Log In

Your email is not your username

Register

If you were a member of the old Bodybuilding.com forums and would like to reuse your previous username, you can request it below. We use your email only for registration and do not store it. For more information, please see our Privacy Policy.

Confirm your email

A registration code was sent to your email. Enter it here.

Welcome

You have successfully setup your account.

Sign in

Quick Navigation Bottom Misc
Forum » Powell: Fed can maintain higher rates for "as long as needed"
  1. Results 1 to 17 of 17
  2. Page 1 of 1

Thread: Powell: Fed can maintain higher rates for "as long as needed"

post 1700028433 04-18-2024, 06:47 AM
-
#1
  1. OffwhiteBrah
  1. OffwhiteBrah
  3. Join Date: Apr 2015
  4. Location: Florida, United States
  5. Posts: 50,218
  6. Rep Power: 545472

Powell: Fed can maintain higher rates for "as long as needed"

SUMMARY OF FED CHAIR POWELL'S COMMENTS (4/16/24):

1. Recent data "shows lack of further progress on inflation"

2. Inflation has "introduced new uncertainty" on whether the Fed can cut rates later this year

3. Fed can maintain higher rates for "as long as needed"

4. Recent data has not given greater confidence on inflation

5. Restrictive Fed policy needs more time to work

Also, the average 30-year fixed mortgage rate jumped to 7.50% today. A new 2024 high!







post 1700028443 04-18-2024, 06:49 AM
-
#2
  1. BalognaNbeans
  2. Registered User
  1. BalognaNbeans
  2. Registered User
  3. Join Date: Mar 2018
  4. Age: 56
  5. Posts: 35,319
  6. Rep Power: 312457
post 1700028513 04-18-2024, 06:52 AM
-
#3
  1. MarioMiami305
  1. MarioMiami305
  3. Join Date: Jul 2022
  4. Age: 56
  5. Posts: 13,777
  6. Subscribers: 2
  7. Rep Power: 179
They can't keep rates this high ( they aren't even high historically) because there are a bunch of companies and banks that are loaded with debt and will be wiped out. Thats the reason he's planning rate cuts when inflation has risen 3 months in a row.

Imagine raising rates to the highest theyve been in over a decade and it not putting a dent on inflation.

Brutal federal reserve L.
-germ theory is 100% fake
-raw meat , raw eggs , raw butter, raw milk everyday crew
-no alcohol crew
-moisturize with butter and wash face with milk crew
post 1700028543 04-18-2024, 06:53 AM
-
#4
  1. OffwhiteBrah
  1. OffwhiteBrah
  3. Join Date: Apr 2015
  4. Location: Florida, United States
  5. Posts: 50,218
  6. Rep Power: 545472
Originally Posted By MarioMiami305⏩
They can't keep rates this high ( they aren't even high historically) because there are a bunch of companies and banks that are loaded with debt and will be wiped out. Thats the reason he's planning rate cuts when inflation has risen 3 months in a row.

Imagine raising rates to the highest theyve been in over a decade and it not putting a dent on inflation.

Brutal federal reserve L.
fuk off from my thread queer
post 1700028793 04-18-2024, 07:04 AM
-
#5
  1. 4g64fiero
  2. Registered User
  1. 4g64fiero
  2. Registered User
  3. Join Date: May 2011
  4. Age: 40
  5. Posts: 2,685
  6. Rep Power: 5633
Originally Posted By MarioMiami305⏩
They can't keep rates this high ( they aren't even high historically) because there are a bunch of companies and banks that are loaded with debt and will be wiped out. Thats the reason he's planning rate cuts when inflation has risen 3 months in a row.

Imagine raising rates to the highest theyve been in over a decade and it not putting a dent on inflation.

Brutal federal reserve L.
Those are zombie companies that deserve to dissolve. They are not a product of a capitalist system but of extravagant overreach.

The rates need to go up high enough to stifle development. If anything, the FED is dragging their feet on this hard. Rates should be two points higher by now.
Jesus wasn't a pacifist
post 1700028803 04-18-2024, 07:05 AM
-
#6
  1. backinbusiness
  2. Pronoun: Phaggot/Genius
  1. backinbusiness
  2. Pronoun: Phaggot/Genius
  3. Join Date: May 2007
  4. Location: Arizona, United States
  5. Posts: 16,075
  6. Rep Power: 62954
we've peaked stock market boys as of last week, heard it here. 20% correction over the next 60 days
Misc Firearm Crew. 2nd Amendment cannot be Interpreted.
The right of the people to keep and bear arms, shall not be infringed.
2023 Goal: Continue triggering leftist R&P deranged posters and incels.
Never relax around joggers
post 1700029003 04-18-2024, 07:13 AM
-
#7
  1. MarioMiami305
  1. MarioMiami305
  3. Join Date: Jul 2022
  4. Age: 56
  5. Posts: 13,777
  6. Subscribers: 2
  7. Rep Power: 179
Originally Posted By 4g64fiero⏩
Those are zombie companies that deserve to dissolve. They are not a product of a capitalist system but of extravagant overreach.

The rates need to go up high enough to stifle development. If anything, the FED is dragging their feet on this hard. Rates should be two points higher by now.
There are a ton of banks that are loaded with debt that are insolvent

Just remember if we get a financial crisis, we won't be able to bail these banks out again. We already have an inflation problem, the Fed gonna print more money for bailouts?

