Fed's Interest Rate Decision: What You Can Expect in 2024

Join our EXCLUSIVE Investing Community: clearvalueinvesting.com/
GET 3 FREE STOCKS when you open up a stock account here: a.webull.com/i/ClearValueTax
Join this channel to support us by being a member:
/ @clearvaluetax9382
The best way to support our channel is to share this video on your social media to spread awareness. We appreciate the support!
This is our TurboTax Link for your tax preparation needs:
www.anrdoezrs.net/click-10015...
ClearValue Tax and affiliates and related parties do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.
This post may contain affiliate links that at no additional cost to you, I may earn a small commission. Thank you for your support!
Legal Disclosure: I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Before investing, please consult a licensed professional. Any stock purchases I show on video should not be considered “investment recommendations”. I shall not be held liable for any losses you may incur for investing and trading in the stock market in attempt to mirror what I do. Unless investments are FDIC insured, they may decline in value and/or disappear entirely. Please be careful!

[@Salamattder]

My grocery bill is up 25-50%. Not 2%

[@micker9830]

Because of the past high inflation. It didn't go up 25-50% this month lol.

[@clintjmathewson]

Prices will never come down. It’s inflation they’re trying to bring down. The car is still moving too fast in the wrong direction…. They want to slow the car down to moving slowly ….. in the wrong direction 😂😂😂

[@tybo_g37s]

stop shopping at whole foods

[@clintjmathewson]

@@tybo_g37s so eat plastic??

[@me6057]

@@user-je4qz5fi4p”bingo” damn you must have it all figured it out huh😂😂😂

[@jollygreen4662]

Govt is full of 💩

[@ArneyO7]

The federal reserve is not a part of the government.

[@tacosanloresno]

Govt is made of people means people r full of 💩

[@ZER0_G]

The Federal Reserve is not technically the gov't but I know what you mean.

[@Hydroxica]

at least it's not filled with as many 🟠🤡 right now

[@RD-io6sm]

Very much true. Whether we do something about it, that's the question.

[@1Skeptik1]

4.25%! Over the past 50 years, inflation averaged 4.25%. I am 73 years old and can manage compound interest arithmetic. Conclusion: The FED lies or is incompetent (likely both).

[@shadowbanned4days]

It's real bad

[@jupiterherranz-wilkinson3787]

Agree 100% lies and incompetent (both)

[@shadowbanned4days]

@@jupiterherranz-wilkinson3787 back to sleep. No one's doing anything.. we to fat,too stupid,too scared.

[@BennyJeters]

More like calculated. You’re actually the rube for thinking it’s incompetence and not malevolence

[@dr.michaellittle5611]

@@jupiterherranz-wilkinson3787. Can you prove that allegation with facts?

[@NorthLVLowRoller]

He accidentally said recession.

[@DrW2023]

Yes they don't want to cut the rates too early causing a recession.

[@User-cc6cq]

That's where all the victims meet...

[@Gerald-fi2yw]

Yes, he did, the truth started to come out, but he quickly sucked it up and finished spitting out his lies

[@menumlor9365]

2:57

[@thelocal713]

Yes!!!! This is the biggest moment of the whole video!

[@valdivia1234567]

The labor market for jobs paying north of $70K is absolutely NOT strong.

[@aeee3254]

2.6% is some bullsht. Property tax up, home ins up, house prices doubled, food ia like buying gold now, gas high but you know what is not up? Our pay!

[@supreme5998]

Get rid of the house. Solves half your problems. You can live right outside the Fed building.

[@wendellrivers853]

@@supreme5998sounds like someone with no house LOL

[@supreme5998]

@@wendellrivers853 yeah I sold it for Nvidia. I’m staying outside the Fed building. It’s still nice out here.

[@mikefigueroa4075]

These are not economists, they are politicians.

