NICE RATE HIKES FAGGOT, THAT REALLY CURBED INFLATION HUH BITCH?!?!?
NICE RATE HIKES FAGGOT, THAT REALLY CURBED INFLATION HUH BITCH?!?!?
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Inflation will be around for another 2 years lol
It could've been 12% instead of just 9.1%. apologize, chud.
They're about to hike by a full point.
Try 2 decades at this rate. And anyway, we target like 2% inflation every year, so really it’ll be here for good as long as we have a fiat monetary system.
only a recession will save us.
nah
We’re fucked
18 months of inflation and fund rates are at 1.5%
Kekekekke
Such a cunted and punted Fed chair
This is/was the biggest crime ever perpetuated on humanity. These psychopaths all deserve to burn in Hell for whst they've done.
JPow only raised rates to kill the average portfolio. Only supply chain and labor improving can fix inflation, not making sure our stocks go down another 50%
The rate hikes will continue until inflation is contained
lmao valuations are still fucking insane, and just wait for that earning compression, you ain't seen nothing yet kek
>2 years of QE
>people expect rate hikes to immediately crash it all
Oil is already down 25%, all the other commodities are down big as well. All they have to do is continue their bond & MBS sales and it'll keep going down.
I'll say it again you don't need to wait a month for the government to give you the number. Just watch commodities & oil prices and you can predict the next CPI. August will be negative.
8% inflation in july or august doesn't mean that the FED is gonna cut rates or restart QE, or that europe is gonna unfuck itself with the russian clusterfuck, so risk on assets are still off the table imo
The stock market can still recover during QT. They don't have to start QE they just have to stop raising rates 75 bps every month. They may well continue and do another 75 hike at the end of the month, but it would be a mistake as oil supply issues are political in nature. home supply is already skyrocketing. Banks tried to raise mortgage rates infinitely and the market wouldn't accept it.
It wasn't just 2 years of QE. It was more like 12.
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now you know
>imagine how much worse it’d be if I wasn’t vaccinated!
You guys wait, 1 BP incoming. He must now show his cock. He was hoping this day wouldn't come, preying that he would not have to resort to such extreme measures, but now its out of his hands. His cock that is. Because its flopped on the fucking table. His cock I mean.
Anyway, 1 BP incoming.