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Fed used the word "recession" in the statement released today


JaiBalayyaaa

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9 hours ago, csrcsr said:
KEY POINTS
  • Fallout from the U.S. banking crisis is likely to tilt the economy into recession later this year, according to Federal Reserve documents released Wednesday.
  • Federal Reserve staff gave FOMC members a presentation about potential repercussions from the failure of Silicon Valley Bank and other tumult in the financial sector that began in early March.
  • Though Vice Chair for Supervision Michael Barr said the banking sector “is sound and resilient,” staff economists said the economy will take a hit.

 

https://www.cnbc.com/2023/04/12/fed-expects-banking-crisis-to-cause-a-recession-this-year-minutes-show.html

Recession Ante Biden not seeking reelection anna maata!

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If any other Democrat candidates wins, it will be continuation of ongoing policies. Nobody has any idea how things will spiral out.

If it's a Republican President like Trump, he may start domestic production of oil & it will cool down inflation by at least 25%

Then, he may call for ceasefire in Ukraine. And stop sending $$$ to Ukraine. But don't know how things with China & Taiwan play out because both parties are keen in "aiding" Taiwan with weapons. 

So, nobody knows how coming 2-3 years r going to be. 

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14 minutes ago, rushmore said:

Recession Ante Biden not seeking reelection anna maata!

Irrespective of recession, Biden won’t seek reelection…too old…aa debates avi thatha valla kaavu 

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3 minutes ago, csrcsr said:

Biden tatha sangathi devudu ki Eruka mana sangathi endi anna

Next year Election year, pedda problem undakapovacchu. Ippudu recession ani godava cheste Trump ki silver platter lo petti 2024 serve chesinattu untundi. Unless democrats plan Trump ni reelect cheyyatam aithe tappa next year elections varaku problem undakudadu.

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19 minutes ago, rushmore said:

Next year Election year, pedda problem undakapovacchu. Ippudu recession ani godava cheste Trump ki silver platter lo petti 2024 serve chesinattu untundi. Unless democrats plan Trump ni reelect cheyyatam aithe tappa next year elections varaku problem undakudadu.

Trump gadini gelipincchatam kante chetta pani inkoti ledu 

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9 hours ago, dasari4kntr said:

we don’t know that…

after recent AI trends…companies might need more blue collar workers than white collar…that too until robotics fully emerge…

Then the gap between rich and middle class will increase.. h1b visa sponsor Pina work cheese vallaki Chala kashtam kalam

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8 hours ago, rushmore said:

Next year Election year, pedda problem undakapovacchu. Ippudu recession ani godava cheste Trump ki silver platter lo petti 2024 serve chesinattu untundi. Unless democrats plan Trump ni reelect cheyyatam aithe tappa next year elections varaku problem undakudadu.

He won't even win republican nomination ..don't worry..this is not India..first he has to win the republic nomination.

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6 minutes ago, kakatiya said:

Then the gap between rich and middle class will increase.. h1b visa sponsor Pina work cheese vallaki Chala kashtam kalam

yes…

that inequality gap is already there…

search for gini index…

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9 hours ago, dasari4kntr said:

dont spend…

but who are spending at this time they will pay the price…

egg got to be broken somewhere…curve has to be bend somewhere…that’s who is spending…(not day to day activities but bigger expenses)

Job market is still strong though..

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Trump picha lite...... Desantis most likely our next president..... young and conservative superstar ippudu veedu. He's also ruling the biggest swing state in US

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1 hour ago, Gaali_Gottam_Govinda said:

Trump picha lite...... Desantis most likely our next president..... young and conservative superstar ippudu veedu. He's also ruling the biggest swing state in US

Vadoka useless fellow. Vaadi foreign policy enti? Ukraine, China meeda stand endi? Veedosthe India will settle border issues with China even if it means losing land. 

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1 hour ago, kakatiya said:

He won't even win republican nomination ..don't worry..this is not India..first he has to win the republic nomination.

Vaadiki raakapothe independent ga contest chestadu...appudu Dems malli gelustharu...Dems will win either way but India ki not at all good. 

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