/biz/ - Business & Finance

>federal reserve jews:
>"Inflation is because of the supply chain! Once it's resolves everything will be fine, it's transitory!"
>core inflation is the most bearish thing in the market right now
>they are now trying to chase it without crashing everything
good job

>fed is convinced inflation is transitory because of the supply chain and will magically come back down
>now trying to play catch up without crashing the economy
Reminder that central banks are the enemy of mankind and anyone who says differently is a huge jew

>the Fed is not going to ease interest rates again until that blue line is underneath the yellow line. Inflation either has to collapse, unlikely to happen very quickly, or interest rates need to go way up and stay there for awhile. In fact the Fed target rate is 2% inflation- so we are likely in for pain until it not only gets below the yellow line - but until the blue line gets close to 2%

>September 2022 CPI data are scheduled to be released on October 13, 2022, at 8:30 A.M. Eastern Time.

The amount of money printed in 20-21 was so reckless. Half the PPP loans were straight cash grabs. Pissed away billions of dollars fresh off the printe