- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Powell: Fed can maintain higher rates for "as long as needed"
Posted on 4/16/24 at 5:05 pm
Posted on 4/16/24 at 5:05 pm
quote:
SUMMARY OF FED CHAIR POWELL'S COMMENTS (4/16/24):
1. Recent data "shows lack of further progress on inflation"
2. Inflation has "introduced new uncertainty" on whether the Fed can cut rates later this year
3. Fed can maintain higher rates for "as long as needed"
4. Recent data has not given greater confidence on inflation
5. Restrictive Fed policy needs more time to work
LINK
Also, the average 30-year fixed mortgage rate jumped to 7.50% today. A new 2024 high!
33
Posted on 4/16/24 at 5:11 pm to stout
They are going to break something. They usually do.
Posted on 4/16/24 at 5:16 pm to stout
quote:
Fed can maintain higher rates
They need to raise the rate, not just maintain it, if they want inflation to come down.
Posted on 4/16/24 at 5:18 pm to stout
But, but, but all the realtors ( mainly male ones) that I know took to face book and said there would be three rate cuts this year. Clowns
Posted on 4/16/24 at 5:21 pm to Triggerr
quote:
But, but, but all the realtors ( mainly male ones) that I know took to face book and said there would be three rate cuts this year. Clowns
Yes I was told the same from some here when I made a thread about Realtor's new favorite saying "Marry the house, date the rate"
Posted on 4/16/24 at 5:22 pm to stout
Good. Hell raise it more, whatever keeps inflation in check
Posted on 4/16/24 at 5:22 pm to stout
quote:
1. Recent data "shows lack of further progress on inflation"
I woulda thought that "inflation reduction act" would have fixed it all.
Posted on 4/16/24 at 5:22 pm to WildTchoupitoulas
quote:
They need to raise the rate, not just maintain it, if they want inflation to come down.
This
Posted on 4/16/24 at 5:24 pm to WildTchoupitoulas
Yep.
Posted on 4/16/24 at 5:35 pm to stout
They should keep the inflation. When a bag of chips is 10 bucks maybe people will lose weight
ETA: and keep high mortgage rates so us cash buyers that don’t DoorDash and lease cars can buy rent houses for cheap
ETA: and keep high mortgage rates so us cash buyers that don’t DoorDash and lease cars can buy rent houses for cheap
This post was edited on 4/16/24 at 5:37 pm
Posted on 4/16/24 at 5:38 pm to stout
quote:
Realtor's new favorite saying "Marry the house, date the rate"
I thought it was “Sleep with the husband, get the listing”.
Posted on 4/16/24 at 5:39 pm to RogerTheShrubber
Yep, the coming recession should cure this inflation.
Posted on 4/16/24 at 5:47 pm to stout
Posted on 4/16/24 at 5:52 pm to stout
Remember when this inflation was “transitory” and the fed buried its head in the sand?
Posted on 4/16/24 at 5:54 pm to stout
they are so fricking stupid, raise rates while at the same time regulating the piss out of fossil fuels, then have the balls to act like they don't understand what the issue is...
Posted on 4/16/24 at 5:55 pm to ninthward
i wish this was feudal England...fill in the blanks
Posted on 4/16/24 at 5:56 pm to stout
Attack on the middle class continues.
Posted on 4/16/24 at 6:05 pm to stout
wait. so inflation wasn’t transitory?
Posted on 4/16/24 at 6:05 pm to SonicAndBareKnuckles
quote:
Remember when this inflation was “transitory” and the fed buried its head in the sand?
What will the new headlines be for this announcement?
Posted on 4/16/24 at 6:12 pm to stout
Yet they can't stop fricking spending money.
More money for Ukraine, more money for Israel, at some point the money flow needs to stop
More money for Ukraine, more money for Israel, at some point the money flow needs to stop
This post was edited on 4/16/24 at 6:15 pm
Page 1 of 6
Popular
Back to top
Follow TigerDroppings for LSU Football News