Fed Holds Rates Steady, Chair Powell Press Conference
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- Опубликовано: 30 янв 2024
- The Federal Reserve held interest rates steady for the fourth straight meeting and signaled its openness to cutting them, though not necessarily right away. In a statement issued after their two-day meeting, Fed officials dropped their previous assertion that a rate hike was possible and instead adopted a more even-handed assessment of the future policy path. The decision to leave the target range for the benchmark federal funds rate unchanged at a 22-year-high of 5.25% to 5.5% was unanimous.
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Someone out there is saying, “rates will be cut this summer, despite Powell saying otherwise.” Why? Because reasons.
Lisa doesn’t know which narrative to repeat. Happy to see Tom Keene back. We need some serious grown ups in the mix.
With nearly half of my stock holdings in a tech stock at an all-time high, I've sold and now have around $400k. Considering potential inflation, should I invest in ETFs or wait for a market correction?
Look up dividend aristocrats. Pick six to ten from that list. Those companies have a track record of 25+ years of paying dividends. Also, its advisable you work with a financial advisor to help set up a well-structured portfolio.
Right, a lot of folks downplay the role of advisors until being burnt by their emotions, no offense. During the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my cash reserve has yielded from $350k to nearly $1m
Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve financial goals.
NICOLE DESIREE SIMON is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals and scheduled a call.
Finally, finally timed something right. Sold most of my positions a few days ago - expecting a 'bit' of a correction in the very near term.
Peeps always wanted to blame but J Powell is an amazing Fed Chair! It’d be a dream working for (and with) him! 😂
"is the market pricing in the "correct" narrative function?" LOLOLOLOLOLOL
Good morning and Happy New year 😢
how will this affect high yield corporate bonds?
Everyone cant wait for Fed to start cutting rate, when that time come, stock market will go to the moon 😂
Good
When the bank old money to a portfolio investment money in different bank account 🙏
Nobody can afford credit without fear if default
Do it just
Why so many backseat drivers? 😂
These banksters that own the private corrupt federal reserve should be in prison
Powell world govrnment foundation the centrol.of the bank powell seat all okok
Why mkt crashed.? It was already known.pwells comments not a surprise
Inflation is illegal
The change of the money of chance of the portfolio investment money 🙏
Why not put it down at 1% like Trump demanded them to do?
Oh yeah, that's disasterous.
Buy the dip. Powell is just joking around.
2025 01
.01
ㅡ 《The centrol of the world bank》 ㅡ
ㅡ《powell work job ok god 100% 보장》ㅡ
We have no economic problems and that’s why we are supporting Israel, giving them unlimited aid.
Jonathon = HYPE🙄
Am I the only one to realize that the two stated goals of the Fed... maximum employment and minimum inflation... are conflicting goals? We have inflation when demand exceeds supply resulting in too much money chasing too few goods and services. We have maximum employment when demand exceeds supply and companies hire everyone they can... and have to pay more to get employees. So, there's an ideal point where we get the maximum employment for the minimum desirable inflation rate.
I think the Fed has been handicapped over the past several years by the tremendous fiscal policies that started during the pandemic and were unnecessarily extended by the unnecessary stimulus, the so-called "Inflation Reduction Act" which was a boondoggle spending bill, and the effective (if presumptively temporarily) elimination of the debt ceiling. While the Fed has been tightening, the Congress has been spending... one foot on the brake by the Fed, one foot on the gas by Congress and the current administration.
If the Fed is serious about controlling inflation, it will not cut interest rates until demand decreases to meet supply. This means the economy will have to slow down. How much is the question; will we have a soft landing or a hard landing? When you look at commercial rental levels, the rising credit card debt, the layoffs by tech companies being announced, the housing market that has decreased activity due to high interest rates... it seems obvious that the economic boom has been built on stimulus and credit, and both of those things are coming to an end. The US has had quite a party on other peoples' money (the T-bill purchasers) and we're going to have quite a hangover. The only question is, when does reality start to bite? Because the Fed will only cut interest rates when it has to because of an economic slowdown that exceeds what is needed to drop inflation to 2%.
In the meantime, prices have risen almost 20% in the past couple of years, and as long as we have inflation, even if it's disinflation, instead of deflation, prices will continue to rise... just not as quickly. IMO that rules out a soft landing, and also rules out an end to inflation. Cutting rates would only restart the inflation fire. So, what will likely happen is that the economy will hit the wall, 2008-style. Then, and only then, will we see an interest rate cut.
do you guys at boofberg understand how much hatred there is for Jpoof and Jpoof deux (YELLin). i dont think yall do
Yes you are right 👍 the chance of a portfolio account ❣️🤔💹🌎