Given our debt levels, do you really think the Fed will raise interest rates? | |
Anonymous Coward User ID: 74025871 United States 12/29/2021 03:29 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80610477 United States 12/29/2021 03:31 PM Report Abusive Post Report Copyright Violation | they have to Will the Fed raise interest rates in 2022? Here’s what experts are saying It was like an emergency responder rushing to the scene of an accident. The Federal Reserve took less than two weeks to slash interest rates to zero and unveil its largest bond-buying program in history when the coronavirus pandemic first bulldozed into the economy. But today, as inflation soars to its highest in 40 years and millions remain on the sidelines of the workforce, officials on the U.S. central bank have been caught in the middle of a much slower-moving U-turn. Officials kicked off 2021 with plans to keep interest rates at rock bottom for at least two more years and judged elevated inflation pressures as a temporary blip in a financial system recovering from a pandemic. They're now, however, about to kick off in 2022 a new era for Fed policy that could include as many as three rate hikes - according to officials' most recent projections - and a faster-than-expected end to the Fed's billion-dollar asset purchase program. taken from msn |
Anonymous Coward User ID: 80610477 United States 12/29/2021 03:32 PM Report Abusive Post Report Copyright Violation | The Federal Reserve on Wednesday announced that it is accelerating its removal of monetary support for the economy, citing a rise in inflation that has seen the biggest jump in prices nearly 40 years. In a move to cool growth, policy makers also said they expect to hike interest rates three times in 2022. [link to www.cbsnews.com (secure)] you've been warned peasants |
bigD111
(OP) User ID: 81114246 United States 12/29/2021 03:35 PM Report Abusive Post Report Copyright Violation | |
Weisshaupt
User ID: 76349503 United States 12/29/2021 03:37 PM Report Abusive Post Report Copyright Violation | No chance in heel The have chosen the form of the destroyer -it will be inflation - not deflation The longer they inflate the longer the system lasts They could switch to deflation as a sudden kill switch I suppose, but if that were they plan- they would have done it already |
Bodiless
Forum Administrator 12/29/2021 03:39 PM Report Abusive Post Report Copyright Violation | Because in doing so, it will crash the system! Will they be doing their part to force the great reset? Quoting: bigD111 Bet money on it Know who makes bank when a country’s financial system crumbles The Elite. By design FUCK THE FED “We have assembled the most extensive and inclusive Voter Fraud Organization in the history of America”—Joe “SippyCup” Biden Joe Biden will never be the man Michelle Obama is The worst thing about dying is that you become a democratic voter for eternity |
Anonymous Coward User ID: 80610477 United States 12/29/2021 03:40 PM Report Abusive Post Report Copyright Violation | USA's debt will never be repaid, that's why the great reset, only kicking the can down the road if they stop printing money and higher the rates to stop the inflation, it will be more expensive for people to borrow money thus banks won't need to print it as much, thus the economy and businesses will get fucked |
Anonymous Coward User ID: 80610477 United States 12/29/2021 03:40 PM Report Abusive Post Report Copyright Violation | "Employers are having difficulties filling job openings, and wages are rising at their fastest pace in many years," Federal Reserve Chair Jerome Powell told reporters on Wednesday. Inflation has been rising as supply chains are disrupted by the coronavirus, he said. Quoting: Anonymous Coward 80610477 "The inflation that we got was not at all the inflation we were looking for," Powell said. What about interest rates? Projections released by the central bank predict three interest-rate hikes next year and three more in 2023. That's significantly more than the single rate jump it had forecast in September, and indicates the central bank is much more concerned about rising prices than it was two months ago. Economists said the rate hikes could begin as soon as March, but some expect economic weakness to push lift-off until the summer. Asked about the change in attitude, Powell told reporters: "It's essentially higher inflation and faster, much faster progress in the labor market." He also noted that high inflation could dampen the economic recovery by canceling out the wage gains that lower-paid workers have made in recent months amid a widespread labor shortage. "We have to make sure that higher inflation doesn't get entrenched. It's one of the two main threats, the other being the pandemic, to getting back to maximum employment," he said. Why it matters That benchmark interest rate — which was slashed to near-zero last year and remains there — affects what consumers and businesses pay for mortgages, credit card purchases, personal and business loans, and other debt. Raising the rate makes it more expensive to borrow or spend money, slowing down spending and potentially tamping down inflation. But hiking the rate too fast could damage the labor market, which is still below its 2019 levels. |
Anonymous Coward User ID: 81691631 United States 12/29/2021 05:14 PM Report Abusive Post Report Copyright Violation | The Fed will keep rates low for as long as the Western NATO allies require lower rates... the problems the Fed is managing are mostly Asian & EU conditions, which creates a paradox between domestic & foreign sovereign & private commercial interests... this paradox is known as the Triffin Dillema. |