Federal Reserve Chairman Jerome Powell holds a press conference following FOMC meeting. #FOXBusiness
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Government is the problem
New world order and the great reset is responsible for everything
Wish he'd said what was wrong with their previous estimate methods and how to adjust them moving forward. He only said hindsight was better… makes tough to trust his current predictions.
Bunch o' deep state commies.
inflation out of control and the fed rate is now at 0.25-0.5. these people are clueless
They are NOT committed to controlling inflation and helping the people. They are committed to keeping the stock market high and keeping their jobs. PERIOD.
We are going to see much higher levels of inflation than what it currently is – which is currently 15% NOT the 7%-8% what these liars are telling us. They created this problem when they printed free money – enslaving the people for generations to come. SHAME ON YOU Jerome Powell.
If Fed can't predict anything about economy by next year ..how are they so sure about inflation ? They just have "tools" I guess
Fed actions affect everything and everybody. Free and fair markets are such a blind myth. It's funny JP can decide with his cohorts when to help or plunge the markets and Pelosi and other office bearers participate in the markets.
No
Low interest rates drive banking to 100% into stock market for Entity survival .
Canada banking interest rates are 5% yr . USA behind the curve.
Fuel driven inflation? $5.00 gal bites, $7.00 eats, $10.00 gal gluttonous.
Putin fool-scale invasion of market.
This man looks incompetent AF and lacks any sort of confident demeanor whatsoever. All he does is read from a script and repeat the same answers to different questions. He also dodges questions. We'd need a Paul Volcker to tame the inflation we already have, not to mention what is coming in the future. But that would never work today anyway because there is way too much debt. Everyone asking the questions as well as the chairperson himself knows the US economy is completely and utterly screwed no matter what they do. And all this posturing and putting on a show is comedic at best. Get ready for a hyperinflation, dollar destruction and more suffering on the World scene than ever before in history.
Highly uncertain can neither confirm or deny right— simply complicated.
Just got back from talking with VP Harris… A Lot About Nothing certain. We are all idiots find your own way.
AGAIN AS I'VE SAID MANY TIMES THAT OIL PRICE IS GOING UP TO THE LEVEL OF 130$ BB/LS IN 2022 AND IT WILL BE 180$ BB/LS TO 220$ BB/LS IN 2023-2024!!!!!!! AND GOLD PRICE IS LANDING IN 2K$ IN MARCH IT WILL BE IN THE LEVEL OF 3.5K$ IN 2022 AND ULTIMATELY GOLD PRICE WILL BE IN THE RANGE OF 10K$ -15K$!!!!!!!! AGAIN WHAT ELSE CAN YOU HEDGE AGAINST THE MOST SEVERE STAGFLATION, HAS FULLY STARTED IN US ECONOMY IN A FULL SCALE AND THE FED AS WE JUST WATCHED THAT IT CANNOT DO ANYTHING TO QUELL THE STAGFLATION BUT TOLERATE MORE AND MORE SUPER INFLATION COMING!!!!!:)
AGAIN AND AGAIN SELL OFF STOCKS BONDS BITCOIN AND BUY COMMODITIES ESP GOLD + OIL WHICH COVER MORE THAN 90% OF THE ENTIRE COMMODITY MARKET THAT THOSE PRICES HAVE NO OTHER OPTIONS AT ALL BUT GOING UP AND UP!!!!!!!! NOW THE SPREAD BETWEEN US 10YR AT 2.214% VS 5YR AT 2.2181%YIELSD HAS BEEN INVERTED SINCE THE FED HIKED JUST 0.25% RATE!!!!!!!!!!
AGAIN AND AGAIN THE FED HAS TOTALLY LOST ITS CREDIBILITY AND INDEED IT CANNOT DO ANYTHING AGAINST THE STAGFLATION BUT GETTING ENTRENCHED IT IN THE ECONOMY DEEPER AND DEEPER DUE TO EMPLOYMENT RATE$ WITH WAGE GROWTH!!!!!!! MEANS MORE AND MORE AGGREGATE DEMAND IS GOING TO EXPAND FURTHER AND FURTHER IN OTHER WORDS MORE AND MORE +7%- +8% INFLATION GOING ON AND ON INTO 2023-2024!!!!!!!! AGAIN WHAT ELSE CAN YOU HEDGE AGAINST THE HUGE STAGFLATION EXCEPT GOLD + OIL!!!!!:)
AS ALMOST ALL OF MARKET PARTICIPANTS AGREED WITH THAT THE FED HAD BEEN TOOOOOOOOOOOOOOO LATE TO PREVENT THE STAGFLATION AND TODAY THEY CLEARLY SHOWED THAT THE FED CHOSE EMPLOYMENT THROUGH ALLOWING MORE AND MORE INFLATION MEANS THEY GAVE UP PRICE STABILITY GOAL!!!!!!:) INDEED THE US FED CANNOT ACHIEVE THE TWO GOALS AT THE SAME TIME AT THIS POINT MEANS THEY SHOULD ABANDON EITHER EMPLOYMENT OR PRICE STABILITY AND NOW THEY GAVE UP ACHIEVING PRICE STABILITY!!!!!!!!!!!! AGAIN GOLD + OIL HAVE NO OTHER OPTIONS BUT GOING UP AND UP BECAUSE OF INCREASING AGGREGATE DEMAND AGAINST AGGREGATE SUPPLY FURTHER AND FURTHER!!!!!!!!:)
SUCH AN INCOMPETENT MAN!!!!!!!!! US FED HAS LOST ALL OF ITS CREDIBILITY AND WE WILL HAVE MORE AND MORE INFLATION INEVITABLY AGAIN IT'S A HUGE TIME TO BUY GOLD + OIL!!!!!!! WHAT ELSE CAN YOU HEDGE AGAINST THE STAGFLATION FOR MANY YEARS TO COME?!!!!!!!!!!!!!!!!!!!!!!!!
Powell go visit West Virginia Northern Panhandle with your dam chart and tell the people about the job growth.
The Fed will screw us and the country again. Too little too late.
US inflation is at the highest level since Republican Ronald Reagan in 1982. Since 1933, the US economy has grown at an annual average rate of 4.6 percent under Democratic presidents and 2.4 percent under Republicans. GOP tax cuts for the wealthy have never boosted the US economy. Ten of eleven U.S. recessions between 1953 and the present began under Republican presidents.
Establishment disgrace on full display Thank you Brandon