Former Dallas Fed President Richard Fisher reacts to April’s CPI report

Former Dallas Fed President Richard Fisher joins ‘Squawk Box’ to discuss April's CPI data, his expectations from the Fed, and more.

Пікірлер: 70

  • @benjaming.2218
    @benjaming.221813 күн бұрын

    “70% of market is driven by algo’s”…finally an honest response to the daily stupid questions by the anchors about daily meaningless price action! I like this guy!

  • @basharlawal6783
    @basharlawal678313 күн бұрын

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  • @ahmadsidi8252

    @ahmadsidi8252

    13 күн бұрын

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    @bellafonz4465

    13 күн бұрын

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    @MicheleBurkett

    13 күн бұрын

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    @bellafonz4465

    13 күн бұрын

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    @MicheleBurkett

    13 күн бұрын

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  • @joshuaburns3167
    @joshuaburns316713 күн бұрын

    They rush for deflation but when it's inflation they take their time

  • @krishsharma2556
    @krishsharma255613 күн бұрын

    He is the most logical person on CNBC

  • @user-yq7rr9lh9c

    @user-yq7rr9lh9c

    13 күн бұрын

    Logic doesn't make you money in markets ;)

  • @caliboy2498
    @caliboy249813 күн бұрын

    These CPI numbers are highly suspicious. Prices of everything from needle to plane r skyrocketing. In CA hard to get home insurance n auto insurance r up 50% to 80% without any tickets stuff

  • @Nurii07
    @Nurii0713 күн бұрын

    Thanks for the update!😊

  • @jakedoe1054
    @jakedoe105413 күн бұрын

    You want less of something tax it (payroll). You want more of something incentivise it (laziness). One of my employees doesnt want a raise because she will lose more in government assistance than the raise and new position.

  • @DBS417-cq5di
    @DBS417-cq5di13 күн бұрын

    The main issue is housing costs, without it inflation is 2.8% , Europe doesn’t count housing

  • @prolific1518

    @prolific1518

    13 күн бұрын

    Yea ignore the most expensive thing people have to pay for to survive

  • @peterdangelo5882

    @peterdangelo5882

    13 күн бұрын

    @@prolific1518 Correct its a joke. Use the 70s measure, inflation is worse than they are letting on.

  • @ssuwandi3240

    @ssuwandi3240

    13 күн бұрын

    The Fed has started to run off mortgage backed security sitting in the balance sheet, which means the market supply vs demand will determine the rental rates in conjunction with over or under occupancy.

  • @jakedoe1054

    @jakedoe1054

    13 күн бұрын

    Yea if we stop counting things that make us look bad we can trick more people into thinking we doing good. If we stop counting all those jobless people our unemployment would be 0%.

  • @pedro72246

    @pedro72246

    13 күн бұрын

    Europeans don't need housing?

  • @Dmindthinker011
    @Dmindthinker01113 күн бұрын

    At least he sounds rational

  • @method341

    @method341

    13 күн бұрын

    too bad the markets don't behave rationally.

  • @niklas4031

    @niklas4031

    13 күн бұрын

    @@method341 Never did never will if you can just print money and give markets liquidity

  • @meehanasap
    @meehanasap13 күн бұрын

    The idea that comentators suggest that Americans should tolerate more inflation, you should be worried.

  • @faizanhaque2070
    @faizanhaque207013 күн бұрын

    He didn’t answer the last question. I know he heard it “if 2% is the goal, and we aren’t there then why cut?”

  • @BrianDarcy8313
    @BrianDarcy831313 күн бұрын

    think'n we might have an opportunity here to beat up on the Euro a tad bit...

  • @user-yq7rr9lh9c
    @user-yq7rr9lh9c13 күн бұрын

    He just said nobody knows what FED policy will be and then he tries to predict the future LOL

  • @harrychu650
    @harrychu65013 күн бұрын

    Please have these "experts" explain to us how higher rates will bring down double-digit inflation for Auto Insurance and Tolls which are largely controlled by crony fiscal policy? We must vote accordingly.

  • @jamesklaatu9359
    @jamesklaatu935913 күн бұрын

    Still rising just as fast.............................

  • @harrychu650

    @harrychu650

    13 күн бұрын

    Look what is rising the most. Auto insurance and tolls. How will higher rates change that?

  • @chrisginoc
    @chrisginoc13 күн бұрын

    Higher for longer. It took this long to get to 3.6% on CPI. Sorry to burst anyone’s bubble but it will take another 12-18 months to get and stay under 2%.

  • @inertiaforce7846

    @inertiaforce7846

    12 күн бұрын

    I suspect the CPI will not go down unless interest rates go higher.

