Former Fed vice chair: This is ‘very unusual’ for the Fed



Former Federal Reserve vice chairman Alan Blinder weighs in on the Fed’s next moves following the October CPI report and offers insight on the U.S. economic outlook.

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35 comments

  1. Brandon printed out 8 trillion. Thus your money gets diluted its that simple

  2. As long as Brondon keeps doing broke Back Better money give away. The inflation will continue

  3. You tube who ever is screening these comments, needs to post peoples voice. It is not right to pick and choose the comments posted…

  4. Mrs Charlotte is legit and her method works like magic I keep on earning every single week with her new strategy

  5. Thanks to acclaimbanking for the loan services it was really fast

  6. They ought to start thinking about hitting the brakes here soon. Rate hikes are not a good thing

  7. fix the border reinstate the draft

  8. Listen guy, my life’s in really tough shape and it really stinks because I’m a normal, hardworking, smart kid. I’m stuck here due to social elements in society and it’s making me sad all the time. It really stinks cause I don’t deserve it, I’m looking towards you for help in some way. This has really damaged my life and I’d be forever grateful if you could. Thanks, love you guys ✌️❤️

  9. GLOBAL inflation caused by greedy oil, killer Putin & do nothing CONs.

  10. And so is FRAUD… Oh wait fraud is an everyday occurrence through out the American government 🤷🏾🤦🏾🤦🏾🤦🏾💋🇺🇲

  11. Doesn't matter what happened in election. Our country is broke, financially and morally. Countries are dumping treasuries, conducting business in their own currencies, and sick and tired of degenerates in Washington D.C. dictating how they should run their affairs. And last but not least, the never ending warmongering.

  12. Guys the stock market quietly positioned itself beforehand to rally before the CPI numbers (Sept and Oct CPI resulted in huge rallies). There's an indicator that tells you when the markets will rally or crash and how Big Money is positioning. I discuss and prove it. 5-10 mins of your time will financially change your life.

  13. Disinformation, the Feds actions are in line with the only tools available to them. They are raising rates to slow the economy to bring supply and demand back in balance. The inflation is caused by huge spending excesses and supply shortages caused by government interference. It lies squarely on the shoulders of Mr Biden his administration the Democratic party and the globalist elites that support them. It's going to get a lot worse as they use the spending to subjugate the electorate. Let's hope and pray for everyone especially Mr Biden his administration the Democratic party and the globalist elites that support them to see the light and do the right thing for everyone not just themselves.

  14. Time to go back to gold standard End the Fed

  15. 0.75bp씩 5차례 인상안을 지지합니다

  16. TWO dumb guys speaking. When has the FED ever done anything to help inflation or a recession? Never. The three times it did not exist in US history, bad times were fixed faster than any bad times when the FED existed. It's called history. Read it.

  17. If the Saudis go with Brics we are done

  18. Luckily inflation is just transitory, heard it from a reliable source!

  19. I wonder who's pulling the strings.
    This isn't a government of the people this is the so-called Biden machine.
    I want to know who's pulling the puppets strings

  20. Well what if the fiscal tool they use is reducing deficit spending thus reducing the excess supply of money . Stop over spending money that is not from revenue. Increasing production of energy will go a very long way to reduce cost of all goods. M. Friedman covered this in the 1980''s rather well . there are even videos of him covering it.

  21. Time to renounce US citizenship.

  22. He just made an argument for mercantilism, which leads to even more government.

  23. Cheers 🙂🌴🙂🌴🙂🌴 Holiday Time

  24. One side saying it's because of liberals overspending on bridges and such, the other side saying it's supply chain issues caused by the war in Ukraine. Fact is that inflation happens when corporations raise prices. Duh. . Corporations raise prices to maximize profits for their shareholders, because they can. True they have rising costs due to war related supply chain issues, and upward wage pressure cause by labor shortages caused by the anti-immigrant sentiment which has shut down avenues for legal entry into the country; but prices go up faster than costs are multiplied at each level of the supply chain. What good are higher wages with lower bying power?

    Now, we have a Federal Reserve Chairman Powell who is committed to taming inflation by stalling the economy, the logic being that a temporary recession is less painful than a long term inflation. He may be correct; that's what Paul Volker did in the 80s when it was much worse. But we should note that Chairman Powell was first nominated by Trump in 2018 and reappointed by Biden last February. This is not a partisan position. Rising interest rates are not a function of the party in power. Also of note, Europe is facing the same phenomenon, and several European countries are levying excess profits taxes. Given the record profits, aka price gouging just reported by Exxon/Mobile and by Chevron, we should seriously consider doing that here. Recall that when the Republicans took control in 2017 and lowered the corporate tax rate our expectation was that they would close the loopholes. But they didn't, allowing Amazon to earn $10 billion and legally pay zero in taxes. That's got to stop. That should not be partisan."

  25. This October was lower because last October was when it started to spike. Add up 21-22 and it's been locked at 13% since May.

  26. The Fed is too powerful. Let markets choose rates, end pork barrel gov. spending.

  27. Excellent educational video!

  28. CUT GOV SPENDING! Layoff GOV EMPLOYEES ! You don’t raise taxes going into a recession jfc.if the “fed is in the lead” then why are they following the 2yr & ALWAYS wrong?

  29. The thing people don't realize is the Fed really can't do much it's not their fault is the Government's fault the President/Congress. The Executive and Legislature keep passing bills to pay for welfare, social security, etc that paid for by Inflation that's caused by printing money. The Fed listens to what Congress says they don't do stuff independently. The Fed is a magic trick it's there to fool people into believing that they do stuff Independently when they're not. If The Fed raises rates above the current rate of Inflation it will bankrupt and collapse the Govt. The Fed is screwed they can't do much unfortunately.

  30. The fed should be less forthcoming. There are all sorts of problems with moves that are known and rapid. If one knows that rates will rise each month, why would he not often wait months (or weeks) for a planned bond purchase. Yet, he would avoid long bonds because he knows the base value will deteriorate. So this means the short maturity bonds will not have as high a rate as they otherwise might. This situation will also affect equities selected in lieu of bonds. Negatively, sometimes, where they sell items sensitve to rates (cars, homes) or hold flexible debt.

  31. Who's 1st? And I'm pissed. ☠🖤😎
    No pity. No mercy. No sympathy. No forgiveness. No escape. 🦉☠🦉