Bankrate.com Analyst Says CPI Is Far From the Fed’s 2% Destination, Gold Bug Peter Schiff Says Sub-2% Inflation Rates Are a Thing of the Past and Will Never Return
Meanwhile, Tuesday’s CPI data has investors believing the Fed will be aggressive when it raises the benchmark bank rate at the next meeting. Mark Hamrick, a senior economic analyst at Bankrate.com, thinks the inflation report for August won’t do much to convince the Fed to act dovish next week. Hamrick expects the U.S. central bank to keep the federal bank rate confined until inflation subsides.
“They want to take their benchmark rate into [economically] restrictive territory and hold it there for longer,” Hamrick. “Awaiting what Chairman Jerome Powell has said must be ‘compelling evidence that inflation is moving down, consistent with inflation returning to two percent’ … We remain far from that destination.
They will destroy themself and crypto will rise
wow so anda bdi yalo so happy
Any how 2022 is bear market We can see mini bull Run in 2023
📍📍BTC/USDT📍📍 Exchanges: ByBit USDT, Binance Futures Signal Type: Regular (Long) Leverage: Cross (50.0X) Amount: 1.0% Entry Targets: 1) 20850 2) 20300 Take-Profit Targets: 1) 21200 2) 21620 3) 22100 4) 22600 5) 23000 Stop Targets: 1) 20000
So when the dollar loses value we can expect crypto to gain value?
Unavoidable
Whyyy ain’t nobody talking about this?
Whyyy ain’t nobody talking about this?
You know you're reaching for engagement when you quote schiff
The craziest airdrop is Live 💰
Why are they keepinnnWXVG thiss a secret.?
Can’t find where I can switch ti this validator
Crazy returns in airdrop now 🎁
Why are they keepinnn thiss a secret.?
Whyyy arent anybody talking about thiss
Why is everybodyy silent on thiss?
Whyy ain’tt none bothered on talkinn about this?
How come no onee is talkinnn about this
🚀 Thnks a millon.