Fed's Interest Rate Decision: What You Can Expect in 2024

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Пікірлер: 1 200

  • @Salamattder
    @Salamattder19 күн бұрын

    My grocery bill is up 25-50%. Not 2%

  • @micker9830

    @micker9830

    19 күн бұрын

    Because of the past high inflation. It didn't go up 25-50% this month lol.

  • @clintjmathewson

    @clintjmathewson

    19 күн бұрын

    Prices will never come down. It’s inflation they’re trying to bring down. The car is still moving too fast in the wrong direction…. They want to slow the car down to moving slowly ….. in the wrong direction 😂😂😂

  • @tybo_g37s

    @tybo_g37s

    19 күн бұрын

    stop shopping at whole foods

  • @clintjmathewson

    @clintjmathewson

    19 күн бұрын

    @@tybo_g37s so eat plastic??

  • @me6057

    @me6057

    19 күн бұрын

    @@user-je4qz5fi4p”bingo” damn you must have it all figured it out huh😂😂😂

  • @jollygreen4662
    @jollygreen466219 күн бұрын

    Govt is full of 💩

  • @ArneyO7

    @ArneyO7

    19 күн бұрын

    The federal reserve is not a part of the government.

  • @tacosanloresno

    @tacosanloresno

    19 күн бұрын

    Govt is made of people means people r full of 💩

  • @ZER0_G

    @ZER0_G

    19 күн бұрын

    The Federal Reserve is not technically the gov't but I know what you mean.

  • @Hydroxica

    @Hydroxica

    19 күн бұрын

    at least it's not filled with as many 🟠🤡 right now

  • @RD-io6sm

    @RD-io6sm

    19 күн бұрын

    Very much true. Whether we do something about it, that's the question.

  • @NorthLVLowRoller
    @NorthLVLowRoller19 күн бұрын

    He accidentally said recession.

  • @DrW2023

    @DrW2023

    19 күн бұрын

    Yes they don't want to cut the rates too early causing a recession.

  • @User-cc6cq

    @User-cc6cq

    19 күн бұрын

    That's where all the victims meet...

  • @Gerald-fi2yw

    @Gerald-fi2yw

    19 күн бұрын

    Yes, he did, the truth started to come out, but he quickly sucked it up and finished spitting out his lies

  • @menumlor9365

    @menumlor9365

    19 күн бұрын

    2:57

  • @thelocal713

    @thelocal713

    19 күн бұрын

    Yes!!!! This is the biggest moment of the whole video!

  • @mikefigueroa4075
    @mikefigueroa407519 күн бұрын

    These are not economists, they are politicians.

  • @FlyWithVeiga
    @FlyWithVeiga19 күн бұрын

    “If we go too late, we could unnecessarily undermine the RECESSION” 😂🚮

  • @lavenderlilacproductions

    @lavenderlilacproductions

    19 күн бұрын

    Recession would be better than stagflation...

  • @atdepaulis

    @atdepaulis

    17 күн бұрын

    😂

  • @1Skeptik1
    @1Skeptik119 күн бұрын

    4.25%! Over the past 50 years, inflation averaged 4.25%. I am 73 years old and can manage compound interest arithmetic. Conclusion: The FED lies or is incompetent (likely both).

  • @shadowbanned4days

    @shadowbanned4days

    19 күн бұрын

    It's real bad

  • @jupiterherranz-wilkinson3787

    @jupiterherranz-wilkinson3787

    19 күн бұрын

    Agree 100% lies and incompetent (both)

  • @shadowbanned4days

    @shadowbanned4days

    19 күн бұрын

    @@jupiterherranz-wilkinson3787 back to sleep. No one's doing anything.. we to fat,too stupid,too scared.

  • @BennyJeters

    @BennyJeters

    19 күн бұрын

    More like calculated. You’re actually the rube for thinking it’s incompetence and not malevolence

  • @dr.michaellittle5611

    @dr.michaellittle5611

    19 күн бұрын

    @@jupiterherranz-wilkinson3787. Can you prove that allegation with facts?

  • @valdivia1234567
    @valdivia123456719 күн бұрын

    The labor market for jobs paying north of $70K is absolutely NOT strong.

  • @aeee3254
    @aeee325419 күн бұрын

    2.6% is some bullsht. Property tax up, home ins up, house prices doubled, food ia like buying gold now, gas high but you know what is not up? Our pay!

  • @supreme5998

    @supreme5998

    19 күн бұрын

    Get rid of the house. Solves half your problems. You can live right outside the Fed building.

  • @wendellrivers853

    @wendellrivers853

    18 күн бұрын

    @@supreme5998sounds like someone with no house LOL

  • @supreme5998

    @supreme5998

    18 күн бұрын

    @@wendellrivers853 yeah I sold it for Nvidia. I’m staying outside the Fed building. It’s still nice out here.