[@MichiganDaisy-1111]

The one critical fact that everyone needs to get through their heads even though it's a very very tough pill to swallow.... The prices of everything right now will never ever go down. The people that say they can't wait for things to go back to normal couldn't be more wrong. Right now today these prices are as normal as they'll ever be. Sad but true.

[@lam7499]

The inflation rate slows, but almost never goes into the negative Welcome to the new normal

[@thetapheonix]

@@lam7499There is nothing new about it. Prices have never come down in my lifetime and they never will. If people can’t afford stuff now they won’t afford anything in the future either.

[@grimaffiliations3671]

that has always been the case. Prices rise over time, but so do wages. The prices you see as "the good old days" are unthinkably high to people of the past

[@jonathantaylor6926]

Deflationary recessions do happen. Especially of there is a liquidity event. Home prices fully depend on the ability for people to finance. I'm not saying a cheeseburger is going to be 50 cents again but in sectors where there is extreme leverage, we could very well see deflation.

[@Tambrose0405]

I'm 30 years old. I literally had a dream when I was 17 where I walked into the grocery store and had all kinds of money and couldn't afford anything. The one thing that stood out the most was the sign in Bold Numbers that read 1100 and was hanging up over the bread. Back then it seemed ridiculous but today it makes so much sense.

[@FlyWithVeiga]

“If we go too late, we could unnecessarily undermine the RECESSION” 😂🚮

[@lavenderlilacproductions]

Recession would be better than stagflation...

[@atdepaulis]

😂

[@thegoddesskey]

It's not true…. it's not 2.6%

[@micker9830]

What is it then? It is definitely low, because prices have stabilized a lot.

[@DeathsInverse]

What exactly is it

[@Hdc2390]

It's definitely not 2.6% the numbers have been wrong

[@jonathantaylor6926]

My dogs bag of food went up 23%... and dog food is actually a good inflation indicator considering is components- grains, proteins and then domestic labor for production and distribution.

[@danielhutchinson6604]

I was predicting the Crash would be at the end of the 2nd Quarter. The Jobs in public sector were mostly part time. The Inflation and employment numbers always seem to get a revision. So we can assume the Government is "adjusting the figures? They assume Citizens are too busy to notice the revisions later on. But they cling to the assumption that they can control the economic effects. Inflation began to increase in imported Commodities in 2015. That seems to reflect the BRICS announcing a new loan program in 2014. The G-7 Nations have lost most of their Colonial Empires since then. The Colonies appear to now be behind a BRICS Wall, to avoid sanctions. The G-7 seems to declare war on Russia and China, to get their Colonies back......

[@mamasann7636]

I’m a corporate recruiter. The labor market is strong for low earning jobs that pay min or slightly more than min wage. That’s the market they want and therefore it’s strong. Terrible.

[@Original22]

Servants serving the well off

[@1439315]

"Mediocre Management Incorporated" sucks. No one wants to work for mba dude bro idiots. Or witch karen in HR. Or nightmare boss. Or libtard co - workers who are all about duh rain blow crap. Self employed here, can you believe it? My best day at corporate was my last. They can all go to heck, quickly. Nobody misses them.

[@Nitric_Beyond]

Agreed with you, the government is overly basic when it comes to job such as McDonalds workers or close to that and exclude jobs in finance industry, tech industry, etc

[@funes-funandvines5338]

The tech industry is in its worst shape

[@1439315]

@@funes-funandvines5338 many of the "management" suck. Never been in the military or overseas. Could not be leaders in any realistic standard.

[@ferndelisle]

I expect them to say interest cuts are coming and then continue to push them off.

[@dnah02]

Yes more confidence lol I already got my car loan 4.75.

[@rodrigueznathaniel449]

Exactly, we’re in a silent recession and they don’t want to admit it. If they came out and said “no actually we gotta keep interest rates elevated because we screwed the pooch for a few years”, the economy would implode. They are dangling rate cuts like a carrot on a stick just to keep this facade moving, and I’m glad some people are realizing it too

[@jonathantaylor6926]

The FED hiked late (which they now openly admit) so I think its stands to reason they cut early. The real fireworks will be after their premature cut and a "hotter than expected" inflation print. The markets are going to have a coronary once they realize the FED will be forced to reverse course.

