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The Federal Reserve is set to increase interest rates on Wednesday

areyentiraidhi

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Mirzapur_kattappa Side Hero

Mirzapur_kattappa

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Posted
18 minutes ago, MRI said:

dobbesemundi.. they have to induce recession.. get both goods and wage inflation under control..

Increase taxes on rich  ..take back their profits..they made billions of profits out of tax cuts ..61% increase in total wealth.. trump discounted taxes by huge numbers...

 

People like you and me are not reason for recession..the wealthy 1% are ..we don't even have money to increase inflation..everything from stocks to you name it are deflated of it's value ..as rich emptied the investments and encashed them in to dollars..

 

If right now Saudi Arabia joins Brics and stop selling oil in dollars... Usa will be hit by worst great depression. That is when this rich and entire American economy will crash...that is the ultimate plan of china + russia

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Aamphat Side Hero

Aamphat

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2 hours ago, Mirzapur_kattappa said:

Increase taxes on rich  ..take back their profits..they made billions of profits out of tax cuts ..61% increase in total wealth.. trump discounted taxes by huge numbers...

 

People like you and me are not reason for recession..the wealthy 1% are ..we don't even have money to increase inflation..everything from stocks to you name it are deflated of it's value ..as rich emptied the investments and encashed them in to dollars..

 

If right now Saudi Arabia joins Brics and stop selling oil in dollars... Usa will be hit by worst great depression. That is when this rich and entire American economy will crash...that is the ultimate plan of china + russia

I want this to happen so that America will take a step back and come to reality

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dasari4kntr LEGEND

dasari4kntr

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Posted
1 hour ago, Variety_Pullayya said:

hmm...inflation flatten ayyedaka thaggicharu emo to 50.  any indication of it cooling down?

to understand inflation…we need two indicators…

CPI and PCE

CPI gather data households survey , PCE gathers data from GDP…

CPI have urban household daily used prices…while PCE has industrial goods and services…

 

as per CPI 8.2% (since last year)

https://www.bls.gov/news.release/cpi.nr0.htm

as per PCE 8.1% (since last year)

https://www.bea.gov/news/2022/personal-income-and-outlays-september-2022


this is from news..

While the Fed looks at a broad range of economic data to inform its policy, it has long favored the PCE index, and particularly the core price index, as its primary means of tracking inflation. It is weighted differently from measures like the closely watched consumer price index and places less importance than the CPI on housing and rent costs, for example.

The September data will do little to waive the central bank off its aggressive monetary policy tightening path even though it has raised interest rates 3 percentage points so far this year.

“For those looking for some sign of relief from monetary tightening, the report will be of little comfort,” wrote Michael Shaoul of Marketfield Asset Management

Beyond prices, the report also showed U.S. consumers continuing to spend at remarkably strong levels despite higher costs. Consumer spending climbed 0.6% between August and September, above economists’ expectations of a 0.4% rise. And the August figure was revised upwards to 0.6% from 0.4%

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MRI LEGEND

MRI

Posted
Posted
3 hours ago, Mirzapur_kattappa said:

Increase taxes on rich  ..take back their profits..they made billions of profits out of tax cuts ..61% increase in total wealth.. trump discounted taxes by huge numbers...

 

People like you and me are not reason for recession..the wealthy 1% are ..we don't even have money to increase inflation..everything from stocks to you name it are deflated of it's value ..as rich emptied the investments and encashed them in to dollars..

 

If right now Saudi Arabia joins Brics and stop selling oil in dollars... Usa will be hit by worst great depression. That is when this rich and entire American economy will crash...that is the ultimate plan of china + russia

USA Capitalism. Ayye panulu cheppu bro.. haha

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dasari4kntr LEGEND

dasari4kntr

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Posted
1 hour ago, Variety_Pullayya said:

hmm...inflation flatten ayyedaka thaggicharu emo to 50.  any indication of it cooling down?

 

44 minutes ago, dasari4kntr said:

to understand inflation…we need two indicators…

CPI and PCE

CPI gather data households survey , PCE gathers data from GDP…

CPI have urban household daily used prices…while PCE has industrial goods and services…

 

as per CPI 8.2% (since last year)

https://www.bls.gov/news.release/cpi.nr0.htm

as per PCE 8.1% (since last year)

https://www.bea.gov/news/2022/personal-income-and-outlays-september-2022


this is from news..

While the Fed looks at a broad range of economic data to inform its policy, it has long favored the PCE index, and particularly the core price index, as its primary means of tracking inflation. It is weighted differently from measures like the closely watched consumer price index and places less importance than the CPI on housing and rent costs, for example.

The September data will do little to waive the central bank off its aggressive monetary policy tightening path even though it has raised interest rates 3 percentage points so far this year.

“For those looking for some sign of relief from monetary tightening, the report will be of little comfort,” wrote Michael Shaoul of Marketfield Asset Management

Beyond prices, the report also showed U.S. consumers continuing to spend at remarkably strong levels despite higher costs. Consumer spending climbed 0.6% between August and September, above economists’ expectations of a 0.4% rise. And the August figure was revised upwards to 0.6% from 0.4%

check this dashboard which i created...on inflation...

https://fredaccount.stlouisfed.org/public/dashboard/88408

 

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