  • @thegoddesskey
    @thegoddesskey19 күн бұрын

    It's not true…. it's not 2.6%

  • @micker9830

    @micker9830

    19 күн бұрын

    What is it then? It is definitely low, because prices have stabilized a lot.

  • @DeathsInverse

    @DeathsInverse

    19 күн бұрын

    What exactly is it

  • @Hdc2390

    @Hdc2390

    19 күн бұрын

    It's definitely not 2.6% the numbers have been wrong

  • @jonathantaylor6926

    @jonathantaylor6926

    19 күн бұрын

    My dogs bag of food went up 23%... and dog food is actually a good inflation indicator considering is components- grains, proteins and then domestic labor for production and distribution.

  • @danielhutchinson6604

    @danielhutchinson6604

    19 күн бұрын

    I was predicting the Crash would be at the end of the 2nd Quarter. The Jobs in public sector were mostly part time. The Inflation and employment numbers always seem to get a revision. So we can assume the Government is "adjusting the figures? They assume Citizens are too busy to notice the revisions later on. But they cling to the assumption that they can control the economic effects. Inflation began to increase in imported Commodities in 2015. That seems to reflect the BRICS announcing a new loan program in 2014. The G-7 Nations have lost most of their Colonial Empires since then. The Colonies appear to now be behind a BRICS Wall, to avoid sanctions. The G-7 seems to declare war on Russia and China, to get their Colonies back......

  • @obsoleteMAC
    @obsoleteMAC19 күн бұрын

    Powell keeps stalling til after the elections in November.

  • @jonathantaylor6926

    @jonathantaylor6926

    19 күн бұрын

    Stalling on what? Inflation isn't beat. Cut too soon and we will hit 4% inflation again in no time and then the markets will have a coronary once they realize another hiking cycle is about to start.

  • @DoodleHats

    @DoodleHats

    19 күн бұрын

    @@jonathantaylor6926 the comment section on this channel is all doomers. there is no topic it wont be full of same comments regarding the Fed, gold, BTC, Biden, etc

  • @studentsvalley7580

    @studentsvalley7580

    19 күн бұрын

    @@jonathantaylor6926 DO you seriously think that inflation is 4%?

  • @cultleader3572

    @cultleader3572

    19 күн бұрын

    ​@@jonathantaylor6926Inflation is above 6% still

  • @FireManTTSOM

    @FireManTTSOM

    19 күн бұрын

    @@studentsvalley7580more like 9%.

  • @JP-xq7fo
    @JP-xq7fo19 күн бұрын

    We’re being gaslit into oblivion…

  • @amolr
    @amolr19 күн бұрын

    2.6% ?? Who is he fooling?

  • @jerry-no8yy

    @jerry-no8yy

    19 күн бұрын

    He should be saying 5% or more and show the book of real numbers. powell is another puppet.

  • @sg337

    @sg337

    19 күн бұрын

    Fool both u n i and millions of hard working people

  • @sbfguy7793

    @sbfguy7793

    19 күн бұрын

    Move that decimal 2 points

  • @kensnedegar5925

    @kensnedegar5925

    19 күн бұрын

    Not with Joe Biden in their there ain't no way with these Democrats they're not going to lower anything

  • @FWMCBigFoot

    @FWMCBigFoot

    19 күн бұрын

    That's so they can screw over Social Security recipients and military pay increases.

  • @ferndelisle
    @ferndelisle19 күн бұрын

    I expect them to say interest cuts are coming and then continue to push them off.

  • @dnah02

    @dnah02

    19 күн бұрын

    Yes more confidence lol I already got my car loan 4.75.

  • @rodrigueznathaniel449

    @rodrigueznathaniel449

    19 күн бұрын

    Exactly, we’re in a silent recession and they don’t want to admit it. If they came out and said “no actually we gotta keep interest rates elevated because we screwed the pooch for a few years”, the economy would implode. They are dangling rate cuts like a carrot on a stick just to keep this facade moving, and I’m glad some people are realizing it too

  • @jonathantaylor6926

    @jonathantaylor6926

    19 күн бұрын

    The FED hiked late (which they now openly admit) so I think its stands to reason they cut early. The real fireworks will be after their premature cut and a "hotter than expected" inflation print. The markets are going to have a coronary once they realize the FED will be forced to reverse course.

  • @edmeyer4800

    @edmeyer4800

    18 күн бұрын

    ​@dnah02 Which bank? New or used?

  • @whodidit99
    @whodidit9919 күн бұрын

    Paying more for 12oz for a package of bacon that used to be 16oz. What a ripoff.

  • @jonathantaylor6926

    @jonathantaylor6926

    19 күн бұрын

    Costco took 20 sheets off their paper towels.