[@edmeyer4800]

​@dnah02 Which bank? New or used?

[@whodidit99]

Paying more for 12oz for a package of bacon that used to be 16oz. What a ripoff.

[@jonathantaylor6926]

Costco took 20 sheets off their paper towels.

[@shadowbanned4days]

Your worries are bacon😅.. your doomed

[@TheHighrider3]

Eat beef

[@ok_life]

COSTCO also took out 45 sheets per roll on toilet paper 🧻. The price is still went up!

[@zinzayzinzay3085]

It's totally madness

[@amolr]

2.6% ?? Who is he fooling?

[@jerry-no8yy]

He should be saying 5% or more and show the book of real numbers. powell is another puppet.

[@sg337]

Fool both u n i and millions of hard working people

[@sbfguy7793]

Move that decimal 2 points

[@kensnedegar5925]

Not with Joe Biden in their there ain't no way with these Democrats they're not going to lower anything

[@FWMCBigFoot]

That's so they can screw over Social Security recipients and military pay increases.

[@obsoleteMAC]

Powell keeps stalling til after the elections in November.

[@jonathantaylor6926]

Stalling on what? Inflation isn't beat. Cut too soon and we will hit 4% inflation again in no time and then the markets will have a coronary once they realize another hiking cycle is about to start.

[@DoodleHats]

@@jonathantaylor6926 the comment section on this channel is all doomers. there is no topic it wont be full of same comments regarding the Fed, gold, BTC, Biden, etc

[@studentsvalley7580]

@@jonathantaylor6926 DO you seriously think that inflation is 4%?

[@cultleader3572]

​@@jonathantaylor6926Inflation is above 6% still

[@FireManTTSOM]

@@studentsvalley7580more like 9%.

[@JP-xq7fo]

We’re being gaslit into oblivion…

[@truepersona6804]

😂😂😂 The USA government has printed several TRILLIONS more and everyone is confident the inflation is gonna go down. 🤡🤡🤡

[@therealmcgoy4968]

They keep giving out nations money to other countries for war materials in the billions. They have no interest in fixing in the economic problems of the country.

[@johnn26]

Didn't Trump increase the federal deficit more than any other president in history? 🤡

[@ericrotermund1004]

Well it’s probably 10 times that number. The unskilled bottom rung of social order will be ground into dust

[@truepersona6804]

@@ericrotermund1004... while the skilled will keep on slaving forever.

[@AZplinkster91]

It all went to Ukraine

[@sarahnovamusicatlanta]

Lord. What a bunch of BS out of his mouth only to protect the people with money and power

[@tada8376]

Labor market is garbage. Ive been applying for jobs in my salary range, below my salary and above my salary range and no call backs.

[@polarspirit]

You need to apply without salary

[@tada8376]

@@polarspirit what does this mean?

[@micker9830]

Blame the internet for that one. People just shooting their resume to every job opening they see and employers getting bombarded with applications, most of which aren't even serious.

[@marcusmariota8147]

Maybe that's because your resume is garbage

[@soberanisfam1323]

did chatgpt create your resume?

[@kevinm8993]

The disconnect from reality is staggering.

[@SaltMinerOU812]

But when you think of their voter base, it makes sense the most easily fooled 🤡s

[@oof6052]

The job market is definitely tough..... and our government sucks.

[@seoulmansupra]

They added 260,000 jobs in June...

[@mavshorts1076]

@@seoulmansuprapart time janitor jobs lol

[@MechShark]

@@seoulmansupra and over 600k stopped reporting. OH, also, it was revealed the other day 30% of those 260k are government. 😂Keep coping

[@dwilliams768]

​@mavshorts1076, you're correct! My boss wants to move to more employees but all part time

[@alex10291]

​@@seoulmansuprauber eats

[@Stigmaru]

At the rate of how the government spends money i don't see interest rates going down. It's realistically impossible.

