gatomontes99 Posted April 10, 2024 Report Posted April 10, 2024 "nflation ran hot for a third straight month in March, raising questions about when the Federal Reserve will feel confident that price pressures are subdued and it can begin cutting interest rates." https://www.msn.com/en-us/money/markets/inflation-accelerated-in-march-cpi-report-shows-whats-the-impact-on-fed-rate-cuts/ar-BB1lofCK Not that anyone here would have seen it, but I've been saying that rate increases aren't the way to handle this round of inflation. This round of inflation was caused by a lack of supply that started with covid but was extended with baby boomers retiring. To counter lack of supply, we need low interest rates to facilitate borrowing to modernize systems and hire new employees. Quote The Rules for Liberal tactics: If they can't refute the content, attack the source. If they can't refute the content, attack the poster. If 1 and 2 fail, pretend it never happened. Everyone you disagree with is Hitler. A word is defined by the emotion it elicits and not the actual definition. If they are wrong, blame the opponent. If a liberal policy didn't work, it's a conservatives fault and vice versa. If all else fails, just be angry.
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