Article

2022-03-18 Economy

US Fed raises interest rate in battle against high inflation

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by trailing wife 2022-03-18 00:00|| || Front Page|| [11 views ] Top

#1 I propose a new currency backed by rolls of quality toilet paper. This will reduce the need to exchange the new currency for the old.

Posted by Super Hose 2022-03-18 12:46|| 2022-03-18 12:46|| Front Page Top

#2 So the Fed has raised rates all the way to a range of 1/4 of 1% to 1/2 of 1%. Boy howdy, THAT will show we're serious about inflation.

And their forecast of inflation of 4.3% would fail any question on an Econ 101 test. They might want to look at BLS releases on what the actual rate is (Spoiler alert: Currently 7.9% and going higher.)

Posted by Tom 2022-03-18 15:26|| 2022-03-18 15:26|| Front Page Top

23:29 Spinese Ghibelline6431
23:26 Besoeker
23:19 trailing wife
23:12 trailing wife
23:09 Voldemort Elmusort9234
23:04 trailing wife
23:00 trailing wife
22:53 trailing wife
22:34 trailing wife
22:31 trailing wife
21:55 Besoeker
21:38 JohnQC
21:20 Uneting Threck7089
21:06 Herb Hupamp6602
20:49 Crith Glavinter2557
20:18 Crith Glavinter2557
19:57 NoMoreBS
19:43 Jumbo Stalin7030
19:30 Cthulhu of Ryleh
19:19 Jumbo Stalin7030
19:11 M. Murcek
19:03 Thing From Snowy Mountain
18:48 Thing From Snowy Mountain
18:43 Besoeker