[@grimaffiliations3671]

yes, because the high interest rates themselves cause more spending. Half the deficit is going to interest payments. They should be lowered

[@shadowbanned4days]

@@Stigmaru exactly..be prepared to get pushed out of your home

[@TheMikey330]

Oh yeah they’re going to cut rates soon to service their own debts not us

[@Daimajin696]

I like Powell's Freudian slip when he said he doesn't want to undermine the recession...I mean recovery.

[@chepe5625]

Why can’t we just stop paying these feds?!

[@BryanRojo]

LMAO these clowns are so used to tricking people they don't even try 😂😂

[@User-cc6cq]

Clowns? More like puppet masters...

[@carmenedwards3863]

Dirty dogs

[@snoer8]

@@User-cc6cqjust puppet clowns 🤡

[@traciewebster4175]

We are letting them do it.

[@BreezyLavender]

@@traciewebster4175yeah, time to vote these clowns out.

[@brandonmartinez5920]

$5 “meals” are now at least $10… doesn’t sound like 2.6%

[@victorandrade7940]

Because they exclude food and energy from the stats.

[@BOOTZOC]

Try $20 in socal....everywhere you go nowadays you paying $20 for any meal

[@Robert-zn9ub]

Take into Consideration that Jerome Powell also said "Inflation is Transitory". I find it very hard to believe anything the guy says at this point.

[@tylersharpe9413]

All these old rich people don't want to cut rates because they own the assets that are inflating like houses.

[@ch-yq5yn]

Oh, right, it's not like 99% of all the other old people in the country aren't rich and living on social security.

[@jonathanjacques7250]

Ignorant comment.

[@richdelgzz]

Freudian slip at 02:58

[@mftatvop]

Recession

[@Soundsaboutright42]

He corrected that real quick 😂

[@noodlessoul8356]

​@@Soundsaboutright42yep, changed it like they changed the formula to calculate inflation...

[@Insertednmatrix]

70k government jobs. Your taxes are paying these wages, and your taxes will continue to rise to pay for thousands more government jobs. Pull government jobs out of the jobs report.

[@grimaffiliations3671]

Taxes do not pay for anything the federal government does. Learn monetary operations

[@Thestocksurfer]

@@grimaffiliations3671 government employees are paid out of the government treasury which gets its money from taxes. Yes are government jobs are paid from our taxes.

[@johnseaberg5028]

@@grimaffiliations3671Falsehood

[@caucasianafrican1435]

@@grimaffiliations3671 🙃

[@christianxxx9393]

@@grimaffiliations3671and this is the person is voting 😂 oh we are fucked

[@Kevinw4040]

Sadly even lowering rates isn’t going to bring prices of goods and services back into affordable territory. We’d need really high unemployment for that imo.

[@Bryan-od1lw]

We're all fucked no matter what

[@thetapheonix]

That will not bring prices down not even high unemployment for a long time because inflation is caused by increasing the money supply and they will keep doing that to prevent it from happening.

[@grimaffiliations3671]

it's already affordable, wages have grown more than inflation

[@Kyrid]

​@@grimaffiliations3671 No they haven't

[@bmoreblondie6301]

Wtf are u talking about wages HAVE not kept up with inflation not even close

[@ThatGuyOnYoutube2]

Remember how this works. it is "2.6%" compared to this month LAST year. Last year, it was like 20%. Meaning from 2 years ago, its like 22.6% up. Your life will NOT become cheaper until inflation goes NEGATIVE.

[@asw654]

Deflation almost never happens. It usually happens in depressions or major recessions.

