As soon as FED drops the rates all businesses will increase their prices. FED is a joke, as a property owner I know already i have to increase the rents to stay ahead of FED inflation. As we talk FED is printing money
We not only have increased productivity through AI, We have mass immigration and a 5.5% fed rate all things that should lower inflation but inflation is still at 3.75% come on bro…. This guy should be a cop or something not a analyst
In other words, if the Left continues another 2T of Deficit Spending at the end of September maybe no rate cuts this year, if the Left shows some restrain perhaps 1, it depends on the definition of is, is
Add the Treasury bond reductions to money supply since late 2022 it’s extremely restrictive policy It’s dropped almost 100 billion in circulation per month!!!
Rate cuts? Gasoline in Washington state is almost $5 a gallon. Steve Liesman is salivating over rate cuts and the reality of it is that a cut would just spur more inflation. Goolsbee should just say "NO Cuts this year" get use to rates.
Nobody wants a job if it doesn't pay the bills. The dual mandate is nonsense
More then half way through the years and ready to say it might be just a blip 😅
As soon as FED drops the rates all businesses will increase their prices.
FED is a joke, as a property owner I know already i have to increase the rents to stay ahead of FED inflation. As we talk FED is printing money
We not only have increased productivity through AI, We have mass immigration and a 5.5% fed rate all things that should lower inflation but inflation is still at 3.75% come on bro…. This guy should be a cop or something not a analyst
2.75%, and projected to be 2.56% on Friday's reading
@@ryann8348good luck Ryan 😅
@@ryann8348 ryan doest’t even use whole numbers he will take it as far as 2.674 to convince himself even more 😅
In other words, if the Left continues another 2T of Deficit Spending at the end of September maybe no rate cuts this year, if the Left shows some restrain perhaps 1, it depends on the definition of is, is
This country has been in a recession for 2 years.
Add the Treasury bond reductions to money supply since late 2022 it’s extremely restrictive policy
It’s dropped almost 100 billion in circulation per month!!!
He’s the president of sky high inflation he should know because he and Oboma started all the inflation give him a hand clap
Rate cuts? Gasoline in Washington state is almost $5 a gallon. Steve Liesman is salivating over rate cuts and the reality of it is that a cut would just spur more inflation. Goolsbee should just say "NO Cuts this year" get use to rates.
Good for Steve for holding slippery President Goofball's feet to the flames. This dude is flakey.