Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

BREAKING: The FED Announces Closed Meeting to be Held Monday Morning Under Expedited Procedures
The Gateway Pundit ^ | 2-13-2022 | Joe Hoft

Posted on 02/13/2022 8:13:31 PM PST by bimboeruption

The FED announced over the weekend that it has scheduled a closed meeting for Monday morning.

TGP reported on this on Thursday.

The FED has scheduled a meeting for tomorrow morning at 11:30 am.

On Friday morning The Gateway Pundit reported that the Fed was going to increase rates on either Friday or Monday. The rates stayed the same on Friday so tomorrow’s meeting might be scheduled so the Fed can increase rates. Inflation is out of control and the Fed now feels it has to do something.

If the Fed does increase rates, this will be only the second time they did so this century under a Democrat President. The only other time the Fed increased rates under a Democrat since 2000 was in 2016 after keeping rates at 0% under the first 7 years of Obama’s terms in office.

The Fed increased rates massively under both President Bush and President Trump. But of course, the Fed is non-biased.

Tomorrow may be a big day for the markets. We will see…


TOPICS:
KEYWORDS: bloggers; federalreserve; hoftbloviating; interestrates
Navigation: use the links below to view more comments.
first previous 1-2021-37 last
To: Captain Peter Blood
Interest rates will have to go up a minimum of 1000 basis points, the government would have to balance the budget and austerity will be in.

Riots will be in when they cutoff EBT cards and Section 8, followed shortly by heads on poles when Social Security and Medicare are reduced or abolished.

21 posted on 02/13/2022 9:02:42 PM PST by pierrem15 ("Massacrez-les, car le seigneur connait les siens" )
[ Post Reply | Private Reply | To 14 | View Replies]

To: reed13k

Absolutely correct almost no one understands this


22 posted on 02/13/2022 9:11:29 PM PST by genghis (Cathinkngact only reason go after puthan 5nu0 inbbiedComlpln)
[ Post Reply | Private Reply | To 2 | View Replies]

To: bimboeruption

“Recession already started? How about the Fed stops quantitative easing FIRST & stops buying bonds before it considers hiking rates. The inflation mostly is from regulatory changes & supply chain problems along with fiscal stimulus. Some people think we need a recession to kill demand for labor to drive down wages, but a recession now would mean $2 trillion deficits & would not make inflation go away, because of course, the Fed would have to ease again if the real estate market & stock market crashed..Stalinist Covid19 shutdowns that caused business failures & bankrupcies & broke landlords unable to fix, repair, raise rents….means tight money is not the answer at all. Let the shutdowns be lifted & the suppy chains fixed and the economy will grow out of the inflation, like it did under Trump. A lot of fiscal stimulus & supply shortages drove up prices. Biden scrapped Trump’s arms deal with Saudi Arabia first week in office, making them an enemy. Iran is not helping us by juicing oil supply. The Fed was in new territory, dealing with artificial shutdowns causing layoffs. They chose to make sure economic panic did not set in with the Covid19 panic, causing housing & stock market crashes like from 2008-2011. We do NOT need that. Austrian school hawks always are wrong. They think recessions are not as bad as inflation, but the 1981, 1990, 2001 & 2008 & 201o recessions have led to a Leftist takeover, as Marxists convince more & more voters that capitalism is unstable, does not work, is not fair & equitable & hurts lower wage blue collar workers most. People who just climbed to their feet & recovered from the 2001 & 2008 & 2010 recessions will have low seniority again & will get knocked off their feet again——and then they will look to GOVERNMENT to keep them from being homeless & starving to death. “—- —-( a friend’s opinion)


23 posted on 02/13/2022 9:13:42 PM PST by Beowulf9
[ Post Reply | Private Reply | To 1 | View Replies]

To: bimboeruption

The market has already priced in 4 rate increases.


24 posted on 02/13/2022 9:36:59 PM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
[ Post Reply | Private Reply | To 1 | View Replies]

.
.
The Bond Market is already raising rates. The FED has to follow.


