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Bloomberg talking about a "Fed whisper", a Fed leak that is


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#11 brucekeller

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Posted 15 June 2022 - 11:26 AM

why go a full 100 when layoffs are starting, wages are pausing, and factory orders are idling? not to mention building inventories and Shanghai finally opening up.



#12 pdx5

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Posted 15 June 2022 - 12:46 PM

FED was NOT created to manage economy. Their primary function is to defend currency and they earn D- on that issue.
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#13 pdx5

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Posted 15 June 2022 - 12:47 PM

Managing economy is job of elected politicians.
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#14 MDurkin

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Posted 15 June 2022 - 01:03 PM

Managing economy is job of elected politicians.

And their grade is an F...



#15 pdx5

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Posted 15 June 2022 - 01:24 PM

Brucekeller....
Because INFLATION consumers are feeling to buy everyday necessities is close to double digits.
Voters are restive and politicians are scared with elections coming up fast. Pressure on FED from politicians must be yuge.
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#16 pdx5

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Posted 15 June 2022 - 01:44 PM

 

Managing economy is job of elected politicians.

And their grade is an F...

 

Yes, and politicians are lucky there is no grade available below F.


Edited by pdx5, 15 June 2022 - 01:47 PM.

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#17 fib_1618

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Posted 15 June 2022 - 03:35 PM

Managing economy is job of elected politicians.

Not so…as we have learned all too well over the past 3 years, managing the economy is run by those who were never publicly elected and have zero experience in running a business.

 

BTW: politicians are mostly shyster lawyers who couldn’t make it in the private sector.

 

Fib


Edited by fib_1618, 15 June 2022 - 03:37 PM.

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