  • @shadowbanned4days

    @shadowbanned4days

    19 күн бұрын

    Your worries are bacon😅.. your doomed

  • @TheHighrider3

    @TheHighrider3

    19 күн бұрын

    Eat beef

  • @ok_life

    @ok_life

    19 күн бұрын

    COSTCO also took out 45 sheets per roll on toilet paper 🧻. The price is still went up!

  • @zinzayzinzay3085

    @zinzayzinzay3085

    18 күн бұрын

    It's totally madness

  • @MichiganDaisy-1111
    @MichiganDaisy-111119 күн бұрын

    The one critical fact that everyone needs to get through their heads even though it's a very very tough pill to swallow.... The prices of everything right now will never ever go down. The people that say they can't wait for things to go back to normal couldn't be more wrong. Right now today these prices are as normal as they'll ever be. Sad but true.

  • @lam7499

    @lam7499

    19 күн бұрын

    The inflation rate slows, but almost never goes into the negative Welcome to the new normal

  • @thetapheonix

    @thetapheonix

    19 күн бұрын

    @@lam7499There is nothing new about it. Prices have never come down in my lifetime and they never will. If people can’t afford stuff now they won’t afford anything in the future either.

  • @grimaffiliations3671

    @grimaffiliations3671

    19 күн бұрын

    that has always been the case. Prices rise over time, but so do wages. The prices you see as "the good old days" are unthinkably high to people of the past

  • @jonathantaylor6926

    @jonathantaylor6926

    19 күн бұрын

    Deflationary recessions do happen. Especially of there is a liquidity event. Home prices fully depend on the ability for people to finance. I'm not saying a cheeseburger is going to be 50 cents again but in sectors where there is extreme leverage, we could very well see deflation.

  • @Tambrose0405

    @Tambrose0405

    19 күн бұрын

    I'm 30 years old. I literally had a dream when I was 17 where I walked into the grocery store and had all kinds of money and couldn't afford anything. The one thing that stood out the most was the sign in Bold Numbers that read 1100 and was hanging up over the bread. Back then it seemed ridiculous but today it makes so much sense.

  • @mamasann7636
    @mamasann763619 күн бұрын

    I’m a corporate recruiter. The labor market is strong for low earning jobs that pay min or slightly more than min wage. That’s the market they want and therefore it’s strong. Terrible.

  • @Original22

    @Original22

    19 күн бұрын

    Servants serving the well off

  • @1439315

    @1439315

    18 күн бұрын

    "Mediocre Management Incorporated" sucks. No one wants to work for mba dude bro idiots. Or witch karen in HR. Or nightmare boss. Or libtard co - workers who are all about duh rain blow crap. Self employed here, can you believe it? My best day at corporate was my last. They can all go to heck, quickly. Nobody misses them.

  • @Nitric_Beyond

    @Nitric_Beyond

    18 күн бұрын

    Agreed with you, the government is overly basic when it comes to job such as McDonalds workers or close to that and exclude jobs in finance industry, tech industry, etc

  • @funes-funandvines5338

    @funes-funandvines5338

    17 күн бұрын

    The tech industry is in its worst shape

  • @1439315

    @1439315

    17 күн бұрын

    @@funes-funandvines5338 many of the "management" suck. Never been in the military or overseas. Could not be leaders in any realistic standard.

  • @sarahnovamusicatlanta
    @sarahnovamusicatlanta19 күн бұрын

    Lord. What a bunch of BS out of his mouth only to protect the people with money and power

  • @tada8376
    @tada837619 күн бұрын

    Labor market is garbage. Ive been applying for jobs in my salary range, below my salary and above my salary range and no call backs.

  • @polarspirit

    @polarspirit

    19 күн бұрын

    You need to apply without salary

  • @tada8376

    @tada8376

    19 күн бұрын

    @@polarspirit what does this mean?

  • @micker9830

    @micker9830

    19 күн бұрын

    Blame the internet for that one. People just shooting their resume to every job opening they see and employers getting bombarded with applications, most of which aren't even serious.

  • @marcusmariota8147

    @marcusmariota8147

    19 күн бұрын

    Maybe that's because your resume is garbage

  • @soberanisfam1323

    @soberanisfam1323

    19 күн бұрын

    did chatgpt create your resume?

  • @Robert-zn9ub
    @Robert-zn9ub19 күн бұрын

    Take into Consideration that Jerome Powell also said "Inflation is Transitory". I find it very hard to believe anything the guy says at this point.

  • @stevensmith-rb9if
    @stevensmith-rb9if18 күн бұрын

    FOOD IS EXPENSIVE

  • @Pr0digy47
    @Pr0digy4719 күн бұрын

    Notice he said recession lol. He let it slip

  • @noodlessoul8356

    @noodlessoul8356

    19 күн бұрын

    Yep, freudian slip..

