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The Fed's Inflation Problem Just Got Worse

2024-01-12 Education
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Minority Mindset
Minority Mindset
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Top Comments (10)

@HowIzMyMao 2024-01-12

Omg 3.4 vs 3.2 expected, what’s the big deal? We all know inflation is 100% because almost everything doubled in price and/or shrunk in size.

126 19 replies
@operationretribution1263 2024-01-12

The fed should have continued to raise vs staying steady. Now if they keep rates steady or if they lower, they will have to raise rates way more than 25 basis points to fix the inflation problem.

23 5 replies
@Angrycapitalist 2024-01-12

The FEDs capacity to do what is necessary is always underwhelming

20 1 replies
@extremecarpetcleaning-wvwi86 2024-01-12

The fed needs to let us write off groceries on our taxes. That would help especially when it's your biggest expense.

17 5 replies
@dm3988 2024-01-12

Could you explain why Wall Street seems to be so sure that the Fed is going to cut rates this year when Powell said that a 2% inflation rate is their target?

12 1 replies
@jesse_- 2024-01-12

Looking good for Trump!

7 5 replies
@MinorityMindset 2024-01-12

Join Market Briefs, my daily financial newsletter, for free: https://briefs.finance/c039f7 WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!

6
@GalaxyForumStudios 2024-01-12

That’s why I’m lookin for another income home now. I’ll buy high and just refinance bc if you wait for interest rates to drop everybody going to try and buy a house 🤷🏼‍♂️

3 1 replies
@stevenporter863 2024-01-12

Generally people are very shortsighted or one track mind (wanting lower mortgage rates to buy a house). If interest rates are aggressively cut inflation will come back with a vengeance and erode the value of what money they do have. Think lowering interest rates like pouring a gallon of water into a pot of soup. The soup is much weaker, same with savings if cheap money enters. That illiquid house does zero good when the price of food, etc. skyrockets. Actually, the cost of maintaining that house will skyrocket.

2
@kevinhuddleston6438 2024-01-14

Why doesnt anyone recognize that food is no longer included in the cpi number. Food prices affects eveyone. It should be the basis of the inflation numbers.

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