The labor market is doing strong only because people are working 2 to 3 jobs to afford to live

@leobardogaribay1764

20 күн бұрын

As someone who just started his 2nd job in order to afford housing, I agree haha.

@Minos-Charge

20 күн бұрын

White colour is suffering, and no business is debt financing therefore result laying off and hiring freezes.

@arrinletourneau

15 күн бұрын

@@Minos-ChargeWhite collar is struggling because of their own stupidity and greed. They artificially inflated pricing and cut jobs to inflate their profits and now are shocked We The People are done with it?

@filipszyga7394

Күн бұрын

You have too much capital contentration in US. Working American needs to struggle and as renteers get more from stock and properties. Why anti-truns bill is not the thing as it was in Rockeffeler period? US is doomed by big tech domination.

But but my realtor said 6 rate cuts 😂😂😂😂😂😂

The fed has certainly made considerable stable HIGH prices for the American people. Good job

One bedroom apartment, no parking spaces $3500. Gasoline $7.00 per gallon. One dollar tacos, now $5.00 each. Biden and Kamala ; "The economy has never been better"

@wetter4293

15 күн бұрын

Deny deny deny!

@Zombie_13x33

15 күн бұрын

tell a lie and lie often and it will become reality..... hitler..

@jtrader9946

13 күн бұрын

How is thhat on Biden when you are looking on video on the person who did it which was appointed by Donald trump. He said inflation wasn't high so he didnt need to raise rates back then he also said it wa stationary and would fix it self and look at him now he was asked do this bu trump if u ask me

This is THE END of first time home ownership and the slow death of the middle class in a generation.

@snwbm

20 күн бұрын

And yet we are at a record of 62% of Americans owning houses.

@engineered-mind

18 күн бұрын

@@snwbmhow many of those will lose their homes in a year or 2

@toomanypogs6844

15 күн бұрын

You will eat the bugs.. and you will enjoy it

@Seanpfree

15 күн бұрын

@@snwbm check the current sales

It’s expensive to be poor. American 1099 trucker earning 55k a year and working over 48 hours a week.

@johno2504

10 күн бұрын

Then open up a company, get paid 1099 to business bank account, get business credit card, build credit and then buy your own truck/trailer on loan, and you won’t have to pay taxes and you’ll make more. Don’t be a victim, adjust. Or go into a higher paid trucking job, they are there but they include hard labor and increased risk. Complaining will do nothing for you.

So from 6 rate cut to no rate cut.

Unsure and uncertain is all I hear….its all they know!

Strong commitment to 2% inflation lol. It’s averaged 11.9% for 4 years. If rates can’t go down they have to go up.

A bunch of BLAH BLAH.... I'm so over all this crap the government is doing. No one can afford a house anymore with these insane interest rates.

@user-yc7ws9jp9g

20 күн бұрын

And afford a apartment.

Huh so every American needs a 2% raise to keep up with inflation?

@kel2808

20 күн бұрын

during covid it had a 23% increase in inflation, plus 6 the following year plus 5 the following year plus 5 plus 5 so total is like 40% in total since then. thats why you lost 40% of your purchasing power. a meal for two is bout 40-50$ now in california atleast. before it would be 20$ or so and it goes up over every year. if your job didnt increase by 40% then you've lost 40% over your income. thats why housing food utilities and gasoline prices keep going up priced exactly to how inflation has gone up. this also doesnt go down either unless people start getting their money and throwing it into the ocean and restart the fiat system to where theres no more circulating dollars which isnt possible. you can fight it by buying stocks or bitcoin. your choice of weapon to fight. but people dont understand it nor will they precipitate in the fight. normal people just work and put into their 401k and pension which the 401ks and pensions use financial advisors to gamble with the money they put in and give them a matching mechanism.

@brandonjensen5292

20 күн бұрын

@@kel2808inaccurate

No rate cut until 2034

@michaelhutchings6602

Күн бұрын

Based

Blah blah blah

"2% over time" just means the Political Reserve will keep moving the goalposts to get Biden reelected.

@footballstats9127

20 күн бұрын

That s not what ge said and it s too late for that

@Maga-is-desperate

20 күн бұрын

Pure BS!

@kmac2789

13 күн бұрын

Biden will get reelected because he's facing Trump.

How do you factor in the amount of money that will be put out of circulation in the US with every immigrant that did come to work and that will sacrifice themselves here to send much needed money back to their families in another country? It is honorable to maintain their loved ones there, but every dollar earned here but not spent here is a deficit to the economy.

Where does 2% goal come from 😂

@wall57805

18 күн бұрын

we can make it a 5% goal but then you would be homeless in 8 years

@user-ql5tk6uk3e

16 күн бұрын

@@wall57805not if you increase wages by 5%

@QuantApplicantMattKulis

8 күн бұрын

At least its under 3 lol

Wow! Does the Federal Reserve not understand the extreme high cost increases of residential home prices and rentals, and food? Does the Federal Reserve not understand the connection between high interest rates and these high cost of living?

If JP had started increasing rates 12 to 18 months sooner we wouldn’t have a problem of this magnitude now.

@jakw97

20 күн бұрын

Yes we would

@charleswhitman8614

20 күн бұрын

Yeah, we still would.

BASEL3 IS IMPORTANT TO FED..AND PART OF BASEL3 IS GOLD AS A TEIR 1 ASSET

I think another rate increase would be wise. Inflation is starting to look sticky and employment is strong enough to handle it.

MAXIMUM EMPLOYMENT IS NOT LOW UNEMPLOYMENT lol FED is wanting the unemployment to go up and then they will consider cuts! He can’t say that but he did technically say it in this meeting.

This certainly sounds good too, but I think it's still worth considering more reliable options like copy trading platforms such as Eledator, for example.