  • @truepersona6804
    @truepersona680419 күн бұрын

    😂😂😂 The USA government has printed several TRILLIONS more and everyone is confident the inflation is gonna go down. 🤡🤡🤡

  • @therealmcgoy4968

    @therealmcgoy4968

    19 күн бұрын

    They keep giving out nations money to other countries for war materials in the billions. They have no interest in fixing in the economic problems of the country.

  • @johnn26

    @johnn26

    19 күн бұрын

    Didn't Trump increase the federal deficit more than any other president in history? 🤡

  • @ericrotermund1004

    @ericrotermund1004

    18 күн бұрын

    Well it’s probably 10 times that number. The unskilled bottom rung of social order will be ground into dust

  • @truepersona6804

    @truepersona6804

    18 күн бұрын

    @@ericrotermund1004... while the skilled will keep on slaving forever.

  • @AZplinkster91

    @AZplinkster91

    18 күн бұрын

    It all went to Ukraine

  • @tylersharpe9413
    @tylersharpe941319 күн бұрын

    All these old rich people don't want to cut rates because they own the assets that are inflating like houses.

  • @jonathanjacques7250

    @jonathanjacques7250

    19 күн бұрын

    Ignorant comment.

  • @richdelgzz
    @richdelgzz19 күн бұрын

    Freudian slip at 02:58

  • @mftatvop

    @mftatvop

    19 күн бұрын

    Recession

  • @Soundsaboutright42

    @Soundsaboutright42

    19 күн бұрын

    He corrected that real quick 😂

  • @noodlessoul8356

    @noodlessoul8356

    19 күн бұрын

    ​@@Soundsaboutright42yep, changed it like they changed the formula to calculate inflation...

  • @Daimajin696
    @Daimajin69619 күн бұрын

    I like Powell's Freudian slip when he said he doesn't want to undermine the recession...I mean recovery.

  • @chepe5625
    @chepe562519 күн бұрын

    Why can’t we just stop paying these feds?!

  • @BryanRojo
    @BryanRojo19 күн бұрын

    LMAO these clowns are so used to tricking people they don't even try 😂😂

  • @User-cc6cq

    @User-cc6cq

    19 күн бұрын

    Clowns? More like puppet masters...

  • @carmenedwards3863

    @carmenedwards3863

    19 күн бұрын

    Dirty dogs

  • @snoer8

    @snoer8

    19 күн бұрын

    @@User-cc6cqjust puppet clowns 🤡

  • @traciewebster4175

    @traciewebster4175

    19 күн бұрын

    We are letting them do it.

  • @BreezyLavender

    @BreezyLavender

    19 күн бұрын

    @@traciewebster4175yeah, time to vote these clowns out.

  • @kevinm8993
    @kevinm899319 күн бұрын

    The disconnect from reality is staggering.

  • @SaltMinerOU812

    @SaltMinerOU812

    19 күн бұрын

    But when you think of their voter base, it makes sense the most easily fooled 🤡s

  • @capincrunch1184
    @capincrunch118419 күн бұрын

    “Undermine the recession” 😂

  • @oof6052
    @oof605219 күн бұрын

    The job market is definitely tough..... and our government sucks.

  • @seoulmansupra

    @seoulmansupra

    19 күн бұрын

    They added 260,000 jobs in June...

  • @mavshorts1076

    @mavshorts1076

    19 күн бұрын

    @@seoulmansuprapart time janitor jobs lol

  • @MechShark

    @MechShark

    19 күн бұрын

    @@seoulmansupra and over 600k stopped reporting. OH, also, it was revealed the other day 30% of those 260k are government. 😂Keep coping

  • @dwilliams768

    @dwilliams768

    19 күн бұрын

    ​@mavshorts1076, you're correct! My boss wants to move to more employees but all part time

  • @alex10291

    @alex10291

    19 күн бұрын

    ​@@seoulmansuprauber eats

  • @Stigmaru
    @Stigmaru19 күн бұрын

    At the rate of how the government spends money i don't see interest rates going down. It's realistically impossible.

  • @grimaffiliations3671

    @grimaffiliations3671

    19 күн бұрын

    yes, because the high interest rates themselves cause more spending. Half the deficit is going to interest payments. They should be lowered

  • @shadowbanned4days

    @shadowbanned4days

    19 күн бұрын

    @@Stigmaru exactly..be prepared to get pushed out of your home

  • @TheMikey330

    @TheMikey330

    19 күн бұрын

    Oh yeah they’re going to cut rates soon to service their own debts not us

  • @brandonmartinez5920
    @brandonmartinez592019 күн бұрын

    $5 “meals” are now at least $10… doesn’t sound like 2.6%

  • @victorandrade7940

    @victorandrade7940

    19 күн бұрын

    Because they exclude food and energy from the stats.