[@bradhaines3142]

literally after a crash ​@@asw654

[@korkor8960]

It will never happen 😂

[@Hydroxica]

deflation = bad. you want your wage to close the gap but not cause inflation

[@TheSteveKinney]

actually... 2.6% cumulatively .. so - it's more so closer to like 24 or 25%... but that's also with their made up unrealistic measurement basket... all you gotta do is go to the grocery store to see that it's likely more closer to 100% to 200 - even 300% in some cases...

[@Pr0digy47]

Notice he said recession lol. He let it slip

[@noodlessoul8356]

Yep, freudian slip..

[@stevensmith-rb9if]

FOOD IS EXPENSIVE

[@bizHammer]

right and my food bill went up 300% again

[@shadowbanned4days]

These are the good times,enjoy

[@MrDonny27]

Yep they cut .25 and nothing will happen

[@capincrunch1184]

“Undermine the recession” 😂

[@JaneTheDoe-id2vx]

government should get rid of borrowing money and make law that if you can’t buy it with cash you can’t afford it

[@anthonyhernandez3400]

Do you even understand what the word fiat means?

[@AlphaDogX25]

That's not going to work out at all

[@leafyutube]

The economy would collapse without credit.

[@flatlandg]

I live off credit, that would kill me 😢

[@renardfox328]

That's basically impossible. However, we definitely need reform, especially regarding interest rates and credit approval for consumer spending. Far too many dumb financial decisions by the average person.

[@bp283]

My mother is 61 and hasn't found a steady, consistent job in years. Sure she doesn't have a bachelors in rocket science but she does have a college degree, and has worked all of her life and can't even get a basic entry level job. Just temp jobs here and there that don't last, and that are very far. I help her as much as I can but my finances are limited too.

[@grapplerunit]

No taxation with out representation

[@johnhinant970]

Our government is unsustainable!

[@kevinvoss220]

They better make gas 1.99 and your McDonald’s cheeseburger meal 1.99 And your full-size new F150 under $30,000

[@z-z-z-z]

and, 90% purity cocaine - 125.00 per 8 ball...

[@supreme5998]

Uhh. You realize prices are never going to go down? That’s deflation. The inflation number is how much prices go up, and it’s still going up but it’s just slowing.

[@dag410]

Government and Healthcare worker jobs increased as well as jobless claims.

[@youngmilly6353]

Thanks Brian hope all is well with you and yours

[@kwd-2023]

So tired of Powell and the Fed Reserve theater as a whole. Go away already!

[@SewingBoxDesigns]

To me it looks like saying the labor market is robust, is the same as saying an empty jar is 100% pure. At least in California, where we are seeing stores closing, businesses disappearing.

[@rosebloom2518]

Happy Monday Brian! Have a nice day!☀️🌺

[@julianschulz1620]

Why are High Yield Savings lowering their rate, despite the fact the Feds never cut anything?

[@Lagaholic]

Government, doesn’t include food, gas and housing in inflation data. Also government: everything is becoming more affordable.

[@grimaffiliations3671]

how do you not understand the difference between headline and core inflation yet? Jheez

[@shadowbanned4days]

Don't be soo negative

[@Shrike1988]

​@@grimaffiliations3671how do you not understand that they make this distinction for stupid people like you?

[@countryman6412]

More like 30% inflation

[@dolphinfan1493]

Wrong

[@jonathantaylor6926]

@@dolphinfan1493 Then why did my dogs bag of food just go up by 23%? Hmm?

[@dolphinfan1493]

@@jonathantaylor6926 how about average price of used cars dropping from 30k Aug 2023 to 27k now. That is DEFLATION look it up. We all get if you cherry pick whatever you want, it is the average of everything and it’s weighted also more bigger impactful category’s are weighted more then others

[@shadowbanned4days]

@@countryman6412 wrong.. 500%

[@walaaya2223]

30% indian

[@FireManTTSOM]

The flag is flying upside down right now.

[@NukSooAL]

How can you tell?

[@centex7409]

It should. And middle fingers should be flying high.

[@j.tradeforexinc.2819]

Hey Brian 👍🏾. Thanks for the news.

