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  • Powell On 100Bps Hike, Says ‘Will Never Take Anything Off The Table’

    Fed's Powell On 100Bps Rate Hike, Says ‘Will Never Take Anything Off The Table’
    - Will Make ‘Whatever Moves Needed’ To Restore Price Stability

    — LiveSquawk (@LiveSquawk) June 22, 2022
Added at 11:52am
  • Fed's Powell: Not Seeing Compelling Evidence Of Inflation Coming Down
    - More Progress Needed On Core PCE

    — LiveSquawk (@LiveSquawk) June 22, 2022
Added at 11:54am
  • Fed's Powell: ‘I Don't See Likelihood Of Recession As Particularly Elevated Right Now’

    — LiveSquawk (@LiveSquawk) June 22, 2022
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  • Post #1
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  • Jun 22, 2022 12:02pm Jun 22, 2022 12:02pm
  •  Grenadier
  • | Joined Jan 2020 | Status: Member | 63 Comments | Online Now
I hereby dare Mr. Powell to come down to earth and live amongst the peasants. I want him to see the results of the insane policies he comes up with. I'd like him to have to live with them as well. Taco Bell is hiring. I'm sure he can get a job there.
 
 
  • Post #2
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  • Jun 22, 2022 12:07pm Jun 22, 2022 12:07pm
  •  Momofrmnyc
  • | Joined May 2019 | Status: Rolling in the Pippppssss! | 647 Comments
Quoting Grenadier
Disliked
I hereby dare Mr. Powell to come down to earth and live amongst the peasants. I want him to see the results of the insane policies he comes up with. I'd like him to have to live with them as well. Taco Bell is hiring. I'm sure he can get a job there.
Ignored

The biggest disconnect is individuals who are in charge of policies who have no idea what the average working individual goes through. They live in a different realm than us regular folks.
 
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    • Older Stories  
    Secular Outlook Key Takeaways: Reaching for Resilience

    From blog.pimco.com|Jun 22, 2022

    The world is fragmenting. This fracturing had already been underway with the emergence of China as a major economic and geopolitical player and Western governments’ skeptical ...

    Oil Tumbles Below $110 As Fears Of US Recession Intensify

    From oilprice.com|Jun 22, 2022

    Oil prices dipped by 6 percent early on Wednesday, with Brent slumping below $110 a barrel, as the market fears a looming recession would drive down global oil demand. As of 9:10 ...

    Fed's Powell: Sees Possibility Fed Rate Hikes Could Cause A Recession

    From @LiveSquawk|Jun 22, 2022|2 comments

    tweet at 10:48am: Fed's Powell: Sees Possibility Fed Rate Hikes Could Cause A Recession tweet at 10:49am: Fed's Powell: May Need To Sell MBS At A Future Date, Will Look At Selling MBS When B/Sheet Reduction Is ‘Well Under Way’ tweet at 10:48am: Fed's Powell: Longer-Run Neutral Level Is Around 2.5% - Appropriate Raising Rates To A Moderately Restrictive Level tweet at 10:53am: Fed's Powell: - We do not think we will need to provoke a recession - The rate of wage growth is not consistent with 2% inflation over time tweet at 10:58am: FED'S POWELL: RATE HIKES SHOULD HAVE AN IMPACT ON HOUSE PRICES FAIRLY QUICKLY. WE'RE SEEING A SLOW DOWN IN HOUSING.

    •   Newer Stories
    Biden's gas tax holiday is not the best idea, says Goldman Sachs' Jeff Currie

    From youtube.com/cnbctelevision|Jun 22, 2022

    Jeff Currie, Goldman Sachs global head of commodities research, joins CNBC's 'Squawk Box' to react to President Joe Biden's call on Congress for a gas tax holiday.

    Putin Sees Russia Oil Flows to China, India ‘Growing Noticeably’

    From bnnbloomberg.ca|Jun 22, 2022

    Russian President Vladimir Putin said trade with India and China has strengthened amid Western oil sanctions in response to the invasion of Ukraine. “Russian oil supplies to China ...

    Crude Oil Price Forecast – Crude Oil Markets Pierce the Trendline

    From fxempire.com|Jun 22, 2022

    The West Texas Intermediate Crude Oil market has pierced a major trendline during the trading session on Wednesday to show just how fickle the market is going to be. Quite ...

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  • Posted: Jun 22, 2022 11:52am
  • Submitted by:
     Newsstand
    Category: Low Impact Breaking News
    Comments: 2  /  Views: 2,037
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    US Fed Chair Powell Testifies
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    Powell: Semiannual Monetary Policy Report to the Congress
    From federalreserve.gov|Jun 22, 2022
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