  • @BOOTZOC

    @BOOTZOC

    16 күн бұрын

    Try $20 in socal....everywhere you go nowadays you paying $20 for any meal

  • @grapplerunit
    @grapplerunit19 күн бұрын

    No taxation with out representation

  • @countryman6412
    @countryman641219 күн бұрын

    More like 30% inflation

  • @dolphinfan1493

    @dolphinfan1493

    19 күн бұрын

    Wrong

  • @jonathantaylor6926

    @jonathantaylor6926

    19 күн бұрын

    @@dolphinfan1493 Then why did my dogs bag of food just go up by 23%? Hmm?

  • @dolphinfan1493

    @dolphinfan1493

    19 күн бұрын

    @@jonathantaylor6926 how about average price of used cars dropping from 30k Aug 2023 to 27k now. That is DEFLATION look it up. We all get if you cherry pick whatever you want, it is the average of everything and it’s weighted also more bigger impactful category’s are weighted more then others

  • @shadowbanned4days

    @shadowbanned4days

    19 күн бұрын

    @@countryman6412 wrong.. 500%

  • @walaaya2223

    @walaaya2223

    19 күн бұрын

    30% indian

  • @julianschulz1620
    @julianschulz162018 күн бұрын

    Why are High Yield Savings lowering their rate, despite the fact the Feds never cut anything?

  • @dag410
    @dag41019 күн бұрын

    Government and Healthcare worker jobs increased as well as jobless claims.

  • @bizHammer
    @bizHammer19 күн бұрын

    right and my food bill went up 300% again

  • @shadowbanned4days

    @shadowbanned4days

    19 күн бұрын

    These are the good times,enjoy

  • @MrDonny27

    @MrDonny27

    18 күн бұрын

    Yep they cut .25 and nothing will happen

  • @Kevinw4040
    @Kevinw404019 күн бұрын

    Sadly even lowering rates isn’t going to bring prices of goods and services back into affordable territory. We’d need really high unemployment for that imo.

  • @Bryan-od1lw

    @Bryan-od1lw

    19 күн бұрын

    We're all fucked no matter what

  • @thetapheonix

    @thetapheonix

    19 күн бұрын

    That will not bring prices down not even high unemployment for a long time because inflation is caused by increasing the money supply and they will keep doing that to prevent it from happening.

  • @grimaffiliations3671

    @grimaffiliations3671

    19 күн бұрын

    it's already affordable, wages have grown more than inflation

  • @Kyrid

    @Kyrid

    19 күн бұрын

    ​@@grimaffiliations3671 No they haven't

  • @bmoreblondie6301

    @bmoreblondie6301

    19 күн бұрын

    Wtf are u talking about wages HAVE not kept up with inflation not even close

  • @bp283
    @bp28319 күн бұрын

    My mother is 61 and hasn't found a steady, consistent job in years. Sure she doesn't have a bachelors in rocket science but she does have a college degree, and has worked all of her life and can't even get a basic entry level job. Just temp jobs here and there that don't last, and that are very far. I help her as much as I can but my finances are limited too.

  • @Insertednmatrix
    @Insertednmatrix19 күн бұрын

    70k government jobs. Your taxes are paying these wages, and your taxes will continue to rise to pay for thousands more government jobs. Pull government jobs out of the jobs report.

  • @grimaffiliations3671

    @grimaffiliations3671

    19 күн бұрын

    Taxes do not pay for anything the federal government does. Learn monetary operations

  • @Thestocksurfer

    @Thestocksurfer

    19 күн бұрын

    @@grimaffiliations3671 government employees are paid out of the government treasury which gets its money from taxes. Yes are government jobs are paid from our taxes.

  • @johnseaberg5028

    @johnseaberg5028

    19 күн бұрын

    @@grimaffiliations3671Falsehood

  • @caucasianafrican1435

    @caucasianafrican1435

    19 күн бұрын

    @@grimaffiliations3671 🙃

  • @christianxxx9393

    @christianxxx9393

    19 күн бұрын

    @@grimaffiliations3671and this is the person is voting 😂 oh we are fucked

  • @mykiea5156
    @mykiea515619 күн бұрын

    Man my face moisturizer was always 4 dollars, it’s now 13 😑 I had to look up other stores online with the same kind to make sure I wasn’t just tripping. And nope, I was not.

  • @gimpee8113

    @gimpee8113

    18 күн бұрын

    already stop using facial product, 1 sun block used for 1 year. No toilet paper, no paper towels, no cat litter (use play sand to recycle), forsee this coming in 2020, and cut all unnecessary. Dog,cat and chicken food all go up.

  • @kwd-2023
    @kwd-202319 күн бұрын

    So tired of Powell and the Fed Reserve theater as a whole. Go away already!

  • @johnhinant970
    @johnhinant97019 күн бұрын

    Our government is unsustainable!

  • @SewingBoxDesigns
    @SewingBoxDesigns19 күн бұрын

    To me it looks like saying the labor market is robust, is the same as saying an empty jar is 100% pure. At least in California, where we are seeing stores closing, businesses disappearing.

