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Federal Reserve hikes key interest rate 0.75 percentage point, projects economic slowdown
CBS ^ | September 21, 2022 | IRINA IVANOVA

Posted on 09/21/2022 11:53:10 AM PDT by ConservativeInPA

click here to read article


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To: ConservativeInPA

The Keystone Cops are in charge.


41 posted on 09/21/2022 12:33:07 PM PDT by Huskrrrr (Alinsky, you magnificent Bastard, I read your book!)
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To: thegagline

Sad...

Those in charge of making recommendations to him, should not
be on the next payroll.

Some of these he should have caught, but if you ask your
supposed experts and they give you ringers, it’s tough to
get the right people.


42 posted on 09/21/2022 12:33:43 PM PDT by DoughtyOne (I pledge allegiance the flag of the U S of A, and to the REPUBLIC for which stands.)
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To: stevio

Stocks are now in the red.


43 posted on 09/21/2022 12:34:15 PM PDT by Huskrrrr (Alinsky, you magnificent Bastard, I read your book!)
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To: Major Matt Mason

To the elite who actually know what they are ushering in,
why sure. It’s the rank and file little idiots who are
going to get the big surprise.

They are the ones lined up and shot as soon as the new
government takes control.

The elites, just continue on being elites...


44 posted on 09/21/2022 12:35:08 PM PDT by DoughtyOne (I pledge allegiance the flag of the U S of A, and to the REPUBLIC for which stands.)
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To: DoughtyOne

“If it hasn’t dawned on the Communists
by now, it soon will, what they have ushered in.”

Think we got 50 days?


45 posted on 09/21/2022 12:35:30 PM PDT by Attention Surplus Disorder (Apoplectic is where we want them)
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To: xzins

Check John Williams Shadow Statistics page, his calculations are due the old way and his take is inflation is at 16.3%

Just today where I live gasoline prices were up .26 a gallon overnight.


46 posted on 09/21/2022 12:35:37 PM PDT by Captain Peter Blood
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To: stevio

sell the bounce. Worked for me since June


47 posted on 09/21/2022 12:35:55 PM PDT by tanstaafl.72555
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To: ClearCase_guy
"Probably going to blame White Supremacy."

nah.....its globull warming for sure.....

48 posted on 09/21/2022 12:36:09 PM PDT by cherry
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To: ConservativeInPA

Those people in D.C. calling the shots don’t have to worry about gas prices, paying mortgages, food, rent etc...Those in the exclusive D.C. club are well taken care of...For life!


49 posted on 09/21/2022 12:36:41 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: ConservativeInPA

Maybe he is a secret Trump supporter cause this is gonna rank the already terrible economy.


50 posted on 09/21/2022 12:37:14 PM PDT by Harpotoo (Being a socialist is a lot easier than having to WORK like the rest of US:-))
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To: Attention Surplus Disorder

I wouldn’t bet on it.

Some of them will be wiggling painfully in a ditch as the
light goes on.


51 posted on 09/21/2022 12:38:33 PM PDT by DoughtyOne (I pledge allegiance the flag of the U S of A, and to the REPUBLIC for which stands.)
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To: tanstaafl.72555

buy the dip - sell the rip.


52 posted on 09/21/2022 12:38:40 PM PDT by Palio di Siena
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To: DoughtyOne

“Jimmy Carter all over again economically, only this time on
steroids.”

There are some similarities, but more differences. I made out under stupid Carter, that’s where I go my investing start.

I really shouldn’t hate Democrats, I’ve made a lot more money off their policies than Republican ones. But I hate them anyway.


53 posted on 09/21/2022 12:38:49 PM PDT by SaxxonWoods (The only way to secure your own future is to create it yourself.)
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To: Captain Peter Blood

Thanks


54 posted on 09/21/2022 12:41:43 PM PDT by xzins (Retired US Army chaplain. Support our troops by praying for their victory. )
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To: ConservativeInPA

Spending at obscene amounts and not even slowing down plus trillions to unwind off the balance sheet leaves you with no choice or solutions to make everyone “feel good” and financially secured. Feds are boxed in, only solution i can see is speak the truth: Decades of budget deficits and irrational government programs/spending stretching back to the 1930s are catching up and will eventually implode the economy. Fractional banking could work if people voted for their Representatives in a fiscally and socially responsible manner. Have a nice day, remember to vote this November, -out- while giving the 4th Estate the middle finger to their pool of nitwits with notepads and recorders.


55 posted on 09/21/2022 12:42:28 PM PDT by rollo tomasi
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To: SaxxonWoods

They want you dead, so it’s okay.

I wouldn’t say I hate them, but I have never seen such
stupid people in my life.


56 posted on 09/21/2022 12:42:29 PM PDT by DoughtyOne (I pledge allegiance the flag of the U S of A, and to the REPUBLIC for which stands.)
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To: Repealthe17thAmendment

They will do whatever number massaging it takes to report a positive quarter. Even if it’s -2.0% in the fourth to make up for it.


57 posted on 09/21/2022 12:44:25 PM PDT by tnlibertarian
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To: SaxxonWoods

We’ll see

I’m not optimistic given the fools in charge these days


58 posted on 09/21/2022 12:44:32 PM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: Captain Peter Blood

That will devastate the national budget when we pay quadrupled interest rate on national debt. 30 trillion times 8% = 2.4 trillion dollars just in interest payments.


59 posted on 09/21/2022 12:44:46 PM PDT by xzins (Retired US Army chaplain. Support our troops by praying for their victory. )
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To: ConservativeInPA

Well, we are in a recession and have been for a bit of time, so no surprise.


60 posted on 09/21/2022 12:46:31 PM PDT by Reno89519 (FJB. Respect America, Embrace America, Buy American, Hire American.)
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