Fed's Waller: data is screaming at us to go 50bp increase but geopolitical events call for caution

Interesting... you know its the 2020s, when the only thing saving us from great depression is war.

Cut the crap people if your economy can't stand a 0.5% rate increase then just pack it up and go home!

I think longer term, we end up like Europe here, where all rates are negative.

I think the "inflation" is due to competition with china causing supply chain problems, And war of Russia. I don't think raising rates will help there at all either. And lastly, I think labor tightness I've even seen personally/we have seen, is due to boomers and skilled retiring, we just cannot find people with the skill. So the ones who do, they want pay bumps. Well, that and minimum wage changes US wide.

But basically, rate rises are not going to help any of these. It's geopolitical and demographic large changes, rate rises will only make things worse.

Personally: I think the US is entering a period, and this is why China cannot/will not be as much of a threat they have TERRIBLE age demographics... where things that depended on growth forever of the population (consumerism, debt, etc.) will start to "break".. like all the numbers will start to look SUPER funny, because that's not what the current system was made for. And again, rate rises won't help. Well I suppose I think we see/have more "ghost cities" in about 5-10 years, "suburbs" where not as many want to live and the debt financing of it is no longer sustainable. Yeah I think shrinking age demographics, people NOT having kids, is about to start becoming huge thing.

Straight back onto the inter meeting hawkish BS!

Utter fraudsters.

There you go free world. Enjoy.

I know it was necessary to take some action on what Russia did in Ukraine, but economic sanctions against any nation in a globalized economy, it was only a matter of time before the economies of all countries suffered in some way. So if there are people in the government against the 50 bp increase let them be ignored. It is a consequence of sanctions. Unless they are deliberately trying to destroy the American economy.

I guess nobody understands what he mean by saying "data is screaming".

screaming 0.1, 0.5, 1, or even 100 bps whatever, all just noise

Manipulation at its peak.

If there would be a ghost than I'll scream, it just numbers. I don't see what about to scream here on us.

The time to start raising rates was around 2011. Now the most effective action would be pulling some of the unnecessary stimulus trillions back out. Not ever mentioned.

No, mate 8 years ago.

Seriously, "unless"?