[unixfox]

Just raise it to 20 and be done with it. That’s where it is going anyways.

[janetjanet998]

Higher rates on the huge public and private debt ( credit card) and loans
Yippie

Video here
https://rumble.com/v3bl6sc-powell-u.s.-federal-reserve-is-prepared-to-raise-rates-further-as-inflation.html

[chuck allen]

And the Dow drops 250 points.

[jimwatx]

That means more banks will be going belly up.

[CodeToad]

Why does the federal reserve have a target inflationary rate? Because the federal reserve was created by the banks to rob you of your money at that inflationary rate. They are making money on inflation.

[politicket]

They're doing this on purpose - to cause massive defaults so the banksters can steal the underlying real assets.

Measuring "price" inflation as the 2% goal is hogwash.

Keeping "monetary" inflation at around 2% in a debt-based monetary system makes sense.

They're doing everything off the CPI - "price inflation".

They're thieves.....

Buckle up. China has fallen. Europe is falling. The US will be next.

[Mariner]

“Convincing path to 2%”

Correct target.

[FarCenter]

If inflation is 2%, then the 10 year should be 2% + the risk free time value of money, which is about 3 or 4%.

That would be 5 to 6% for the 10 year treasury.

To get there, they need to jack the overnight rate up above 6% for a while.

[CodeJockey]

And yet all three major indices in the green.

But when the bear finally comes out, he’s gonna be hungry.