Federal Reserve raises rates by 0.75%
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Federal Reserve raises rates by 0.75%
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Re: Federal Reserve raises rates by 0.75%
#2A day late and a dollar short...
Re: Federal Reserve raises rates by 0.75%
#3Stocks rallying a bit. I expect we'll see dead cat bouncing at least until we get the next CPI numbers.
Re: Federal Reserve raises rates by 0.75%
#4It seems the Fed is stuck in a state of overreaction. First they overshoot on money printing, then they disregard early signs of inflation, and now they're in a panic in the opposite direction.
Seeing the news this week that Bernanke said that the Fed should be able to pull off a soft-landing now in 2022 gave me an uncomfortable déjà vu -- he said the same in 2006 and 2007, right before he raised rates enough to kick off a global financial crisis.
Re: Federal Reserve raises rates by 0.75%
#5Stocks rallying a bit. I expect we'll see dead cat bouncing at least until we get the next CPI numbers.
It seems as though the dip buying will continue but perhaps the fed wants a smoother road back to reality.
Re: Federal Reserve raises rates by 0.75%
#6It seems the Fed is stuck in a state of overreaction. First they overshoot on money printing, then they disregard early signs of inflation, and now they're in a panic in the opposite direction. Seeing the news this week that Bernanke said that the Fed should be able to pull off a soft-landing now in 2022 gave me an uncomfortable déjà vu -- he said the same in 2006 and 2007, right before he raised rates enough to kick…
In fairness, inflation seems largely driven by energy prices, which in turn are driven by the Russian invasion of Ukraine.
Not the top event I'd imagine a bank predicting well.
Re: Federal Reserve raises rates by 0.75%
#7> Seniors, should reap the benefits of higher bank savings rates after years of piddling returns.
Not to any significant degree. Bank rates won't come close to offsetting the effect of inflation. The big winner will be the IRS, as intended.
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Re: Federal Reserve raises rates by 0.75%
#8It seems the Fed is stuck in a state of overreaction. First they overshoot on money printing, then they disregard early signs of inflation, and now they're in a panic in the opposite direction. Seeing the news this week that Bernanke said that the Fed should be able to pull off a soft-landing now in 2022 gave me an uncomfortable déjà vu -- he said the same in 2006 and 2007, right before he raised rates enough to kick…
In fairness, inflation seems largely driven by energy prices, which in turn are driven by the Russian invasion of Ukraine. Not the top event I'd imagine a bank predicting well.
Central banks can't produce more crude oil or refine more gasoline by manipulating rates. The only thing they can do here with that switch is tank the broader economy to destroy energy demand.
Re: Federal Reserve raises rates by 0.75%
#9It seems the Fed is stuck in a state of overreaction. First they overshoot on money printing, then they disregard early signs of inflation, and now they're in a panic in the opposite direction. Seeing the news this week that Bernanke said that the Fed should be able to pull off a soft-landing now in 2022 gave me an uncomfortable déjà vu -- he said the same in 2006 and 2007, right before he raised rates enough to kick…
In fairness, inflation seems largely driven by energy prices, which in turn are driven by the Russian invasion of Ukraine. Not the top event I'd imagine a bank predicting well.
no one here buys the 'putin price hike' excuse
Re: Federal Reserve raises rates by 0.75%
#10It seems the Fed is stuck in a state of overreaction. First they overshoot on money printing, then they disregard early signs of inflation, and now they're in a panic in the opposite direction. Seeing the news this week that Bernanke said that the Fed should be able to pull off a soft-landing now in 2022 gave me an uncomfortable déjà vu -- he said the same in 2006 and 2007, right before he raised rates enough to kick…
In fairness, inflation seems largely driven by energy prices, which in turn are driven by the Russian invasion of Ukraine. Not the top event I'd imagine a bank predicting well.
Yeah. If only we'd had some other reason to reduce our consumption of fossil fuels by now!