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  • Fed's Mester: Further rate hikes still needed

Added at 11:07am

Added at 11:07am

They really don't want a weaker US dollar, don't they?

It does make sense though. Weaker US dollar translates to higher inflationary pressures.
So now conditions are in favor of USD?
Dollar can stable 102.8 Support?
Quoting raklian
They really don't want a weaker US dollar, don't they? It does make sense though. Weaker US dollar translates to higher inflationary pressures.
Don't forget about US debth
Quoting rashadali
{quote} Don't forget about US debth
The Fed is an independent organization. It does not necessarily concern itself with how much debt the US government has. It only has the dual mandate to worry about.
And mr. THE FED has covid now
Fed rates have to be above inflation at some point. Inflation from now will be sticky as lower energy and food costs are pre pandemic levels. I believe the rates will be 5.25% and hold it until inflation is below 4%.

After inflation is below 5%. The tricky part for this.

The equation is: inflation doesn't come down until wages do. Wages don't come down until unemployment rises. Unemployment doesn't rise unless we are in a recession.
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  • Posted: Jan 18, 2023 11:07am
  • Submitted by:
     Newsstand
    Category: Low Impact Breaking News
    Comments: 7  /  Views: 1,930

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