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Sep 22 - federal reserve mafia.....allegedly ending wall street welfare in november



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 4 weeks ago '09        #1
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messy marv stan  topics gone triple plat - Number 1 spot x72
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Sep 22 - federal reserve mafia.....allegedly ending wall street welfare in november
 

 
visit this link https://www.axios.com/fed .. cc169f6e5.html


The Federal Reserve hinted Wednesday its full throttle of economic support could start to ease as soon as November (its next policy meeting).

Why it matters: It would be the start of a pivot for the Fed, which unleashed unprecedented measures when the pandemic hit to help rescue the U.S. economy.

The big picture: COVID-19 is still pressuring the economy and labor market. In its first economic projections that reflect the delta variant impact, the Fed downgraded near-term economic expectations.

It now expects the economy will grow 5.9% this year — a rapid pace, but slower than the 7% estimated in June. (Growth estimates for next year though jumped by 0.5 percentage points).


What's new: The Fed sent its strongest signal yet that it will slow the monthly bond purchases that have supported the economy and buoyed the stock market.

That's reflected in a statement that's parsed word-by-word by market-watchers. It now says a pullback of those emergency measures "may soon be warranted."
Flashback: For months, the Fed has said it would need to see "substantial further progress" on employment and inflation to dial those purchases back.

That test has been "all but met," Fed chairman Jerome Powell told reporters on Wednesday, and incoming economic data doesn't have to be out-of-this-world great to confirm that


He also said this type of support is much less useful now "as a tool than ... at the very beginning [of the pandemic crisis]."


What to watch: Nine Fed officials (half of the committee) expect interest rates will rise from rock-bottom levels next year — up from the seven who said so in June
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 4 weeks ago '07        #2
240ka  topics gone triple plat - Number 1 spot x1
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Trump d*ck sucks are going to come in and bi*ch about this being a bad thing, watch.

BYEDON
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 4 weeks ago '19        #3
Darknlightened 
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Should be good for investments on particular stocks right? High rate isn't good but wtf you expect after this fiasco we've been living in
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 4 weeks ago '18        #4
ChrisPartlowFro 
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This was expected though.
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 4 weeks ago '15        #5
Chasefovea 
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Learn to go short and u wont give a fu*k
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 3 weeks ago '06        #6
Doe Sun 
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TLDR

Rates aren’t going up

 3 weeks ago '11        #7
SomeOnesoN  topics gone triple plat - Number 1 spot x2
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Good. Can we stop bailing out corporations and banks that are considered "too big to fail"? If you want to push this capitalism game, you either go all in or start investing some of those subsidies towards the people. National healthcare for starters.

 3 weeks ago '20        #8
Xiox  topics gone triple plat - Number 1 spot x1
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Will home prices fall ?



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