Here we go!

[Capt Ron 1]

Fed raises interest rates for first time in 3 years, projects 6 more hikes as inflation soars

The Federal Reserve on Wednesday announced it will raise rates for the first time since 2018, bringing to an end the ultra-easy monetary policy put in place two years ago to prop up the economy through the COVID-19 pandemic.

www.foxbusiness.com

The cool down has begun. Have been in retail sales management for 35 years...we ae the pulse of the economy....Hope everyone protected their investments

 

[DCandtheUTBand]

Fed raises interest rates for first time in 3 years, projects 6 more hikes as inflation soars

The Federal Reserve on Wednesday announced it will raise rates for the first time since 2018, bringing to an end the ultra-easy monetary policy put in place two years ago to prop up the economy through the COVID-19 pandemic.

www.foxbusiness.com

The cool down has begun. Have been in retail sales management for 35 years...we ae the pulse of the economy....Hope everyone protected their investments

Well Volker did this and it helped in the 80s.

But Biden is no Reagan. There is no Thatcher or JPII.

Zelenski might be the new Lech Wałęsa and Olaf the new Helmut Kohl

There are no tax cuts, pro energy policies, pro business policies, or a focus on R&D.


And they (FED) have never shown the ability to time their action. They overshoot.

 

[Capt Ron 1]

Well Volker did this and it helped in the 80s.

But Biden is no Reagan. There is no Thatcher or JPII.

Zelenski might be the new Lech Wałęsa and Olaf the new Helmut Kohl

There are no tax cuts, pro energy policies, pro business policies, or a focus on R&D.


And they (FED) have never shown the ability to time their action. They overshoot.

Could not agree more..unfortunately...the economy is on the way down

 

[WW HEISENBERG]

I've said for a while the FED messed this up terribly. They should have raised rates when they had the chance. They are screwed now.. Hello stagflation.

 

[Sunburnt Indian]

I've said for a while the FED messed this up terribly. They should have raised rates when they had the chance. They are screwed now.. Hello stagflation.

Feb. retail sales were down. A guy on CNBC told me yesterday, when stock markets see March retail sales see people buying only food and gasoline, stock markets won't like it.

 

[instaGATOR]

Fed raises interest rates for first time in 3 years, projects 6 more hikes as inflation soars

The Federal Reserve on Wednesday announced it will raise rates for the first time since 2018, bringing to an end the ultra-easy monetary policy put in place two years ago to prop up the economy through the COVID-19 pandemic.

www.foxbusiness.com

The cool down has begun. Have been in retail sales management for 35 years...we ae the pulse of the economy....Hope everyone protected their investments

My coffee can buried in the back yard is still safe and secure.... 😁

 

[Capt Ron 1]

Mortgage rates are now over 4%. That did not take long.