You didn't have the Ukraine Russia war in 2008 sapping the entire western economy on the heels of the global covid lockdown!

Reading the news it sounds like the FED is saying that rate cuts will be delayed. Nothing about higher rates going forward. Was there something different in the speech?

Until governments stop increasing the money supply which is causing the inflation, the inflation won't go away. The US, UK, etc are all struggling to fund the Russia Ukraine war and cope with post Covid. Look at the US set to double its deficit this ...

That actually makes sense. When you look at all the sources of inflation, the amount of capital added to the market and then you simply use interest rates to pull that liquidity out of the market it will cause a lot of pain to the economy to pull it ...

They have missed the point about how unreliable unemployment data is completely. Job creation and new hires are much more reliable.

Against this backdrop the US$ is getting stronger!

It is back to school month for families. Spending always picks up at this time of year. Then a lull and halloween, lull thanksgiving, lull black friday, lull xmas....

The detail that isn't stated is that the current inflation in the US economy was caused by increasing the money supply as part of the Covid solution. Until that money supply is withdrawn, inflationary pressure will continue. Raising rates to fight ...

It is a weaker positive than expected.

Actually they are doing just that. This might be why it is so important for the US to declare war with Russia and China right now.

Nothing in his presentation suggesting cuts anytime soon.

A willingness to trade and ignore US, EU and other rules that they don't agree with.

Not sure that they required a BRIC currency, just a willingness to trade with one another with transactions not denominated in US$.

Never got vaccinated, caught covid19 took 100,000 iu of Vitamin D3 for 2 days followed by 10,000 for 1 week and covid symptoms vanished after day 2! Covid19 is a virus. The complications reported from the vaccine support my decision!

I sort of agree. The US system of government is broken as are those in many other countries. I believe most educated people will agree with this unless they have a vested interest in supporting the corrupt system. There are leadership candidates who ...

Next you will be asking for stats that are accurate!

Powell, honest?

It sounds like the simple saber rattling that they have been doing all along.

Doesn't this depend on who holds the bonds (ie what currency is used to purchase the bonds) that are getting repurchased? Small detail.

2% inflation is all about attempting to protect the value of the currency as countries increase the money supply. The other options would be to cut spending or raise taxes.