Were literally headed for a huge financial crisis and the rise in gold proves this.

Game over for the fed.
-germ theory is 100% fake
-raw meat , raw eggs , raw butter, raw milk everyday crew
-no alcohol crew
-moisturize with butter and wash face with milk crew
post 1700029133 04-18-2024, 07:17 AM
-
#8
  1. SaltyDog920
  2. Certified jawstethics
  1. SaltyDog920
  2. Certified jawstethics
  3. Join Date: Feb 2014
  4. Posts: 14,307
  5. Subscribers: 1
  6. Rep Power: 161966
We're building back better, boyos!
post 1700029383 04-18-2024, 07:25 AM
-
#9
  1. 4g64fiero
  2. Registered User
  1. 4g64fiero
  2. Registered User
  3. Join Date: May 2011
  4. Age: 40
  5. Posts: 2,685
  6. Rep Power: 5633
Originally Posted By MarioMiami305⏩
There are a ton of banks that are loaded with debt that are insolvent

Just remember if we get a financial crisis, we won't be able to bail these banks out again. We already have an inflation problem, the Fed gonna print more money for bailouts?

Were literally headed for a huge financial crisis and the rise in gold proves this.

Game over for the fed.
Hopefully the fed doesn't and they fail. We all know that will never happen, but the closer we get there, the better.
Jesus wasn't a pacifist
post 1700030373 04-18-2024, 07:52 AM
-
#10
  1. Komytea
  2. Anjunadeep
  1. Komytea
  2. Anjunadeep
  3. Join Date: Aug 2014
  4. Posts: 3,820
  5. Rep Power: 23537
Sad!
post 1700039653 04-18-2024, 12:24 PM
-
#11
  1. OffwhiteBrah
  1. OffwhiteBrah
  3. Join Date: Apr 2015
  4. Location: Florida, United States
  5. Posts: 50,218
  6. Rep Power: 545472
Could be a decade before we ever see sub 4% mortgage rates again for all we know, it's literally fkn over for rent-cels as they will need to be renters forever
post 1700042393 04-18-2024, 01:47 PM
-
#12
  1. claudio_snchz
  2. 2113
  1. claudio_snchz
  2. 2113
  3. Join Date: Nov 2007
  4. Posts: 826
  5. Rep Power: 23189
Our economy is a massive house of cards. What will be the first card pulled out that triggers the entire fall? I've been racking my brain trying to figure out what it could be, because there is always a "linchpin" that gets pulled out, something that triggers it.
see multiplemiggs sig

Pureblood Crew
post 1700043143 04-18-2024, 02:09 PM
-
#13
  1. Destor
  2. Registered User
  1. Destor
  2. Registered User
  3. Join Date: Apr 2012
  4. Location: Alberta, Canada
  5. Age: 41
  6. Posts: 43,481
  7. Rep Power: 254906
Even when they do cut the Fed Funds rate it’ll probably only be to like 4%, and treasury yields probably won’t come down at the same pace
post 1700043773 04-18-2024, 02:19 PM
-
#14
  1. theraskal
  2. Registered User
  1. theraskal
  2. Registered User
  3. Join Date: Apr 2023
  4. Age: 56
  5. Posts: 2,957
  6. Rep Power: 7633
Boom/Bust Economic Cycles. It's a thing. Peaks and Valleys. Upper-Middle-to-High-Income Jonsers living the paycheck-to-paycheck LifeStyle-Inflation BiggerHouse, More Expensive Automobile than needed, and MORE TOYS will always get caught in the rain without an umbrella when the BUST happens again......
post 1700044023 04-18-2024, 02:27 PM
-
#15
  1. havoc00
  2. Former 40OZ King
  1. havoc00
  2. Former 40OZ King
  3. Join Date: Mar 2009
  4. Posts: 141,933
  5. Subscribers: 9
  6. Rep Power: 567051
Buy gold morons
post 1700044043 04-18-2024, 02:28 PM
-
#16
  1. TKDbrah
  2. Registered User
  1. TKDbrah
  2. Registered User
  3. Join Date: Apr 2024
  4. Age: 56
  5. Posts: 137
  6. Rep Power: 737
Originally Posted By claudio_snchz⏩
Our economy is a massive house of cards. What will be the first card pulled out that triggers the entire fall? I've been racking my brain trying to figure out what it could be, because there is always a "linchpin" that gets pulled out, something that triggers it.
commercial real estate and whatever jew machinations were used to finance it
post 1700044253 04-18-2024, 02:33 PM
-
#17
  1. ChewYourFood
  2. ▪█───────█▪
  1. ChewYourFood
  2. ▪█───────█▪
  3. Join Date: Aug 2012
  4. Posts: 10,731
  5. Rep Power: 89931
Just lmao at people who talk about rate cuts....

The economy is being held together with string and boogers. What they need to do will crash the economy. Just trying to drag it out past this next election...
Quick Navigation Top Misc
Bookmarks
Digg.com
Digg
del.icio.us
del.icio.us
Stumbleupon.com
StumbleUpon
Google.com
Google
Facebook.com
Facebook
Posting Permissions
  1. You may not post new threads
  2. You may not post replies
  3. You may not post attachments
  4. You may not edit your posts