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Started By
Message
re: Powell: Fed can maintain higher rates for "as long as needed"
Posted on 4/16/24 at 11:56 pm to WildTchoupitoulas
Posted on 4/16/24 at 11:56 pm to WildTchoupitoulas
quote:
They need to raise the rate, not just maintain it, if they want inflation to come down.
They could raise the rate to 100% and inflation won't come down if they keep printing billions for Ukraine and Israel.
This post was edited on 4/17/24 at 12:04 am
1
Posted on 4/17/24 at 12:11 am to Gideon Swashbuckler
quote:
inflation won't come down if they keep printing billions on Ukraine and Israel.
The Ukraine aid to date hasn't amounted to even 0.5% of the current US money supply.
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