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re: US CPI data release today
Posted on 2/15/23 at 9:02 am to go ta hell ole miss
Posted on 2/15/23 at 9:02 am to go ta hell ole miss
quote:
They are so scared to hurt the stock market they are missing the major current issue
The Fed only cares about the money center banks and the bond market.
That’s it.
Posted on 2/16/23 at 9:02 am to Hussss
quote:
The Fed only cares about the money center banks and the bond market. That’s it.
You are kidding yourself if you really believe that garbage you just typed. No fed wants to be the one that has the market tank on their watch.. If that is true, though, then this fed is failing miserably. Inflation is still coming in hotter than expected with all the data we have seen this week, yet the fed decided it was time to state pulling back on cuts. This administration spends and gives entitlements at a rate never seen before and this fed unwilling to do what is necessary to get inflation under control in these circumstances. Price volatility is crippling business right now and causing everyone to tighten (cut spending on future projects and layoffs). We should be coming out of this mess right now (or never been in it to begin with), but all data seems to suggest we are still firmly entrenched in an inflation uptick.
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