A majority of Federal Reserve officials warned the central bank would likely need to consider raising interest rates if inflation continued to run persistently above their 2% target, minutes of the April 28-29 Federal Open Market Committee meeting showed. Mike McKee reports.
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If I want to know how the American economy is doing, I just look into Mike McKee’s eyes.
This is a time to be still. Raising rates right now will be devastating. This needs a little more time. Not a time to act out of TDS!
๐คก
The Dems do not care about America or the world. TDS will ruin this country if it doesn’t stop. ๐ข
You mean you have Trump Dckriding Syndrome?
What’s deranged about holding politicians accountable? If a candidate promises to cut gas, food and energy costs if elected and then causes them to increase once elected are you deranged to be a little upset? It seems more deranged to support someone that breaks the majority of their promises, right?
Stocks and Bonds didn’t even budge. Nothing matters.
It’s all about the AI trade right now.. once that cools it will be a shock to everything ..
Let’s hope it somehow holds up longer
Capex spending is literally nothing compared to federal soend๐ ๐ Can you EVER imagine because AI infrastructure capital spending is fundamentally decoupling from traditional macroeconomic metrics like the inflation-to-labor-productivity ratio! Because productivity gains that accrue to capital rather than wages tend to be highly disinflationary,๐ฎ
How about paying down the Trillions of dollars these fedsters are still using for their own benefit
๐ no shit
BAAA HAA HAAA HAA NO RATE HIKE COMING!!!