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  • Fed's Waller: next few months are critical for seeing whether inflation is transitory

    FED'S WALLER:THE NEXT FEW MONTHS ARE CRITICAL FOR SEEING WHETHER INFLATION IS TRANSITORY

    — *Walter Bloomberg (@DeItaone) October 21, 2021
Added at 9:06am
  • Tweet

    From @sellvolbuytesla

    [tweet=1451172912468271110;1634821558]*WALLER SEES INFLATION RISKS TO THE UPSIDE *FED’S WALLER SPEAKS AT VIRTUAL EVENT *WALLER SEES INFLATION ABATING IN 2022 TOWARDS 2% FED GOAL[/tweet]

Added at 9:10am
  • WALLER: FED MAY HAVE TO ACT FASTER IF INFLATION STAYS TOO HIGH

    — AceMarketU.com (@AceMarketU) October 21, 2021
Added at 9:20am
  • Fed's Waller: I've Always Had A Very Optimistic Outlook For The U.S. Economy And There Are No Signs Of A Credit Fuelled Bubble

    — LiveSquawk (@LiveSquawk) October 21, 2021
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  • Comment #1
  • Quote
  • Oct 21, 2021 9:16am Oct 21, 2021 9:16am
  •  Guest
  • | IP XX.XXX.125.78
I will save you some time..... IT"S NOT!
 
1
  • Comment #2
  • Quote
  • Oct 21, 2021 9:27am Oct 21, 2021 9:27am
  •  hesron
  • Joined Dec 2012 | Status: Member | 1436 Comments
He think tapering is impossible at least in the near future
All my analysis is based on Wyckoff Methods
 
 
  • Comment #3
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  • Oct 21, 2021 9:31am Oct 21, 2021 9:31am
  •  hesron
  • Joined Dec 2012 | Status: Member | 1436 Comments
Isn't inflation too high, the cost of the industry will increase..... so there is no correlation between tapering in stock when the industry needs an injection of funds?
All my analysis is based on Wyckoff Methods
 
 
  • Comment #4
  • Quote
  • Oct 21, 2021 3:53pm Oct 21, 2021 3:53pm
  •  Subdude
  • | Joined Aug 2007 | Status: If it walks like a duck... | 540 Comments
Inflation is transitory but so are specific interest rates - it's your damn job to proactively adjust the latter in response to former, instead of flapping your lips. Does the term "dereliction of duty" come to mind here at all?
 
 
  • Comment #5
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  • Oct 21, 2021 5:03pm Oct 21, 2021 5:03pm
  •  Banditten
  • Joined Sep 2019 | Status: Member | 1077 Comments
A couple of months ago there was an interesting interview with a former senior advisor to ECB. He was giving his honest opinion on the current state of play. I will spare you the details but conclusion was that all central bankers are shitting their pants fearing the inflation is not transitory.

I think he is right in the sense that all communication to the people has been that it is transitory. only recently has some indicated that inflation may last longer than expected. But does this mean that it is not transitory? No in the long run its all transitory I suppose. It depends on the context you read it in.
 
 
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  •  Guest
  • | IP X.XXX.209.138
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  • Story Stats
  • Posted: Oct 21, 2021 9:06am
  • Submitted by:
     Newsstand
    Category: Medium Impact Breaking News
    Comments: 5  /  Views: 2,096
  • Linked event:
    USD FOMC Member Waller Speaks
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