Vice chair and chief investment officer of the Pension and Benefits Plan at Bank of America, Keith Banks, argues inflation is ‘starting to bite’ and explains what actions he believes the Federal Reserve should take to alleviate the price hikes.
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Ok the banks are going to get hit with default loans people are not going to be able to afford the payments (08). There's jobs out there but they want woke people so they use COVID as a cover to their woke ness. Land lord's are buying house's and renting them out car lots are buying all the cars. All because of a little thing called proof of funds. Just talk of minimum wage increase, has made rent go up. Stimulus payments made most everything go up why not you could afford it. Paying at the pump hurts a lot of people but helps out the greedy. You haven't seen nothing yet. We still got harvest coming and it takes 4 gallons per acre to harvest.. grain is one of #1 exports just look at cotton!!!
There's only two things that cost money in this world and that's ownership and labor!
People never know how to avoid making losses while trading, you need to get full understanding and knowledge it is not something you just gamble, Mrs.Alice.consistent and constructive. I am getting the best from it.
I read about a man in his 50s that started investing in stocks and real estate, then retired in 2years with over $6million, that right there is my utmost goal and I'd really appreciate clues and tips on how to reach this goal within 5years
How many are homeless now because of bidden I would like that number mentioned
Democrats refuse to fix our inflation problem witch is energy only republicans want to fix this vote vote vote Republican this November
The Fed is doing absolutely nothing to fight inflation. Yes, they are raising rates but not enough though, and at the same time they are suppressing the bond rates by creating money from nothing which is highly inflationary in itself. So…. they are not telling us the truth again and yet they keep their jobs. Their balance sheet has increased by 30 billion dollars since they said they were going to tighten and that is the balance sheet we are allowed to see. Any wonder no one knows what the hell is going on and if they do…. they are not talking.
Come on Keith, you changed your last name after your last promotion. 😉
Why all these guys smiling
Schwabism at play here.
Banks and their minions are a joke. Listen to what these people are talking about, it is their money that we have put in their institution. We to run on the banks NOW!!!!!
Finally BofA can sell US Trust now!
#45✊
Blame the incompetent democrats and the Do nothing for Americans President we have in office. Time for a red wave come midterms and Im definitely going to do my best to oust all these idiots! What a shame for people who wanted to retire.
What demand? False value frontline. Dependence on single country manufacturing crushing supply. Russia biting commodities while China crushing semi-finished and finished goods.
Hey f google!
That’s rich the most corrupt bank in our country. FOXBusiness should’ve pulled out how many times they’ve been sued. Which I was one of them. I also won my lawsuit
Maybe b of a didn't buy crypto currency , they wouldn't be sniveling, just like the credit union back in the bush Era. If it's not fdic don't put your money there. Oh and if 20 percent interest sounds too good to be true then it's a scam
Can hunter give me some money that he got frome. China. Or the free electric car that he traded for a Porsche
Try it BOA.
Who will pay the 30 trillion dollars in debt the interest, inflation is high can't pay it ,the government will have to make more money
Now Biden will raise taxes on people earning 400,000 a year just making America poor don't understand why America could be taken over by some dictator and we will really be in trouble ,our grandsons and great grandsons they have work to do
Taxing on. Top of Inflationary Effects….
Starting early is the best way of getting ahead to build wealth, investing remains a priority. The stock market has plenty of opportunities to earn a decent payouts, with the right skills and proper understanding of how the market works.
Your incredible generosity and thoughtfulness shone through in their job, this team 👆 are transparent
Your incredible generosity and thoughtfulness shone through in their job, this team 👆 are transparent
Biden and Nancy wrote billion dollar checks,put America under with a pen,and now charge us for what they’ve done.Communism!
When will the big Banks claim too big to fail and ask for a bailout for themselves then use it to buy back stock then withhold loans to smaller businesses?
Buy Bitcoin
The Market has been pretty bad until today it decided to surge. Everybody was Practically Crying then. It kept dipping. That's what you get when you feel you can navigate the process on your own. Big thank to Alexis caballero. I'm not bothered with how bad the Market is because my assests are insured due to her advice and I still receive my profits
In this interview with Mr. Banks and Maria. He has clearly laid what the Fed must do “ break the back of demand”. That means the Fed must target Housing and the stock market is still overvalued, expectations are too high. Great interview.
Banks stop paying fair interest rates on saving deposits fifty years ago.
What about the Ukraine War tax?
THANKS BIDEN
Executive sure aren't experiencing any inflation, f off
But Fox business was crying for A RECESSION!! FOX NEWS HATES AMERICA!!
Oil is below 100 dollars! WINNING
Check out the new Bank of A
Commercial.
On the ladies cell phone screen
It shows her checking her personal
ESG score.