Fox Business, Released on 8/17/22
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BIDENFLATION: Sky-high inflation is here to stay — so brace for the Fed to stick to its guns on tightening, renowned economist says. “I don’t think a very soft touch of very mild increases in interest rates will put a stop to what is going to be an ongoing inflationary pressure.”
The economics of living are getting absurd. pic.twitter.com/jMPqIAIZvF
— Wall Street Silver (@WallStreetSilv) August 17, 2022
Biden Inflation Act Promises Tax Credit Worth Up To $7,500 For New Electric Vehicle Buyers – Ford Increases Price Of Electric Vehicles!
Low velocity of money is a problem when you are trying to kick start growth (what we have had in the last decade). Now as the Fed tries to slow things down, velocity has started moving up again. This IMO will be another inflationary problem pic.twitter.com/44gps31ZC3
— Gianluca (@MenthorQpro) August 18, 2022
While the #Fed is trying to #tighten monetary conditions to slow #inflation, the #market is undoing that work meaning the Fed will have to go further than expected to achieve its goal.
Financial conditions have eased markedly over the last month. pic.twitter.com/WdUhnbchXv— Lance Roberts (@LanceRoberts) August 18, 2022
The Fed Pivot is Dead — June Fed Fund Futures Rates now trading higher than February Fed Fund Futures Rates pic.twitter.com/NsXsq6lOrX
— Michael J. Kramer (@MichaelMOTTCM) August 17, 2022
FED’S BOWMAN: SOME RETIREES MAY FEEL COMPELLED TO RETURN TO WORK DUE TO INFLATION
— *Walter Bloomberg (@DeItaone) August 17, 2022
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