The move towards 2% inflation seems to have been stalled, says Roger Ferguson

[@mickeybeavison1053]

END the federal reserve

[@illegalsmirf]

2% inflation is a ridiculous pipe dream since 2021

[@lakeguy65616]

Inflation appears to be "sticky" above 2%. The unemployment rate is near historical lows. The latest GDP was 2.8% growth, which is good but doesn't indicate the economy is overheating. We appear to be near the Neutral rate. Cutting the Fed Funds rate is problematic at best.

[@waynesnelling8259]

unemployment is moving up rapidly and the actual rate is far less important than the rate of change. no one seems to understand this. recession will begin in the first quarter.

[@2148aa]

@@waynesnelling8259 2022??? 2023??? recessions are like the tooth fairy while inflation hits you in the face like a sledgehammer

[@illegalsmirf]

@@waynesnelling8259yes just as soon as Trump takes over rofl 🤣

[@jasonsargent5030]

If a recession takes place in january, I wouldn't necessarily be blaming that on Trump. Would that not be a spillover from the Biden administration?​@@illegalsmirf

[@ssuwandi3240]

Thanks to Visa new cap 3%😅

[@jeffstrong4580]

Banks are raising rates using higher risk with inflation as an excuse after FOMC lowered rates by .50 and .25 which isn't helping customers and making banks more rich. It's waste of lowering rates right now.

[@lakeguy65616]

Why doesn't the FOMC meet more frequently and raise or lower the Fed Funds rate in smaller increments, 10 basis points for example?

[@erichvonmolder9310]

Did he say anything that we already knew? Can you all interview me please and I will charge half of what he gets. Thanks

[@muskduh]

the answer is to give poor people money obviously

[@jody2055]

Congrats captain obvious

[@Tony-lb5eg]

😂😂😂😂