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re: US CPI data release today

Posted on 2/16/23 at 9:02 am to
Posted by go ta hell ole miss
Member since Jan 2007
13666 posts
Posted on 2/16/23 at 9:02 am to
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.
Posted by Hussss
Living the Dream
Member since Oct 2016
6745 posts
Posted on 2/16/23 at 9:06 am to
quote:

You are kidding yourself if you really believe that garbage you just typed.


Oh yeah?

How about I lay it out for you in simple layman’s terms: EVERYONE is turning on the Fed. Even Steve LIESman on CNBC.

Here’s the deal: the Fed is going to be the fall guy for the complete shitstorm en route.

Your new master(s) will be the World Bank, IMF, UN and WEF.

Full stop.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11229 posts
Posted on 2/22/23 at 12:34 pm to
quote:

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


You should re-evaluate this opinion because you're projecting extremely hard. What does the Fed react to?

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