Fed's Mester: We are starting to see inflation move down again after stalling

Discussion in 'Economics' started by Nighthawk, Jun 14, 2024.

    • You can see our policy affect the economy, cited housing, growth and labor market
    • The question is whether it's sufficiently restrictive
    • We are seeing the labor market coming into better balance
    • I would want to see 'a few more months' of better inflation data
    • At some point you need to worry about the other side of the mandate
    • It's important not to wait too long to cut rates
    • I'm pretty confident the committee is doing good work (and won't miss the turn in the economy)
    • I can tell you that in 39 years, politics doesn't come into that room


    https://www.forexlive.com/centralba...tion-move-down-again-after-stalling-20240614/
     
    murray t turtle likes this.
  1. zdreg

    zdreg

    8 lies.
     



  2. Nonbelievers are still using the horse paste.
     
  3. S2007S

    S2007S

    I would say a large group who watch these inflation reports don't even come close to actually believing the numbers reported. ....

    Most think the reports are made up....

    And will the fed get inflation to 2% ...most likely not. What they will do instead is simple. Have the old 2% inflation benchmark become now the new 3% or possibly 3.5%. This will only catapult the markets to new highs knowing now they can enact rate cuts, this will have every whiny bitch crying for rate cuts finally breathing a sigh of relief.
     
  4. mervyn

    mervyn

    this may not be the case. if the fed gives a slight indication on a consistent rate cut path, money will be out of stocks and move back back to bonds rather quickly. bond is about total returns. i made 12k on zn this year on merely 6 lots each trade, in april and in may. inflation benchmark has nothing to do with it.
     
  5. its a weird market. The fed effect has been neutralized. Market doesn't really know what to do. Any AI news from Mainstream media is eaten up with a spoon regardless of how fake the news is. The only thing apple and google and meta can think of is some kind of very unclear AI integration. Its like a brainless, blind leading the blind situation. Was the Fed really the only basis for the markets since the 2000 bubble?? Or did the Fed just manipulate and destroy what we could have had?
    FANGS plus has now been reduced AI
     
  6. S2007S

    S2007S



    You are right about big tech running into AI they know it's the only way to absorb the premiums on the stock and to keep investors happy. Without any mention of ai integration into their back end these stocks would be actually down....they are propped up by ai hype. Now look at apple. That wwdc was and absolute joke...the ai they introduced was garbage...and there were analysts and people on cnbc saying how this would be beneficial to Apple. There is nothing beneficial about implementing ai on a smartphone. Zerooo ...they knew if they didn't bring any ai to the wwdc the stock would have plummeted....
     
  7. S2007S

    S2007S

    Wow apple intelligence, look through this and tell me how any of this is going to add to apples revenue...

    All they did was implement what chat gpt has already been doing. Zero technology breakthrough



    https://www.apple.com/apple-intelligence/