Congress Reacts to Fed Rate Decision
High rates and high inflation are top of mind in Washington. Bloomberg's Tyler Kendall spoke with lawmakers about the Federal Reserve's decision to keep interest rates steady and the latest push to combat so-called shrinkflation. She speaks on Bloomberg's "Balance of Power."
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Пікірлер: 9
Powell says he doesn't see 'stag' he doesn't see 'flation'. How clever. Get better eyeglasses. And price gauging, yes. Auto insurance rates have sky rocketed and Insurance company margins are at record highs. No coincidence.
Shrink flatiron is a good thing with the obesity epidemic and food addiction of this country. It would be silly to stop this, instead focus on tightening financial conditions and the wealth effect……which only effect the top 20% 🤔
We can be talking about inflation for the next 10 years back and forth and its not going to come down. Prices are not going to fall. Everyone can’t wait for rates cuts.