the Fed will speak on Wednesday

[VitaMan]

For those who are interested what the Fed intends to do about inflation, Wednesday is a good time to tune in.

[The_Waco_Kid]

Originally Posted by VitaMan

For those who are interested what the Fed intends to do about inflation, Wednesday is a good time to tune in.

fire joe biden.. ?

[bambino]

Originally Posted by The_Waco_Kid

fire joe biden.. ?

If they were honest.

[H&H]

the only thing I believe is the bubble of bullshit

[dilbert firestorm]

SNORE ZZZZZ

[Levianon17]

Originally Posted by VitaMan

For those who are interested what the Fed intends to do about inflation, Wednesday is a good time to tune in.

What are we suppose to accomplish by "Tuning In"?

[SecretE]

If the Fed isn't willing to raise the lending rate by at least .5%, this skyrocketing inflation is going to continue.

[bb1961]

Didn't the LSM AKA deomocrapic operatives says Americans are spoiled whiners and inflation is a good thing?? YR calls all the posters whiners that take issue with this disaster...he must be reading the talking points...
Another "successful" thread from the OP!!

[Unique_Carpenter]

Originally Posted by SecretE

If the Fed isn't willing to raise the lending rate by at least .5%, this skyrocketing inflation is going to continue.

We have a 3 choice pool going.
Zero, 1/8, 1/4.
Most of the bets are zero and 1/8.
A week before xmas the Fed may be afraid to do anything.
And they've become politicized.
So yes, up it goes.

[VitaMan]

Stock market seemed to enjoy the Fed policy announcement this afternoon.

[Chung Tran]

Originally Posted by SecretE

If the Fed isn't willing to raise the lending rate by at least .5%, this skyrocketing inflation is going to continue.

I disagree, as the Market did when it rallied hard after Powell's announcement of smaller rate increases.

The Bond Market was already telling us inflation had peaked, when it fell to 1.41% on the 10-year, yesterday.

[WTF]

Originally Posted by Unique_Carpenter

We have a 3 choice pool going.
Zero, 1/8, 1/4.
Most of the bets are zero and 1/8.
A week before xmas the Fed may be afraid to do anything.
And they've become politicized.
So yes, up it goes.

Looks like Zero won out!

[Unique_Carpenter]

Yeah,
Even with 6% inflation.
Unbelievable.
More talk of increasing rate of tempering bond purchases.
Geeze just stop bond buying cause that also just adds more fuel to fire.
These are supposed to be top line economists. Clearly politicalized.

New pool is 7 or 8% inflation by end of Jan

[VitaMan]

You have a superior plan ?

[lustylad]

Originally Posted by Unique_Carpenter

Yeah,
Even with 6% inflation.
Unbelievable.
More talk of increasing rate of tapering bond purchases.
Geeze just stop bond buying cause that also just adds more fuel to fire.
These are supposed to be top line economists. Clearly politicalized.

New pool is 7 or 8% inflation by end of Jan

We've already surpassed that inflation run-rate.

In November the CPI was 6.8% higher and the PPI (a harbinger of future CPI changes) was 9.6% higher than year-earlier levels.

You are spot-on about their feckless tapering speed-up. The WSJ put it this way:

"The Fed will speed up its tapering of bond purchases, finishing in March instead of June. This isn’t monetary tightening—it’s merely a faster reduction of extraordinary monetary ease. The central bank’s balance sheet will keep growing for three more months even as inflation is running at nearly 7%. Amazing."

https://www.wsj.com/articles/more-ha...ee-11639608239