Federal Reserve Chair Jerome Powell discusses interest rate decision | full video

[@abolisher]

So nothing changes great now we’ll have to wait until September.

[@mbbb169]

This was known before this meeting really. Interests rates will drop with 100% certainty in September and continue through the next two years unless something big changes. You shouldn’t be all that excited anyways as decreasing interest rates will cause inflation to rise, home prices to rise, cost of living to rise, etc.

[@refham]

He made a mistake. Instead of trying to brake suddenly right behind the car stopped due to an accident, he should have changed lanes earlier as a precaution. He is not just a machine that reads the lagging indicators.

[@angeldelcourt6882]

Slowly and steady.

[@debscamera2572]

You need a new definition of inflation that takes into account CEO compensation, shrinkflation, and stock buy backs.

[@nex-ex5100]

Meanwhile, corporations and the oligarchs that own them are making record profits. This is why we need a strong Federal Government. It is the shield of the people, because it is suppose to be the tool of the people.

[@mbbb169]

Well with lower interest rates we get higher rate of inflation, higher home prices, higher cost of living soo you shouldn’t be all that excited about interest rates dropping

[@jude999]

BS. Corporations have employees, with most Americans having their life savings in corporations. The point of corporations is to make "record profits." It is the Fed and Federal Government who artifically manipulate the market to retain power. They have created our debt and our inflation.

[@nex-ex5100]

@@mbbb169 Yeah that's not how that works but okay. Corporations set all of their own prices, not the Federal Government. They are price gouging us while making record profits. People's suffering is from greed and nothing more. It's fine though because it can only actually get so bad.....Before, ya know, we eat the rich.

[@robcyr839]

Jerome can end these long senseless meetings by just saying "inflate, inflate, inflate" and then hit happy hour.

[@MohammadRezaMikaeil]

prince of persia

[@fortyfourandgore9787]

Republican stonewalling once again. This guy has been kicking the can down the road. In September, will probably hear the same thing.

[@larriehowatz-oo5cr]

you ->🤡

[@Cocolicious08758]

Mhmmm

[@susancox1867]

Republicans at their best!