Inflation's still too high and the slow progress is concerning, says Cleveland Fed president

[@Macvicky]

How to Hedge Against Inflation: Keep some extra cash on hand, Invest in Various Assets (stocks, real estate, etc.), If you are going to take on debt, better to take it on earlier (assuming you can pay it) before interest rates rise. Refinance

[@Lemariecooper]

I genuinely mean it when I express my stress and concern regarding the market crash and high inflation, particularly in relation to my retirement. I have been experiencing losses for quite some time, and while some may argue that crises can present opportunities, I am feeling overwhelmed. However, I understand that investing is a long-term endeavor, and it is crucial to maintain focus on the bigger picture and the long run.

[@Erikkurilla01]

Considering that I am only three years away from retirement, it becomes challenging for me to solely concentrate on the long-term perspective. Despite having invested in reputable companies and having a significant amount of funds allocated, my profits have been stagnant. This situation raises the question: Does the current recession and unstable market offer any calculated risk opportunities for generating profits?

[@Erikkurilla01]

@patrickbrussels4454 I have experienced significant losses, and I am holding on with the hope of recovering them. It is evident that I am in dire need of assistance. Could you please share the name of the investment adviser who guides you?

[@jessicasquire]

@patrickbrussels4454 It seems that *STEPHANIE KOPP MEEKS* possesses extensive knowledge and a strong educational background. After conducting a Google search of her name, I discovered her website. Thank you for providing this information.

[@alicemendoza5269]

Inflation is significantly more damaging to individuals than a collapsing stock or real estate market since it directly affects people's cost of living, which they can immediately experience. It is hardly unexpected that the market sentiment is so bad right now. If we're going to survive in the current economic climate, we need assistance.

[@patrickperez7387]

Considering how tough it is for me to navigate the market, I think I may use some extra help. Since I've already sold most of my assets, I might need some advice on where to put my money.

[@harod033]

Your best option if you lack market understanding is to get guidance or support from a consultant or investing coach. Making a simple phone call to a consultant may sound easy, but that's how I've been able to stay afloat in the market and grow my portfolio to over 65% since January. It is, in my opinion, the most effective approach to start out in the sector right now.

[@Igorstravinsky788]

@@harod033 Please provide me with the name and, if available, a phone number of the investment consultant you deal with.

[@harod033]

@@Igorstravinsky788 Ruth Loralann Brennan, whom I discovered on a CNBC interview and contacted, is guiding me. She has since given me entry and exit points for the securities in which I am interested. You can look her up online if you require care supervision.

[@godof-ou1dw]

@@harod033 thank you for this tip , I must say Ruth, appears to be quite knowledgeable. After coming across her online page, I thoroughly went through her resume, and I must say, it was quite impressive. I reached out to her, and I have booked a session with her.

[@grahamjackson6589]

I wanna know the people who were pressuring Powell not to raise rates early on.

[@gjerrildkro]

It should be alarming. Since this began with inflation is "transitory".

[@kidwichita]

We'll wait until something happens to do something.

[@gjerrildkro]

Good questions Steve. We need 6.5%

[@jetskipapi6193]

Thanks for the transparency...I hope she is the next Fed Chairman once Powell is done

[@grahamjackson6589]

What type of economists are still adding liquidity while inflation is passing 5%🙄 duh

[@peteg8346]

Thanks Steve.

[@JannyLuits]

You got valid points though Inflation is dilapidating. Quite sad what's happening in the market. Although, even the worst recessions offer wonderful buying opportunities in the markets if you're cautious. Volatility can also result in excellent short-term buy and sell opportunities. The market circumstances are driving me insane, my portfolio has lost almost $13K this month alone, my earnings are tanking. I'd appreciate some financial advice from anyone who knows more going forward.

[@bradley0.0]

There are good days and bad days. It's a zero-sum game, but keep this advice in mind: spend wisely, invest wisely, and diversify your holdings so that when one performs poorly, the others do as well. This can be accomplished by hiring a knowledgeable specialist whose platform provides a wide range of investment options. By doing so, you leave little room for regrets and may even gain more.

[@Justinmeyer1000]

Thats true, I've been getting assisted by a FA for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.

[@Justinmeyer1000]

@Frederick. cooper My Financial adviser is ‘’Christine Jane Mclean’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market

[@Hotmail727]

FED had only one job; look where they got us - broke & high inflation...

[@chiefrocka1363]

How is the chart 3:53 showing pce headline below pce core when core is included in the headline number????

[@pragmatica1032]

That tells you that PCE for food and energy is going down faster than for the core.

[@Wall.Street.AV.]

