Fed's Williams Talks Inflation Data and Rate Cuts
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- เผยแพร่เมื่อ 28 พ.ค. 2024
- Federal Reserve Bank of New York President John Williams discusses the state of the US economy, the recent inflation data and the outlook for monetary policy with Mike McKee on Bloomberg Television.
For more on this story, please see: www.bloomberg.com/news/articl...
After you watch a few bs people. You know they are bs. It’s easy.
“Strong economy with good growth.” All cooked numbers and government intervention. Consumers are getting killed and government spending makes things look like they are golden. The FED will cut right before the election and inflation will come back in big ways. Real estate prices will dive and stock will nosedive.
Why not cut after election instead of before? Seems more logical for them to do that
Except that a lot of the data comes from the BLS that is operated by Congress which is run by Republicans.
@@aaronchow5749 Because the stock market uses rate cuts as a means to rally, and consumers would love to see borrowing costs come down. Doing this before the election would look good on Biden's part. The FED is political and will do anything in their power to keep their current regime in office even if it means killing the economy in the process.
@@aaronchow5749cut in july or june
Rates aren’t being cut this year
Inflation is increasing sales, people have to spend more just to get by.
Consumer spending alone doesn't mean a good economy...
Americans are used to "retail therapy" and spend even though they can't afford it... that is why America has the highest credit card debt.
The truth is that inflation is hitting Americans badly and many have to hold more than one job to survive
Its driven with higher prices. Buy less for more money. Propaganda machine at work.
Advance estimates of U.S. retail and food services sales for March 2024, adjusted for seasonal variation and holiday and trading-day differences, --->>>>but not for price changes
Williams is building up for a cut. Lenders just can't afford the higher rates. It won't work. Hyperinflation
10 Year bond says you have a weak economy. Bond buyers want a higher yield to buy your debt. He is a fed member.
If you smoke, then try to quit smoking before one is told they must quit.
Interview a Turkey about his views on Thanksgiving.
I am seeing slow decline in inflation.. Oh i was watching a mirage😂
Good growth huh! All I know is that the unemployment rate is still high nationwide which is totally different from what they reported. The Fed is indeed in trouble now as the inflation/interest rate/housing prices/ are going up…oh, plus the election is coming and I wonder how they can pull this one off.
Think the government needs to work on inflation. Food amongst everything else utilities, Hoa dues, Southwest Gas, Electric, Car Insurance and WiFi has spiked stretching Nevadans with no increase in money at hand landing many in either subsidized food or food shortage by the 20th of the month. It’s better than charity cap the inflation. Eating out is impossible now. Average a person pays is $50 for 2 ppl. It was never that expensive. Traders Joe Oliver oil is $11 while in Sam’s club you are paying $28 for a bottle of olive
Now cc companies are summoning ppl for defaults guess why? Ppl have been using credit cards to survive & avoid disconnection/ default notices to a point they get a court summon. Hell what’s wrong with this country leaders? They have turned a deaf ear to their real job. It’s not the job of individual entities to feed ppl. It’s a country problem that is being overlooked. They need to start a Government program that helps ppl pay their expenses or they need a law that depresses & caps the inflation Biden. Feds doing nothing and this news is glorified.
11 minutes and he said absolutely nothing. terrible questions
Always with the jobs report and saying inflation is coming down. The jobs are government, hospitality and leisure and education. Not solid economic manufacturing jobs. Inflation is officially going back up and prices have always been going up. Consumer spending will show a strong GDP with Government spending.
Shouldn’t they raise rates?
Oh you know they love inflation 😅😂😅😂. Housing still up 50% how the hell is inflation coming down? And that balance sheet will grow to 20 trillion in the next
10 years
It’s good you’re on TH-cam. If this video was on twitter. You’d get blocked from getting revenue. Sucks. But that’s how it is now. You can’t talk none sense.
Bs
okay thanks for providing zero new information/perspective and repeating news headlines; who is this guy again?