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Economy

usonian

(13,830 posts)

2. Transation:

Reply to sprinkleeninow (Original post)

Mon May 22, 2023, 04:27 PM

May 2023

What he said:
Federal Reserve Bank of St. Louis president James Bullard said Monday he thinks the Fed needs to hike interest rates two more times this year because economic growth is surprisingly robust and inflation isn’t slowing fast enough.

What he meant:
Federal Reserve Bank of St. Louis president James Bullard said Monday he thinks the Fed needs to hike interest rates two more times this year because Biden's poll numbers are surprisingly robust and the country isn't tanking fast enough.

"Free market economy" ... Have you seen one?

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Yahoo Finance: Fed's Bullard calls for two more rate hikes in 2023 [View all] sprinkleeninow May 2023 OP

Here's something I wrote about the inflation situation yesterday -- progree May 2023 #1

Forgive me, but I don't see well when posting. sprinkleeninow May 2023 #3

Thanks for the explanation, sorry progree May 2023 #4

Transation: usonian May 2023 #2