[@mykiea5156]

Man my face moisturizer was always 4 dollars, it’s now 13 😑 I had to look up other stores online with the same kind to make sure I wasn’t just tripping. And nope, I was not.

[@gimpee8113]

already stop using facial product, 1 sun block used for 1 year. No toilet paper, no paper towels, no cat litter (use play sand to recycle), forsee this coming in 2020, and cut all unnecessary. Dog,cat and chicken food all go up.

[@Number3boyz]

Labor market is weakening, inflation is still high. The fed is trying to break something because if they don’t and they drop rates, hyperinflation here we come.

[@Deed9623]

With all these new government jobs Be prepared to pay more taxes to pay all the new federal employees wages, pensions and TSP match. Taxes going up or create more debt!

[@hybridduncan007]

Health care workers are being hours cut, and hospitals are closing floors down. So I don’t know where they look, definitely not in Florida

[@Byrd21590]

Take our time and get right means. We are going to stif the American public for everything they have.

[@shadowbanned4days]

Choose your lube

[@1UchihaItachi]

Why US government tax it's people when they can print money anytime they wish? seriously why?

[@johnniefauvergue6723]

Good to know that someone in the tax business is keeping an eye on this for us. Thank you.

[@jirya957]

The rece**** Inside head: FuUUUUUUUUUUUUU!!!!!!!! I almost said the quite part out loud

[@user-rk7ly2bq5d]

I see everything getting more and more expensive, idk where is inflation cooling at least not in my neighborhood

[@shadowbanned4days]

Choose your lube😢

[@scottgeiser3736]

I don't believe that interest rates are at 2.6% every thing has tripled.

[@ChrisC-kv4bp]

*inflation rate

[@micker9830]

They tripled, because inflations was much higher than 2.6% for a long time and prices skyrocketed. They are trying to stabilize the prices now, but they won't ever go down, just not up as fast hopefully.

[@hushmoney2058]

@@ChrisC-kv4bp Putin Tax Hike... AKA Bidens policies ...

[@dolphinfan1493]

Inflation is the rate of change. Everything could have tripled. But if a year later it is the same price even tho it tripled inflation is now 0% UNDER the fed goal. Prices will never go back before Covid. So can everyone stop crying about that

[@joemama69448]

Yeah no joke I spend almost 3x as much on groceries compared to 2019

[@do-uc6xj]

Sept might depend mostly on unemployment. Unemployment is low, but it's gone from 3.5 to 4.1% in the last year. The problem with unemployment is that it shoots up fast and comes down much slower. So I think if it trends up faster, like going to 4.4% by Sept, they will cut. I not, they won't.

[@mmirafuentess1990]

Good morning and Happy Monday Brian! Hope you and your loved ones are doing well.

[@wayneqwele8847]

@2:56 " ..we could unnecasarily undermine the reccesi. .eh recovary" .

[@JamaicaliveboyOnelove]

The better answer is, "Let's see how longer we can starving people so our Population can be reduced

[@MB031]

He burned it. He said recession 😀

[@dracodomitor6676]

He said it “we might undermine the recession”!

[@MOstix13]

Social Security isn’t coming close to keeping up with inflation. Seniors are getting screwed.

[@gimpee8113]

ya i heard that the increase in social security is not enf for rent.

[@edtizzard8064]

Powell is he the one who is driving the clown car 😅😅

[@timgibson3754]

Congratulations on the millions of subscribers. I'm digging it

[@JulianoGSF]

FED must raise the interest rates and unemployment will then shoot up. There is no easy way out of this mess. Demand for goods must be tamed.

[@VictoryXR]

Bro, we all need to eat!

[@JulianoGSF]

@@VictoryXR Some bankers already said eat less meat and more cereal. lol

[@lenalor5651]

Everything is getting worse.. I believe that we all need a job that Start at 20 plus to make a living. I remember Last year cooking oil at Walmart is only $5 now, is 10 bucks. I believe that everything is going to get worse.