Arrest this man.

Who is the blame of high inflation?

@jhonybighorn7683

20 күн бұрын

Priting more money without creating more goods, crate biger money suplay but not more products to spend on it. Buy take in out money out of the economy make money stronger and more valuable.

@jamesadd4566

20 күн бұрын

@@jhonybighorn7683 The name goes by the name start with Joe???

@geckobrah4201

20 күн бұрын

Brandon and his cohorts. Don’t forget to VOTE in November!

@wongmingyau1352

16 күн бұрын

High interest rate causes high inflation, think of the good old days low interest rate & low inflation

Incredible that people give this Gov official any credibility. If you need to take out alone because of a few basis points or if your investment decision is based on this - U ARE INVESTING IN A OVER PRICED MARKET & U WILL PAY AT THE END.

I think Powell is dodging the issue of illegal immigration contributing to the increasing inflation with the taxpayers money being re-directed to sustain those migrants instead of utilizing those resources to offset other issues that are pushing inflation higher.

what if he's wrong?

Inflation target should be 0% for a few years to make up for the excessive inflation over the past 2-3 years. Make it average out.

who cares what he is saying, lets go to 6,000 baby!!!

@prolific1518

20 күн бұрын

Goofy

One good thing,the price of gold will drop, thanks FED 😂

iF YOU REALLY WANT TO SOLVE THE ISSUE PAUL, WHY DON'T YOU CLOSE THE FEDERAL RESERVE? BEFORE YOUR OFFICE WAS A THING THIS COUNTRY WAS DOING GREAT!!!

@snwbm

20 күн бұрын

We had 2 major Depressions and multiple recessions before the Fed and bank accounts were not guaranteed. The fed uses a few tools for these mandates. Before the Fed there were no tools and no mandates.

@SerenityES

20 күн бұрын

Hes the front man for the Trillionaire bankers who really run the world

@kamilodiamond

20 күн бұрын

​@@snwbm For the pre-FED period (1790-1913), the average annual inflation was 0.4 percent. Meaning the mandate "keep prices stable" was guaranteed by the legit FREE MARKET. The biggest depressions: Great Depression of the 1930s, the stagflation of the 1970s, or the financial crisis of 2008 which led to ~25% unemployment, happened with FED in charge. What are you exactly saying is the benefit of an entity that steals the economic energy of the average Joe by creating money out of thin air, and it is not federal, nor has any reserves? Please elaborate.

Just raise it to 10 percent and we can see a massive drop in prices.

He is like a robot saying the same thing over and over again

@SantosSantos-bf5sz

20 күн бұрын

They brought it down from 9% to 3.5%.

@prabinprabhakar4687

20 күн бұрын

@SantosSantos-bf5sz the major decrease happened by q3 of 2023 , all the rest of announcements are very similar and no change

@SantosSantos-bf5sz

19 күн бұрын

@@prabinprabhakar4687 Greenspan was a cure for insomnia.

@prabinprabhakar4687

19 күн бұрын

@SantosSantos-bf5sz I sleep quite well irrespective of what happens in the market as I am financially secure ..why don't u start prescribing medication as a side hustle to sleep well at night🙂

@SantosSantos-bf5sz

19 күн бұрын

@@prabinprabhakar4687 I am fin secure too, and not a wall st leech.

just lower the rates , companies are still gonna keep raising prices

@erickanter

20 күн бұрын

No rate cut. Those lunatics don't get it.

The labor market isn't strong for many highly skilled technical professions. Too many base level jobs, too few jobs for the highly trained.

Inflation is accumulative, your money is worth 20% less than just three years ago . Blame it on whatever you want but poor people are being destroyed by inflation. Inflation is a tax on the poor . You could say inflation is a 20% tax on the poor .

After these all market are collapse

Everything is marked-up no laughing matter of you ask speaking for all of us on fixed income 😢😂

BS, LIFE was BETTER under TRUMP!!! VOTING PRESIDENT TRUMP 2024!!! PERIOD!!!

This is a secret signal cough to his pals 0:53

@SerenityES

20 күн бұрын

Definitely seemed so

Lies

🕊🕊🕊

Well at least Migrants, Ukraine, and Israel are getting major help.

genz is dead with high 1000% up in every asset all worth nothing.

You can get AI to generate a deep fake... But man when it comes to numbers... Way too hard for AI. They're just not good at numbers. 😊

Jerome is fighting inflation himself - the president is sleeping lol

Cap profit margins. No more 1000% markups

Bakdoor rate cut by slowing the runoff. All for the benefit of Uncle Sam who can't stop borrowing.

Bitcoin

I always got fired, when I screwed up on the job. Will all these wall st pundits, media shills (eating your own vomit), stock brokers,etc lose your jobs? HAHAHAHAHA, not. The deafening 24/7 chorus (Thanks to Bloomy) vomiting ad nauseam,for months . 5 OR 6 RATE CUTS THIS YEAR?, can choke on your own words. PIVOT, RATE CUTS, PRINT. Back to the drawing board, and report on how you still have jobs, eating your own vomit.

He saying a bunch of nothing!!!

Capitalism collapse

He’s a puppet

buy BTC while these boomers continue to break the economy

It could be the 100 billion dollars you just gave to Ukraine 😑

What if the smallest monetary units were not printed by a central Bank, were very resistant to Censorship, had a Fixed Supply which would become exponentially more different to change over time and also had increasing Purchasing Power over time 🤔😯😲🤯🤠🥹🤠🍊🍊🍊. What if everything was priced in these units and Published on the Blockchain that was also very resistant to Censorship. i wonder what the value of that Monetary System would be and the Value of the Sovereignty produced by it...would i care what any Central Bank would do or say in such a System ?