I just bought a new pair of shoes. They told me the shoes come with AI so i had to pay 3 times the real price of the shoes 👟 😅

[@notinterested9097]

You got a deal if the shoes came with Allen Iverson 🤣

[@HS-lb8kv]

That was a good one! Had a good chuckle! You should have paid 1/3rd in cash and told them this was AI money and it is so intelligent that it would triple automatically!

[@hayaq9991]

I always thought money was backed by gold/silver.. but that cant be true

[@sybr3602]

In a "normal" monetary environment. The Fed may be able to "control" inflation by "pulling" prices down. But when there are global shortages and massive debt loads, high rates will have unintended consequences. Including breakdown of modern civilization if situations becomes more desperate. The goal of all monetary systems should be not only to create prosperity, but to create economic stability and sustainability. None of which has been achieved. You don't want civilization to come to an end (at least not so fast). Owning a nice mega mansion is nice, but not when civilization is falling apart.

[@christiancoronado]

The FED has to stay over 5% in fed fund rate at least until the end of 2024, possibly longer

[@patrickfuchs3859]

AI should control a fluctuating national sales tax. Interest rates don't affect consumers like myself... taxation would be more efficient and could be applied by Congress directly to national debt. Also, employers need to stop wage increases which simply enable discretionary spending. If a worker cannot get more wage then they'll be forced by market constraints to stop purchasing unneeded items.

[@sunsoulx3656]

2% inflation will be a long bumpy road.

[@dayneholt4149]

Just looked on truflation showing 3.5 looking pretty good to me. A ways to go but certainly not that far.😊

[@8088I]

Once Again, New Zealand does the Pragmatic thing - without Prejudice or Favour to any ideological farce. 💪✌️

[@hiy5088]

People use credit card so they can get the money back in their Accounts

[@2023gainer]

8 % Gains Early Today...* FFIE... Faraday Future. New Press Release... FF 91 AI Tech Luxury Futurist Alliance Coming May 31 st.. Wed... The Future Is Finally Arriving.

[@brycesattler2301]

*X* Andrew Carnegie Steel

[@FairBeautyEssentials]

🙄GTHOH! You do know that inflation is due to corporate greed and price gouging?

[@bsgvlog5640]

No

[@usadaytrader]

It's because of free money

[@mrdoerp]

Lol, clueless

[@kurdi98k]

Slow progress? Truflation is already under 3%. So far it has been a precursor to lower official rates. We are nearly done. Well done.

[@JosephMcEntee99]

Amazing video and I would advise using the recession and inflation to your advantage. You can only prepare for and make plans for them because recessions are an inevitable element of the economic cycle at the main time, I’m still glad 😃 I can smile back at my portfolio of $70,000 made from my weekly trade within a short period.

[@danialwiren2403]

Same here, not until they get burned by their mistakes, people do indeed minimize the role of expert counselors. The covid epidemic and my early 2020 layoff came at a time when I needed to stay afloat, so I looked for license advisors. Mayra Femia-Hetrick whom is searchable online made my previously stagnated $325K reserve to have so far generated massive returns from subsequent investments thanks to someone with practical expertise and decades of experience that I was fortunate enough to come across.

[@debroahmorrow5919]

We're only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08' crash and l've been looking into similar opportunities in this present market, could this coach that guides you help?

[@WEi45635]

@@debroahmorrow5919 My Financial Advisor is Mayra Femia Hetrick. I found her on a CNBC interview where she was featured and reached out to her afterwards. She has since provide entry and exit points on the securities I focus on. You can run a quick online research with her name (Mayrafemia) if you care for supervision. I basically follow her market moves and haven't regretted doing so.

[@ryan_dylan6650]

She appears to be a true authority in her profession. I looked her up online and found her website, which I browsed and went through to learn more about her credentials, academic background, and career. She owes me a fiduciary duty to act in my best interests. I set up an appointment to use her services.

[@gebissagelan735]

@@ryan_dylan6650 She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.

[@brianalbano9005]

Zzzzzz . Just trying to scare markets down ...

[@jeffrucks4477]

Raise those rates and keep them there forever,no free money.

[@chrisVr21]

Don’t fight the fed

[@brianalbano9005]

@@jeffrucks4477 yeah and ruin the economy..

[@MrV717]

4.7% were on the road to 2% and it will get there over time

[@spikey5216]

Yeah in 3 years

[@MrV717]

@@spikey5216 exactly ... so what's the problem

[@spikey5216]

@@MrV717 if u dont see a problem with high inflation for three more years then there is no point of talking to u

[@eljefe5858]

​​@@MrV717 that the power of purchase is done, gross even says wages must go down 3% in a prouch. The People will burden the "solution".

[@MrV717]

@@eljefe5858 huh?