[@shadowbanned4days]

Atleast you know where the lube is

[@question2know662]

Labor market strong= more government jobs. If my grocery bill is any measure, inflation is not going down. America you are being played.

[@Kassandrasson]

FREUDIAN SLIP 😂😂😂😂😂😂😂😂😂 2:57

[@Ace1000ks19751982]

I wish interest rates goes up to 10%, so I can just live off the interest from my savings.

[@user-oi9qq5dn6t]

Typical lazy boomer mentality. I guess you have a 2.5 percent interest on your mortgage as well.

[@richardgash2349]

2.6% inflation. That's the biggest joke of Monday.

[@es3178ify]

Sorry, all I can hear Powell say is, "Myy prrreciousss!!"

[@derekcreative2811]

😂

[@robertharrelson5024]

This interest rate lag effect is so gradual so far. It is like watching paint dry.

[@jonathantaylor6926]

True but it's basically the inverse of 2008... for several years rates and home prices dropped in concert.. but eventually low rates did cause extreme home appreciation. Well the same is true now. Higher rates and higher prices.. but eventually this lag effect will catch up.

[@shadowbanned4days]

Up up up. No rate cutes. No way a cut can happen. Inflation costs will BOOST

[@3xpos3gov3rnm3nt5]

He said it himself. “THE RECESSION”

[@MG46931]

Powel is just stalling until he's given the green light. Someone(s) knows the exact date they will be cut

[@mr.mcallister6502]

Job market is mainly government jobs and low paying jobs. Just print more money and give it all away to Ukraine and illegal aliens. That should help.

[@MrRockydee07]

The government said they're not satisfied they already took some from us but they need to come back and take the rest

[@victorandrade7940]

I guarantee if they drop rates, people's spending will go out of control and retailers with increase prices for those record profits. They need to feel the squeeze to drop prices or maintain sustainable inflation.

[@rickdsanchez6452]

Bongards cheese I buy went up by 3$. This is since last month. 12.99 now 15.99

[@TheHouseOfRonin]

The fact that they keep saying inflation is only at 2.6% is all you need to know about the govt. And yes, i know its compared to last years month. Get a 2nd passport , people.

[@gimpee8113]

the whole world is like this since the multi trillions print in pandemic, the inflation also export to other countries.

[@persistentintensity]

Those of us paying attention know they are lying to us about almost everything. Inflation is on the verge of being completely out of control. Companies are laying off in big numbers or closing locations. Jobs seem to be going to non-citizens. Depression.

[@DCAANDPRAY]

Jerome Powell with the slip up and says Recession.

[@OsoMelanin]

I appreciate your knowledge ✊🏾🕵🏾

[@ROSHAMBRO-pu5mg]

Freudian slip at 02:58.

[@autoimmunitycurse]

Dad cut up credit cards in 80's. Never used them again. Im about at that point despite paying balance off every month. Business and govt charge fees higher than rewards now.

[@aaronmcconnell4624]

I live in the Spokane Washington area, has someone who self-employed work has really slowed down and it’s difficult to get people to commit to jobs. I can vouch for a slower labour market and economy.

[@jadalove3677]

Thanks for the update Brian

[@coreytrevor1311]

Vast majorly of jobs being created are government jobs. (Unions). Government jobs add nothing to GDP.

[@anthonynardella8907]

If the gov't keeps printing money and won't stop spending money they don't have, how do you ever lower inflation? This will never stop.

[@reginakrauser9146]

We are grateful for you clear cut, straight forward information @Brian. Thank you from the bottom of our hearts!

[@Doty6String]

people are so freaking obsessed with lowering the rates...

[@medicatedforyoursafety9349]

I don’t need to even watch to know how screwed I am

[@takashikastl1051]

He slipped up a little having a woman interview him but I get what he’s talking about. Sept is an inflection point

[@ElpisML]

Thanks for the update 😊