  • @Deed9623
    @Deed962319 күн бұрын

    With all these new government jobs Be prepared to pay more taxes to pay all the new federal employees wages, pensions and TSP match. Taxes going up or create more debt!

  • @ThatGuyOnYoutube2
    @ThatGuyOnYoutube219 күн бұрын

    Remember how this works. it is "2.6%" compared to this month LAST year. Last year, it was like 20%. Meaning from 2 years ago, its like 22.6% up. Your life will NOT become cheaper until inflation goes NEGATIVE.

  • @asw654

    @asw654

    19 күн бұрын

    Deflation almost never happens. It usually happens in depressions or major recessions.

  • @bradhaines3142

    @bradhaines3142

    19 күн бұрын

    literally after a crash ​@@asw654

  • @korkor8960

    @korkor8960

    19 күн бұрын

    It will never happen 😂

  • @Hydroxica

    @Hydroxica

    19 күн бұрын

    deflation = bad. you want your wage to close the gap but not cause inflation

  • @TheSteveKinney

    @TheSteveKinney

    19 күн бұрын

    actually... 2.6% cumulatively .. so - it's more so closer to like 24 or 25%... but that's also with their made up unrealistic measurement basket... all you gotta do is go to the grocery store to see that it's likely more closer to 100% to 200 - even 300% in some cases...

  • @rosebloom2518
    @rosebloom251819 күн бұрын

    Happy Monday Brian! Have a nice day!☀️🌺

  • @FireManTTSOM
    @FireManTTSOM19 күн бұрын

    The flag is flying upside down right now.

  • @NukSooAL

    @NukSooAL

    19 күн бұрын

    How can you tell?

  • @centex7409

    @centex7409

    18 күн бұрын

    It should. And middle fingers should be flying high.

  • @kevinvoss220
    @kevinvoss22019 күн бұрын

    They better make gas 1.99 and your McDonald’s cheeseburger meal 1.99 And your full-size new F150 under $30,000

  • @z-z-z-z

    @z-z-z-z

    19 күн бұрын

    and, 90% purity cocaine - 125.00 per 8 ball...

  • @supreme5998

    @supreme5998

    19 күн бұрын

    Uhh. You realize prices are never going to go down? That’s deflation. The inflation number is how much prices go up, and it’s still going up but it’s just slowing.

  • @Number3boyz
    @Number3boyz18 күн бұрын

    Labor market is weakening, inflation is still high. The fed is trying to break something because if they don’t and they drop rates, hyperinflation here we come.

  • @johnniefauvergue6723
    @johnniefauvergue672319 күн бұрын

    Good to know that someone in the tax business is keeping an eye on this for us. Thank you.

  • @user-rk7ly2bq5d
    @user-rk7ly2bq5d19 күн бұрын

    I see everything getting more and more expensive, idk where is inflation cooling at least not in my neighborhood

  • @shadowbanned4days

    @shadowbanned4days

    19 күн бұрын

    Choose your lube😢

  • @JaneTheDoe-id2vx
    @JaneTheDoe-id2vx19 күн бұрын

    government should get rid of borrowing money and make law that if you can’t buy it with cash you can’t afford it

  • @anthonyhernandez3400

    @anthonyhernandez3400

    19 күн бұрын

    Do you even understand what the word fiat means?

  • @AlphaDogX25

    @AlphaDogX25

    19 күн бұрын

    That's not going to work out at all

  • @leafyutube

    @leafyutube

    19 күн бұрын

    The economy would collapse without credit.

  • @flatlandg

    @flatlandg

    19 күн бұрын

    I live off credit, that would kill me 😢

  • @renardfox328

    @renardfox328

    19 күн бұрын

    That's basically impossible. However, we definitely need reform, especially regarding interest rates and credit approval for consumer spending. Far too many dumb financial decisions by the average person.

  • @jirya957
    @jirya95719 күн бұрын

    The rece**** Inside head: FuUUUUUUUUUUUUU!!!!!!!! I almost said the quite part out loud

  • @wayneqwele8847
    @wayneqwele884719 күн бұрын

    @2:56 " ..we could unnecasarily undermine the reccesi. .eh recovary" .

  • @mr.mcallister6502
    @mr.mcallister650219 күн бұрын

    Job market is mainly government jobs and low paying jobs. Just print more money and give it all away to Ukraine and illegal aliens. That should help.

  • @MB031
    @MB03119 күн бұрын

    He burned it. He said recession 😀

  • @Lagaholic
    @Lagaholic19 күн бұрын

    Government, doesn’t include food, gas and housing in inflation data. Also government: everything is becoming more affordable.

