You guys are alright. Don't go to the stock market today.
CPI 9.1 - 100 but Fed hike now a possibility
Caleb Parker
Lucas Richardson
no way they'll do 100 in one go, they got like 6 meetings left in 2023
aint gonna end up at 6-7% interest rates kek
Nathaniel Gonzalez
Nah, it’ll be another 75 pt hike
John Ross
highest growing inflation in 40 years AND climbing
powell is gonna dump a fat 100 point hike he has no other choice,
Jonathan Sullivan
>AND climbing
No it isn’t retard it peaked in April.
Charles Taylor
Easily. He needs to just cut the shit and jack rates to like 10%. Doing them gradually isn’t going to fix anything. You need to shock the system. Jack rates to 10% and inflation will vaporize. So will the market, economy, and so on, but that has always been the cost.
Kayden Anderson
>zoomers still think this is about inflation
Cute
Samuel Torres
Lmao what? You don't need rates to even come close to inflation. Nor do you want zero inflation. Stop sucking retard cocks and drinking in their stupefying sperm.
Jack Murphy
>raise rates to 10%
>go bankrupt
>pic related
Ethan Anderson
ELI5 what does this mean
Austin Wright
>eli5
Go back
But also that’s the % of the tax base the interest expense is for the US. So we can’t afford high interest rates.
Levi Nelson
Only ones who need artificial inflation (not from savings) is the government to fund their bullshit programs. Everyone else loses because of it.
Jayden Myers
if it peaked in april how come junes number is bigger than aprils?
Luke Watson
Doesn't the new interest rate only apply towards newly issued treasury bonds? It's not retroactive.
Matthew Bailey
It peaked in April. They said so.
Grayson Martin
Jesus fucking christ. No wonder I can't afford anything anymore
Hunter Anderson
Lol people will say June doesn't count because of MUH GAS and July will surely be much lower!
Grayson Scott
Govt debt has low maturity and is constantly rolled over. I should make another chart that accounts for the maturity. Also that chart doesn’t include unfunded liabilities like govt pensions, SS, etc.
Logan Carter
apparently there's second peak that we didn't know
Jordan Foster
Levi Gutierrez
fed looks at core CPI which is down
Carson Barnes
Oh yeah that's a clear downtrend now. I feel much better.
Mason Gomez
Then sell