Fed Chair Powell: We will see inflation move down this year, but my confidence in it is lower
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- เผยแพร่เมื่อ 30 เม.ย. 2024
- Federal Reserve Chair Jerome Powell takes questions from reporters after announcing the central bank will leave interest rates unchanged.
Powell knows that the economy is finished, and stagflation is upon us. He just doesn't want to cause a panic.
Corporate America got a taste of what it was like to raise their prices willy nilly under the guise of "supply chain problems". Now they don't want their profit margins to shrink.
They won't lower prices, as such, inflation will remain high.
Who wouldn't like to increase its profit margin? It's human nature. I know where you come from but you either go with the flow or swim against the tide. Choose wise.
@@-_MR666_- I think most morally upstanding people would be fine with just maintaining profits or even taking a downtrend for a year. If it meant potentially preventing economic and societal collapse. But maybe I'm crazy.
Excess profits are good but higher wages are bad, that is the lesson we all must learn. The American economy must only benefit the very rich, not the majority of the population
The more I try to educate myself on economics, the more it just seems like there are selfish people at the top who are either trying to keep up a facade or literal intention is to make life as hard as possible for others
The Eliist should ask their driver or maid how it is going with inflation.
You're right. They should. They all should. Thereby becoming less elitist.
Ok, Chanfun.
Settle for 3% bro 2% is non existent for the future American economy
Yeah we love spending 37 trillion. It does great for the country. Nope! No signs of any problems here. Doyyyy!!!
Record profits, corporate greed👿
Judging by markets in green, Fed said the right things.
Sinking like a Titanic movies😂😂😂
This guy has zero idea what he’s doing
you're right. hey everyone, let's trust this random youtube commenter instead!
just look at his jaw movements while he talks, it indicates that he's very unsure about what he's saying and nervous
@@moosejoose4 thank you I won’t let you down
Thank goodness this inflation was just transitory. 🤦♀🤦♀🤦♀
Keep rates high Make a great return on cds
I bought my house in 1975 with a 9% interest rate and a baby on the way. Only income was mine. We still made it ! Times were much tougher back then! Powell is holding the country back!
Is this sarcasm?
@@MyWillBeDoneNo it was reality back then!
Maybe he'll be right this time, but I’m not betting my financial future on it.
BASEL3 IS IMPORTANT TO FED..AND PART OF BASEL3 IS GOLD AS A TEIR 1 ASSET
Stagflation is already here.
Facts!!!
Liar..!!!
I don't know. If anyone knows, please let me know. What day did the master's live start? What I want to know is how many days a week it works. I'm a foreigner and I want to know. Please help me.

Evil man
Joe Biden will tell him to drop it when it’s needed
Like HYIP but anuity daily.
Debt=40,000B Yield=5% Year=1
Debt(1 Year)=40,000B*1.05^1
Debt(1 Year)=42,000B
If Nasdaq Yield(Daily)=1% Day=240
Invest=42,000B/1.01^240
Invest=3,855B
Anuity:
240 Days=3,855B
Daily=3,855B/240 Day
Daily(Buy)=16.1B+-
Yield(Daily)=1%
Yield(240 Day)=3,855B*(1.01^240)
Yield(240 Daily)=42,000B+-
Thank you.