  • @grimaffiliations3671

    @grimaffiliations3671

    19 күн бұрын

    how do you not understand the difference between headline and core inflation yet? Jheez

  • @shadowbanned4days

    @shadowbanned4days

    19 күн бұрын

    Don't be soo negative

  • @Shrike1988

    @Shrike1988

    19 күн бұрын

    ​@@grimaffiliations3671how do you not understand that they make this distinction for stupid people like you?

  • @hybridduncan007
    @hybridduncan00719 күн бұрын

    Health care workers are being hours cut, and hospitals are closing floors down. So I don’t know where they look, definitely not in Florida

  • @dracodomitor6676
    @dracodomitor667619 күн бұрын

    He said it “we might undermine the recession”!

  • @1UchihaItachi
    @1UchihaItachi19 күн бұрын

    Why US government tax it's people when they can print money anytime they wish? seriously why?

  • @scottgeiser3736
    @scottgeiser373619 күн бұрын

    I don't believe that interest rates are at 2.6% every thing has tripled.

  • @ChrisC-kv4bp

    @ChrisC-kv4bp

    19 күн бұрын

    *inflation rate

  • @micker9830

    @micker9830

    19 күн бұрын

    They tripled, because inflations was much higher than 2.6% for a long time and prices skyrocketed. They are trying to stabilize the prices now, but they won't ever go down, just not up as fast hopefully.

  • @hushmoney2058

    @hushmoney2058

    19 күн бұрын

    @@ChrisC-kv4bp Putin Tax Hike... AKA Bidens policies ...

  • @dolphinfan1493

    @dolphinfan1493

    19 күн бұрын

    Inflation is the rate of change. Everything could have tripled. But if a year later it is the same price even tho it tripled inflation is now 0% UNDER the fed goal. Prices will never go back before Covid. So can everyone stop crying about that

  • @joemama69448

    @joemama69448

    19 күн бұрын

    Yeah no joke I spend almost 3x as much on groceries compared to 2019

  • @youngmilly6353
    @youngmilly635319 күн бұрын

    Thanks Brian hope all is well with you and yours

  • @do-uc6xj
    @do-uc6xj19 күн бұрын

    Sept might depend mostly on unemployment. Unemployment is low, but it's gone from 3.5 to 4.1% in the last year. The problem with unemployment is that it shoots up fast and comes down much slower. So I think if it trends up faster, like going to 4.4% by Sept, they will cut. I not, they won't.

  • @JamaicaliveboyOnelove
    @JamaicaliveboyOnelove19 күн бұрын

    The better answer is, "Let's see how longer we can starving people so our Population can be reduced

  • @Byrd21590
    @Byrd2159019 күн бұрын

    Take our time and get right means. We are going to stif the American public for everything they have.

  • @shadowbanned4days

    @shadowbanned4days

    19 күн бұрын

    Choose your lube

  • @victorandrade7940
    @victorandrade794019 күн бұрын

    I guarantee if they drop rates, people's spending will go out of control and retailers with increase prices for those record profits. They need to feel the squeeze to drop prices or maintain sustainable inflation.

  • @DCAANDPRAY
    @DCAANDPRAY19 күн бұрын

    Jerome Powell with the slip up and says Recession.

  • @question2know662
    @question2know66219 күн бұрын

    Labor market strong= more government jobs. If my grocery bill is any measure, inflation is not going down. America you are being played.

  • @edtizzard8064
    @edtizzard806419 күн бұрын

    Powell is he the one who is driving the clown car 😅😅

  • @takashikastl1051
    @takashikastl105119 күн бұрын

    He slipped up a little having a woman interview him but I get what he’s talking about. Sept is an inflection point

  • @j.tradeforexinc.2819
    @j.tradeforexinc.281919 күн бұрын

    Hey Brian 👍🏾. Thanks for the news.

  • @Kassandrasson
    @Kassandrasson19 күн бұрын

    FREUDIAN SLIP 😂😂😂😂😂😂😂😂😂 2:57

  • @es3178ify
    @es3178ify19 күн бұрын

    Sorry, all I can hear Powell say is, "Myy prrreciousss!!"

  • @derekcreative2811

    @derekcreative2811

    19 күн бұрын

    😂

  • @shadowbanned4days
    @shadowbanned4days19 күн бұрын

    Up up up. No rate cutes. No way a cut can happen. Inflation costs will BOOST

  • @mmirafuentess1990
    @mmirafuentess199019 күн бұрын

    Good morning and Happy Monday Brian! Hope you and your loved ones are doing well.

  • @ROSHAMBRO-pu5mg
    @ROSHAMBRO-pu5mg19 күн бұрын

    Freudian slip at 02:58.

  • @timgibson3754
    @timgibson375419 күн бұрын

    Congratulations on the millions of subscribers. I'm digging it

  • @aaronmcconnell4624
    @aaronmcconnell462419 күн бұрын

    I live in the Spokane Washington area, has someone who self-employed work has really slowed down and it’s difficult to get people to commit to jobs. I can vouch for a slower labour market and economy.