  • @chrisginoc

    @chrisginoc

    12 күн бұрын

    @@inertiaforce7846 The problem is if you look at the data, the Fed cannot push inflation down with higher rates. It’s a blunt tool. Insurance inflation? Shelter (rent) inflation? Nothing to do with the FED funds rate going higher, but will just cause more pain without fixing the problem. My home insurance doubled from 2023 to 2024 with no claims and I don’t even live close to a fire zone or any danger areas. How will the FED hiking rates help with that?

  • @inertiaforce7846

    @inertiaforce7846

    12 күн бұрын

    @@chrisginoc My insurance went up a significant amount also with no claims made and no increase to my insurance risk. Remember that inflation is just the general cost of goods and services, it's not specific to one type of good or service like insurance. It's taking an average of all goods and services supposedly. If interest rates go higher, it makes cash savings become more valuable compared to other forms of investment, and it raises the payments on existing debt and new debt. When payments go up for debtors, they don't have as much money to spend. When cash savings produces a higher return, there's less reason to take risks with investing since cash savings can beat inflation. The above reasons slow spending and therefore slow price increases. This is the theory at least.

  • @dht084
    @dht08413 күн бұрын

    You need to talk to an actual consumer who works, skippy.

  • @jeremy6528

    @jeremy6528

    13 күн бұрын

    We do. You spend. That’s why prices are pretty stagnant. 🤷🏾

  • @Relaxlifeisshort2
    @Relaxlifeisshort213 күн бұрын

    Funny if it was higher you would be freakimg out 😊

  • @PublicEn3my1
    @PublicEn3my113 күн бұрын

    Lmao they said we would get 3 rate cuts this year well folks half the year is just about over and not even 1 yet

  • @inertiaforce7846

    @inertiaforce7846

    12 күн бұрын

    Rates are going to go up

  • @rickhayes-oh2zm
    @rickhayes-oh2zm13 күн бұрын

    Slime

  • @headspaceandtiming2114
    @headspaceandtiming211413 күн бұрын

    Inflation. If it’s going up, it’s not going down. When he made a rate cut prediction, he lost all credibility.

  • @prolific1518
    @prolific151813 күн бұрын

    Absolutely nothing good about the last 2 days inflation data. Market keeps pricing in cuts that wont happen and the plunge protection team will not allow any selloff to take hold.

  • @jeremy6528

    @jeremy6528

    13 күн бұрын

    Ok Trump supporter

  • @kevinali3700

    @kevinali3700

    13 күн бұрын

    Agreed

  • @Nikodemis
    @Nikodemis13 күн бұрын

    Inflation will "hold steady" until November

  • @podangadubukus
    @podangadubukus13 күн бұрын

    Why do you come on TV , if you dint have an opinion

  • @2023gainer
    @2023gainer13 күн бұрын

    The EV sector springing forward in May. FSRN... Fisker. Added 3 new Dealerships...IDEX.. Ideanomics... Rivian...Nio...Xos Trucks.. Archer Evtol Jets and more. Filling the Dips.?

  • @123ravi94
    @123ravi9413 күн бұрын

    Markets will fall

  • @123ravi94
    @123ravi9413 күн бұрын

    Markets will fall again

  • @marcus7037
    @marcus703713 күн бұрын

    Fake numbers.. again.

  • @PeterParker-gt3xl
    @PeterParker-gt3xl12 күн бұрын

    The admin will try to window dress the economy b 4 the election; the almost surest strategy is inside knowledge; politicians try hard to protect this privilege.

  • @jaygold4467
    @jaygold446713 күн бұрын

    2% inflation target is completely ridiculous. 3-4% inflation is the new normal for a healthy economy. Get over it.

  • @krishsharma2556

    @krishsharma2556

    13 күн бұрын

    lol not when the US Dollar is the worlds reserve currency… the more stable it is the more desirable it is…

  • @benjaming.2218

    @benjaming.2218

    13 күн бұрын

    3-4 is too high for a healthy economy. 2% is a better target.🎯 High interest rates will eventually slow the economy and reduce inflation. There is a lagging effect, which you’ll see go into effect next year.

  • @user-cd3ef7nu6i
    @user-cd3ef7nu6i13 күн бұрын

    I'm favoured financially, Thank you. $32,000 weekly profit regardless of how bad it gets on the economy

  • @Mike-us1wr
    @Mike-us1wr13 күн бұрын

    2% is the target when economy grows within similar range. If economy will grow faster in the coming decades, the target of inflations has to be adjusted accordingly.

  • @dontdoitbro5495
    @dontdoitbro549513 күн бұрын

    This guy is not an insider or he is told to stay hawkish. Makes no sense what he is saying

  • @HermannTheGreat
    @HermannTheGreat13 күн бұрын

    Go back to bed grandpa

  • @softy-bf5eg
    @softy-bf5eg13 күн бұрын

    Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.

  • @TitaAnderson

    @TitaAnderson

    13 күн бұрын

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    @marlisamirabal

    13 күн бұрын

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    @Fredia-fy2xt

    13 күн бұрын

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    13 күн бұрын

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    13 күн бұрын

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