages to keep it going like this next year, I would give him a medal if I could. 🎉
Yes, that's very close to it. They operate with a handful of macro metrics, which may be disjointed from the reality in the field. For example, if I ate a chicken today, and you ate nothing all day, Fed would conclude that, on average, we each ate half a chicken, and that makes it a good day for both of us.
@@xiphoid2011 The economy isn't good. If you take out the massive spending by the gov't last quarter (funded by debt), the GDP would have been negative.
![Felix "Unfair" | [Stray Kids : SKZ-PLAYER]](http://i.ytimg.com/vi/Oswujxm2Ag0/mqdefault.jpg)
when the future gets here, remember that these were really the good old days
World needs infrastructure projects like Chinese obor and bri, not usa nato war alliance.
Great video
Rate cuts only in the event of recession. But job numbers are still growing with labour demand still robust, what is the chance of a recession ( and rate cut). In anycase, inflation arising from recurring money print may be far more sticky than what a couple of quarters may address....
Asia is not any more a slave of usa nato Europe
He never said he is lowering rates. Reporters asked is it being discussed and of course he will say yes . I'm sure the members of the Federal Reserve discuss all scenarios. Powell kept on his same 2% goal. He hasn't budged an inch. Rates will go up .25 basis points before they go down.
Thank you Jerome making my stocks trade up
House price is not seems to be coming down.
Ur not going to see
% 2 inflation until you raise them rates Powell. Us retired can’t continue to see our retirement continue to erode away, don’t be afraid of wall street it will recover also.
With inflation still affected by international supply chain issues, you should expect that if the real problems were addressed, that prices would fall - not just stop rising.
The supply chain issues have eased back to normal for the most part, and your right prices should have fallen if that were the true reason we had inflation like biden was trying to tell us, but here we are... It's just funny when biden tells us inflation is going down (obviously it's not going down, the rate of increase is) and the only reason prices haven't fallen is because companies are price gouging us. What a joke!
@@ShannonBarber78 real price levels have constant downward pressure due to technology. In this case, solving supply chain issues can be thought of as technological improvement, as it increases productivity. A salary might not go down but labor utilization can increase, people can be fired, wages can stop increasing, overtime can be denied, and real wages can rise. There's no reason to codify the inflation caused by supply chain issues.
Argentina ties with America. Uk and EU will keep policy. I hope that Pound and Euro are going to ease monetary funds.
Good....
Wall street journal articles are always excellent and worth reading and listening . But exposure of WSJ is very low especially in u tube . Secondly a competitive datas of india , srilanka and bengladesh is not much briefed up by WSJ.
But this is appreciable.
Will the rally we saw in stocks November/December continue January? Both speculative and defensive assets are also on the rise. If yes what assets, instruments might those be? Open to discuss.
USA should decrease its defense budget and war hysteria. Usa must come out of wagong wars policy .
Keep blaming Joe and the fed; they are doing well, and you can’t deny that.
its Gomer! Unicorn Fart Dust Distributor!!
घंटी वाजली इंग्लिश नही समजत
😂😂😂😂😂😂
Jerome Powell came off as an absolute pushover today. On what basis are fed officials planning on cutting rates. “The lowest possible interest rate” is not a part of their mandate. Rate cuts are a tool meant for abating economic hardship and wasting a few in times of relative stability is reckless. It is unwise to make a habit of testing ZIRP, you’re destined to get more than you bargained for. They aren’t declaring victory they’re snatching defeat from its jaws.
@@ShannonBarber78 I suggest you dust off the finance textbooks because you seem to have a fundamental misunderstanding of the function and role of the federal reserve. Aside from that I will say the following:
A brake is most certainly not the only tool they have. We were speeding down the highway, took our foot off the gas, tapped the brakes, and now that the speed limit is in sight, they're planning to step on the gas (lower rates). To keep thing simple, let's say the speed limit is a long term inflation target of 2%. That 2% is supposed to be a long term AVERAGE (with a managed standard deviation), not the no go zone. We haven't seen 2% month over month, let alone year over year, so why are we planning on speeding up and why are you mentioning deflation? This plan to step on the gas is what I find foolish. They don't need to gas, they don't even need to brake, they just need to sit there and we will slow down naturally.
Now let's go a little deeper. The speed limit is entirely made up in analogy and reality. Speed limits are consensus numbers that have been put in place with the goal of promoting safe driving and preventing accidents. You can get into an accident going the speed limit, but you're more likely to do so if you going unreasonably faster or slower than it. The increased danger in these cases comes from the fact that you are not following the established consensus rules and ignoring their wisdom. As such, when you get into an accident driving at reckless speeds, you bear additional blame for the accident as you weren't following the rules of the road. The fed's role is to set a safe speed for the car, knowing that sometimes you have to speed up and sometimes you have to slow down to avoid an accident. Having an imperfect speedometer is not an excuse for driving recklessly. As I explained, the speed limit is just a number for promoting safety and if you're driving like a maniac your faulty speedometer is completely irrelevant. If you're incapable of measuring the speed limit, you can always go the speed of the road, taking excess caution to play it safe.
In 2020 we put our pedal to the metal to avoid an accident and because we were driving downhill, got away safely. We're not always going to be driving downhill. But regardless of gradient, if we have to speed up to avoid an accident, and our pedal doesn't go down any further... BANG! As the scale becomes useless, the fed takes its fingers off and steps aside. Then you'll learn what its like to not have a fed that can step in and you can judge if they really did more harm than good.
We can manipulate the paper work to make it look like there is economic growth. Make no mistake that we do see fuel prices going down and the price of eggs going up! What gives? This deplorable waiting for an answer.
Eggs are $1 here like they have been for a long time other than the shortage from the disease a year ago. What are you on about?
@@robertm6612
Good for you slick. Eggs 2.99 a dozen here.
Here in Texas 3 dozen eggs sell for $5.50, basically back to pre pandemic level. Meat prices are down too, Chicken $1.50. Where are you at? Let me guess, San Francisco? 😂
@@xiphoid2011
East Tennessee Mammy and Pappy live in NE Oklahoma and they say groceries are down. These poor people here are being gouged on. And there Ground Chuck is still brown in the middle of the package. Unheard of in SW Kansas, when I was growing up.
I was born in Orangevale California, and left there and the Navy before I was 9 months.
Dont till victory achieves itself by reflection❤❤ thks great job
Is that all the Federal Reserve has, keeping interest rates high? It would be great if they could come up with a better idea to curb inflation other than raising, lowering, or no change at all on interest rates. It would also be great if they would think outside the box.
Hey, he has done a good job so far. I applaud him. The economy is good, jobs are plentiful, inflation is down a lot, and wages are going up faster than inflation. What more so you want? If he manages to keep it going like this next year, I would give him a medal if I could. 🎉
Yes, that's very close to it. They operate with a handful of macro metrics, which may be disjointed from the reality in the field. For example, if I ate a chicken today, and you ate nothing all day, Fed would conclude that, on average, we each ate half a chicken, and that makes it a good day for both of us.
@@xiphoid2011 The economy isn't good. If you take out the massive spending by the gov't last quarter (funded by debt), the GDP would have been negative.
Sorry 😣 I think 🤔 the stock market 📉 is going to crash 💥 🔮😎💅♟️