  • @Clintoniumer
    @Clintoniumer19 күн бұрын

    1/3 of the jobs created are government jobs. That’s not a strong job market to me. Adding billions more to the deficit with these jobs isn’t a good idea either

  • @richardgash2349
    @richardgash234919 күн бұрын

    2.6% inflation. That's the biggest joke of Monday.

  • @robertharrelson5024
    @robertharrelson502419 күн бұрын

    This interest rate lag effect is so gradual so far. It is like watching paint dry.

  • @jonathantaylor6926

    @jonathantaylor6926

    19 күн бұрын

    True but it's basically the inverse of 2008... for several years rates and home prices dropped in concert.. but eventually low rates did cause extreme home appreciation. Well the same is true now. Higher rates and higher prices.. but eventually this lag effect will catch up.

  • @autoimmunitycurse
    @autoimmunitycurse19 күн бұрын

    Dad cut up credit cards in 80's. Never used them again. Im about at that point despite paying balance off every month. Business and govt charge fees higher than rewards now.

  • @MrRockydee07
    @MrRockydee0719 күн бұрын

    The government said they're not satisfied they already took some from us but they need to come back and take the rest

  • @rickdsanchez6452
    @rickdsanchez645219 күн бұрын

    Bongards cheese I buy went up by 3$. This is since last month. 12.99 now 15.99

  • @lenalor5651
    @lenalor565119 күн бұрын

    Everything is getting worse.. I believe that we all need a job that Start at 20 plus to make a living. I remember Last year cooking oil at Walmart is only $5 now, is 10 bucks. I believe that everything is going to get worse.

  • @shadowbanned4days

    @shadowbanned4days

    19 күн бұрын

    Atleast you know where the lube is

  • @persistentintensity
    @persistentintensity19 күн бұрын

    Those of us paying attention know they are lying to us about almost everything. Inflation is on the verge of being completely out of control. Companies are laying off in big numbers or closing locations. Jobs seem to be going to non-citizens. Depression.

  • @3xpos3gov3rnm3nt5
    @3xpos3gov3rnm3nt518 күн бұрын

    He said it himself. “THE RECESSION”

  • @JulianoGSF
    @JulianoGSF19 күн бұрын

    FED must raise the interest rates and unemployment will then shoot up. There is no easy way out of this mess. Demand for goods must be tamed.

  • @VictoryXR

    @VictoryXR

    19 күн бұрын

    Bro, we all need to eat!

  • @JulianoGSF

    @JulianoGSF

    19 күн бұрын

    @@VictoryXR Some bankers already said eat less meat and more cereal. lol

  • @MOstix13
    @MOstix1319 күн бұрын

    Social Security isn’t coming close to keeping up with inflation. Seniors are getting screwed.

  • @gimpee8113

    @gimpee8113

    18 күн бұрын

    ya i heard that the increase in social security is not enf for rent.

  • @Ace1000ks19751982
    @Ace1000ks1975198219 күн бұрын

    I wish interest rates goes up to 10%, so I can just live off the interest from my savings.

  • @user-oi9qq5dn6t

    @user-oi9qq5dn6t

    19 күн бұрын

    Typical lazy boomer mentality. I guess you have a 2.5 percent interest on your mortgage as well.

  • @anthonynardella8907
    @anthonynardella890718 күн бұрын

    If the gov't keeps printing money and won't stop spending money they don't have, how do you ever lower inflation? This will never stop.

  • @MG46931
    @MG4693119 күн бұрын

    Powel is just stalling until he's given the green light. Someone(s) knows the exact date they will be cut

  • @TheHouseOfRonin
    @TheHouseOfRonin19 күн бұрын

    The fact that they keep saying inflation is only at 2.6% is all you need to know about the govt. And yes, i know its compared to last years month. Get a 2nd passport , people.

  • @gimpee8113

    @gimpee8113

    18 күн бұрын

    the whole world is like this since the multi trillions print in pandemic, the inflation also export to other countries.

  • @revellations7741
    @revellations774119 күн бұрын

    Powell looks like he got slammed by father time in that clip 😳

  • @Blinkyjedi
    @Blinkyjedi18 күн бұрын

    Only thing that could have saved our monetary system was 15-16% interest rates in 2008. We are doomed

  • @Doty6String
    @Doty6String19 күн бұрын

    people are so freaking obsessed with lowering the rates...

  • @OsoMelanin
    @OsoMelanin19 күн бұрын

    I appreciate your knowledge ✊🏾🕵🏾

  • @reginakrauser9146
    @reginakrauser914619 күн бұрын

    We are grateful for you clear cut, straight forward information @Brian. Thank you from the bottom of our hearts!

  • @hanyu2025
    @hanyu202519 күн бұрын

    Labor market is not strong