Chairman of the Federal Reserve Jerome Powell testifies during the Senate's Committee on Banking, Housing, and Urban Affairs hearing examining the quarterly CARES Act report to Congress on September 24, 2020, in Washington, DC.
"Basic economics argues strongly that the U.S. is hobbled by the responsiveness of the supply curve of both products and labor and not from a deficiency in demand," wrote John Ryding, chief economic advisor at Brean Capital. "Monetary policy should be pivoting to address the risk of rising inflation and not be operating in a backward-looking framework.
the fed are crooks...raping mom n pop savings bank holders for 12 years now with near 0 interest and the crooked federal govt charges our kids 7% for student loans.....thats what all should be PROTESTING NON STOP SenSchumer AOC Ilhan marcorubio KamalaHarris
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Dollar little changed as traders seek direction from Fed meetingThe U.S. dollar held steady against major currencies on Monday, after posting its biggest weekly gain in more than a month, as traders closed short positions ahead of a Federal Reserve policy meeting this week.
Source: Reuters - 🏆 2. / 97 Read more »
European markets continue march to record highs as Fed meeting loomsEuropean stocks were fractionally higher to start the week as investors look ahead to the June meeting of the U.S. Federal Reserve. this is terrible news SAC troops in Myanmar believe they should be able to do anything, including using a cane to discipline students? What a bunch of idiots? WhatsHappeningInMyanmar June14Coup EndSexualViolence
Source: CNBC - 🏆 12. / 72 Read more »
Treasury yields rise slightly as investors gear up for Fed meetingTreasury yields climbed slightly higher on Monday morning, with investors gearing up for the Federal Reserve's two-day policy meeting this week. CEO of Strike .jackmallers on CNBC: speaks on El Salvador adopting bitcoin btc cryptotrading The best choice I've made this year was investing in cryptocurrency and forex trading and earning from home. With the help of KevinKatch2 I've been earning ZAR60,353.00k weekly I've never regretted this decision fellow RSA, 🙏🏻
Source: CNBC - 🏆 12. / 72 Read more »
Markets Are Leaving Little Room for the Fed to Be Wrong on InflationThe Fed is probably right that this burst of inflation is transitory. But investors need to pay attention to the risk that it is wrong, too, writes jmackin2 jmackin2 Check coinmarketcap jmackin2 Probably wrong- jmackin2 Usually inflation follows the end of a very long war, i.e.
Source: WSJ - 🏆 98. / 63 Read more »
Stocks wait at record peaks for Fed; oil marches higherGlobal shares held near record highs on Monday while U.S. bond yields flirted with three-month lows as investors expect the Federal Reserve to stick to its dovish mantra later this week. We need to speak up about the volume this morning... Just a normal, everyday run of the mill volume reset during premarket on Webull AMC
Source: Reuters - 🏆 2. / 97 Read more »
Fed Officials Could Pencil In Earlier Rate Increase at MeetingSome Federal Reserve officials could signal this week that they expect to raise interest rates sooner than previously expected following a spate of high inflation readings Let’s go with that - your short hedgie pals will benefit - could u be any more transparent 🤔 Strong Buy $NVAX NVAX novavax reddit wallstreetbets trading WSBgod elonmusk BillGates POTUS BarackObama JoeBiden EmmanuelMacron ABC CNN BBCWorld vonderleyen CNN CBSNews CNBC ecfin reddit redditinvestors Breakingviews CNBCFastMoney business Reuters They print 6 trillion more dollars, then 'factor out' a whole bunch of shit, from the overall resulting inflation, then say inflation 'might be, a little higher, than our target'. No shit Sherlock. Your degree in economics teaches you how to falsify, the figures, to print more.
Source: WSJ - 🏆 98. / 63 Read more »