Fed Rate hike???

[cardsrock15]

What good does raising the federal funds rate from basically 0% to .25%.....does an increase of just 25 base points change you purchasing decision in any way at all???

Back in 1980 when Jimmy Carter was at the wheel the Fed had to raise the fund rate to 18% to bring inflation into check. Nothing short of a drastic move like that is going to help now either

 

[Veer2Eternity]

What good does raising the federal funds rate from basically 0% to .25%.....does an increase of just 25 base points change you purchasing decision in any way at all???

Back in 1980 when Jimmy Carter was at the wheel the Fed had to raise the fund rate to 18% to bring inflation into check. Nothing short of a drastic move like that is going to help now either

It needs something. Should have been done under your godking but he MAGA'd them out of it.

He is the reason inflation is here. Anyone with a passing knowledge of economics understands this.

 

[cardsrock15]

What good does raising the federal funds rate from basically 0% to .25%.....does an increase of just 25 base points change you purchasing decision in any way at all???

Back in 1980 when Jimmy Carter was at the wheel the Fed had to raise the fund rate to 18% to bring inflation into check. Nothing short of a drastic move like that is going to help now either

And sleepy Joe and his left wing greeners are actually arguing that pumping another few Trillion dollars into the economy will actually be a good thing and bring inflation down

 

[Toots_mcgee]

Glad you realize Paul Voulker saved the day and then Reagan took all the credit. SMDH

 

[3Rfan]

And sleepy Joe and his left wing greeners are actually arguing that pumping another few Trillion dollars into the economy will actually be a good thing and bring inflation down

Gas price down 2 days in a row. There is NO shortage of oil and oil gas prices should never have jumped up like they did.

 

[cardsrock15]

Gas price down 2 days in a row. There is NO shortage of oil and oil gas prices should never have jumped up like they did.

I kind of think the real threat of WWIII breaking out might have lead to buyers running up the price of oil just maybe??

 

[3Rfan]

I kind of think the real threat of WWIII breaking out might have lead to buyers running up the price of oil just maybe??

But no real reason for it, that possibility hasn't gone away. They just jack us up for nothing, at least wait til something actually happens.