Hang on, interest rate cuts could be on the way
According to the Bureau of Labor Statistics, annual inflation in America, which is broadly measured by the Consumer Price Index, fell to 3% in June. As inflation continues to fall and become more manageable, the possibility of interest rate cuts are back on the table - potentially coming as soon as September. Ali Velshi breaks down how the Federal Reserve makes these decisions and what they mean for you.
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#InterestRates #Inflation #Economy
Пікірлер: 51
Just went shopping, omg, lets go Brandon
The economy is only exceptional for richfolk, us working class folks are barely surviving
Just in time for the election how convenient. Still the inflation rate is 3% (that’s 50% higher than the Fed target). So why are they going to lower the Fed rate?
@goolsen5630
Ай бұрын
What are you talking about.
@RegebroRepairs
Ай бұрын
They are lowering the fed rate because inflation has gone down. They raised it because inflation went up. This isn't exactly rocket science.
@xzurse5641
26 күн бұрын
They've been talking about this for 2 years, it was a slow steady process dude, what are you talking about.
@HitsTownUSA
26 күн бұрын
@@xzurse5641 the Fed target for inflation is 2%. If you are trying to reach that target then you shouldn’t be lowering the Fed rate yet.
Desperation piece.
@RegebroRepairs
Ай бұрын
Times are desperate.
Yeah, let's hope...
@eugenefirebird8938
Ай бұрын
Low rates = high prices. I hope NOT.
@RegebroRepairs
Ай бұрын
@@eugenefirebird8938 If you are looking to buy real estate this year, then yeah, you probably should find something now.
24 comments -- only 12 show. The rest are blocked by big brother tech.
Things are definitely headed in the right direction. Better to keep moving forward with Biden, rather than retreating into the darkness.
@muddywater4505
Ай бұрын
You must be joking
@jaytaylor2312
Ай бұрын
😂😂😂 Forward? A country doesn’t move forward with a dementia patient they forget
@SinkrSwim
Ай бұрын
Biden led us out of the covid pandemic better than most of Europe. Considering Donald is proposing 10% taxes on everything according to his rally speeches last month I'm not sure how he will fix anything if inflation is guaranteed to start at 10% under Trump just so rich people can buy more property and raise rents more.
@goolsen5630
Ай бұрын
@@jaytaylor2312You mean like trump.
@eugenefirebird8938
Ай бұрын
pure delusion
Accapt the CPI stopped including coffee on its list because ot kept bringing that inflation rate up to 6.7%.
@theonlyconformist
Ай бұрын
That's complete nonsense. Coffee would have to double in price and be 2/3rds of the economy for it to cause inflation to go up that much
@stevestoll3124
Ай бұрын
@@theonlyconformist coffee has tripled in cost. The CPI looks at individual items such as milk, eggs, meat and coffee, it compares it to previous years.
*The rates should have never been raised to begin with😡. The only ones it effects are the small business and everyday citizens🤬. Meanwhile corporations buy up everything in sight with no competition or accountability🤬.*
@RegebroRepairs
Ай бұрын
Well, OK mr Economics Professor, maybe you should write a paper on that, backed up by research and simulations?
@lynnrunningdeer7364
Ай бұрын
@@RegebroRepairs 🙄😑. No need when even Robert Reich agrees with me😋. Also it's not rocket science. Look at the tax system when taxes for them were in the more than 50% range and profits as opposed to now. Who ties your shoelaces memaw?
Why won't Joe take the test TRUMP made another offer to Biden Joe should immediately take a Cognitive Test, and I will go with him, and take one also. For the first time we’ll be a team, and do it for the good of the Country….And from now on, all Presidential candidates should be mandated to take a Cognitive Test and Aptitude Test, regardless of their age!!!
@goolsen5630
Ай бұрын
Who cares, president Joe Biden is still a better person than trump will ever be.
@lynnrunningdeer7364
Ай бұрын
You mean that A.D.D test it keeps bragging about passing. That's nothing to brag about😅.
Progress take time. Im voting Biden 2024.
LIARS
💙 VOTE BIDEN-HARRIS TO STOP CORPORATE GREED AND STRENGTHEN THE MIDDLE CLASS 💙
@batoketo1210
Ай бұрын
Cuba, China, Russia, North Korea, Vietnam has no corporate greed 😂
@LoveWins-xv9lm
Ай бұрын
@@batoketo1210 Just FYI, we're talking about two totally different subjects, Dear. 💙💙💙
Let's go back to zero
"Yeh Rate Cuts keya hote hai? "
Inflation needs to be negative 5% for 5 years to get prices back to normal. They need to reverse that inflation. And they leave out house prices altogether from their fake inflation number since the 1990s. House prices are the most important to keep prices in check and they do not. High house and rent prices are what destroy our standard of living the most.
@RegebroRepairs
Ай бұрын
"They need to reverse that inflation." Deflation is just as bad as inflation, if not worse, so no.
@eugenefirebird8938
Ай бұрын
@@RegebroRepairs No to you. I hope your fake inflated asset prices drop to real value. Your money for doing nothing is over.
@eugenefirebird8938
Ай бұрын
@@RegebroRepairs No to you
@RegebroRepairs
Ай бұрын
@@eugenefirebird8938 To everyone. Try again.
It's not hard to be in the ballpark, inflation wise, when you cherry pick the data!
@goolsen5630
Ай бұрын
No one is cherry picking anything, that is across the board.