The Federal Reserve has come out of its two-day FOMC meeting deciding to keep interest rates unchanged between the target range of 5.25-5.5%. The decision...
between the target range of 5.25-5.5%. The decision marks a two-decade high for the sixth straight meeting to keep rates this high. The debate as to when or if the Fed will cut rates continues to rage on in anticipation of its next meeting.
Klingelhofer argues that the Fed is"going to have to be data-dependent. I do think that we are seeing slowing in the underlying economy and that will feed through a re-slowing of inflation. But the Fed has created a very sticky inflation on the back of the focus on unemployment andBerry, on the other hand, argues:"I think there is an issue here around, let's look at the mandate of the Fed: 2% inflation target for maximum possible employment under the circumstances.
Stormy Daniels’ Attorney Tells Jurors Of Hush Money Payment And His Suspicion That Trump Was The One Who Funded It NewsmaxPresident Joe Biden’s eating habits are no longer just the subject of Fox News host Jesse Watters’ invaluable scrutiny, after Newsmax host Eric Bolling grew increasingly angry Monday with the president eating salad at the White House Correspondents’ Dinner over the weekend.Bolling, channeling his inner Sean Hannity, concluded his opening monologue by saying that Biden isn’t fit enough for the job he holds.
Manager Jeff Klingelhofer Market Domination Cut FOMC Meeting
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