25 posted on 02/13/2022 10:00:08 PM PST by SaxxonWoods ("If you see no reason for giving thanks, the fault lies in yourself." - Minquass)
[ Post Reply | Private Reply | To 24 | View Replies]

To: PGR88

Not true. 1970s stagflation was the result of anti wealth and anti business/capitalism liberal tax and regulatory policy. The Fed allowed the inflation because it was better than a DEPRESSION. It took Reagan’s tax and regulation changes to get economic growth and lower inflation….increasing competition and innovation. The recession was not necessary. I believe the Fed was favorable to Carter and Democrats and hostile to Reagan. It kept Carter out of Depression , then shackled Reagan by recession which caused Reagan to lose big in the midterms. Volcker did NOT have to do what he did. Supply side economics only can work if the money supply grows fast with the economy. The economy cannot grow fast unless the money supply grows fast because money is the fuel that drives economic growth. That is what capitalism IS. That is how a rising tide lifts all boats—-more money being created but NOT more inflation. More goods and services. More competition and innovation. The money supply grows faster to accomodate faster growth, but without more inflation….therefore, you are taxing a bigger and bigger monetary bases, which is why and how you can get to a budget surplus with lower tax rates—-as long as the Fed does not try to use the brakes as the cooling system of the engine to keep it from overheating. The Fed is supposed to be like fuel injectors, not the brakes and gas pedals…..and the brakes are not the cooling system. You do not jam on the brakes to keep the car from overheating and not all cars are alike. 1970s was like a Yugo car. Trump’s economy was like a Cadillac, cruising 70mph in control and nowhere near the redline.


26 posted on 02/13/2022 10:12:38 PM PST by Beowulf9
[ Post Reply | Private Reply | To 5 | View Replies]

To: bimboeruption

Land of the free, home of the closed door meetings to decide your financial future. How did it come to this and why do Americans of ANY stripe put up with this.


27 posted on 02/14/2022 3:36:49 AM PST by The Louiswu (The times they are a changin. )
[ Post Reply | Private Reply | To 1 | View Replies]

To: bimboeruption
Will interest rates go up Monday?

No. If I'm reading the announcement correctly it's a closed meeting of the Board of Governors. They don't raise interest rates, the Fed Open Market Committee does. They aren't scheduled to meet again till March.

28 posted on 02/14/2022 3:52:03 AM PST by DoodleDawg
[ Post Reply | Private Reply | To 1 | View Replies]

To: reed13k

Many are confusing supply chain scarcity price hikes with monetary inflation price hikes.


29 posted on 02/14/2022 4:12:56 AM PST by BiglyCommentary
[ Post Reply | Private Reply | To 2 | View Replies]

To: BiglyCommentary

Plenty of monetary inflation:

https://fred.stlouisfed.org/series/M2SL

https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

An argument can be made that monetary stimulus leads to supply chain price hikes as “too much $$ chases too few goods” (COVID prod. issues + “stimmy checks”/child tax credit welfare checks). Not to mention the equity bubble. Interesting to see how they try and “soak up” the excess $7-$12 Trillion.


30 posted on 02/14/2022 4:54:12 AM PST by Drago
[ Post Reply | Private Reply | To 29 | View Replies]

To: bimboeruption

The Woke Socialist blitzkrieg against fossil fuels is the reason for our current wave of inflation.

Higher prices for everything were guaranteed the moment that Biden killed Keystone, a theatrical move with real world consequence.

“They” knew it would happen. This is by design.


31 posted on 02/14/2022 5:02:00 AM PST by Quentin Quarantino
[ Post Reply | Private Reply | To 1 | View Replies]

To: Drago

Store shelves are not empty because people got stimulus checks and are wiping out normal supply.


32 posted on 02/14/2022 5:24:19 AM PST by BiglyCommentary
[ Post Reply | Private Reply | To 30 | View Replies]

To: BiglyCommentary

Combo...more $$ equals more buying...and COVID personnel issues at the supplier/manufacturing level. (Now easing).


33 posted on 02/14/2022 5:48:36 AM PST by Drago
[ Post Reply | Private Reply | To 32 | View Replies]

To: Drago; BiglyCommentary

https://freerepublic.com/focus/f-news/4038168/posts


34 posted on 02/14/2022 5:50:07 AM PST by Drago
[ Post Reply | Private Reply | To 33 | View Replies]

To: bimboeruption

BREAKING: The FED Announces Closed Meeting Bring Magic Eight Ball.


35 posted on 02/14/2022 8:18:51 AM PST by Vaduz ( )
[ Post Reply | Private Reply | To 1 | View Replies]

To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; BraveMan; cardinal4; ...

36 posted on 02/14/2022 10:10:31 PM PST by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
[ Post Reply | Private Reply | View Replies]

To: Freedom56v2
We did not have trillions in debt in the 80s...

Or a global technocracy.

37 posted on 02/14/2022 11:36:00 PM PST by P.O.E.
[ Post Reply | Private Reply | To 6 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-37 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson