The Fed’s lost all credibility. Who truly believes they are an independent institution. They’ve become just as political as the Supreme Court.
Better known as “we can’t raise interest rates ‘cause it would tank the Federal Deficit”.
“Expectations unexpectedly...?”
Is that like a double negative effect?
Depraved liars!
Liars. My daughter is a realtor. People are offering up to $100,000 ABOVE the already inflated asking prices for homes, in order to have their bids accepted. Just about everything at the grocery store has gone up 25 - 100%. The problem is, they not only think we’re too stupid to notice, they don’t care, because the media will lie, lie, lie for them, and our constitutional right to seek relief from their behaviors, is prosecuted as insurrection. Fascists.
Hey they’ve been talking to the Guru Krugman and you know he has a perfect track record:-)
The nice folks from the Biden administration, or your own lying eyes?
A lot of people aren’t old enough to remember Jimmy Carter and are too dimwitted or ill-informed to realize that many countries have walked the path we’re on. Inflation is at a 40 year high? This is the worse these people have experienced, so they expect it to normalize. With even a modest rise in interest rates, back up to six or eight percent, the feds won’t be able to service the debt. That’s when things will start to get fun. Italy, Greece and Argentina will be sending in jump teams to consult with Team Biden.
2021 “transitory inflation”
2022 “drop in Inflation expectations”
The greater the word salad, the more clueless the Fed
Figures never Lie, But LIARS FIGURE!