Already stubbornly high inflation in the US has risen even faster than expected.
It is fueled by higher costs for petrol and housing.
The Motley Fool Chief Investment Officer Scott Phillips says if inflation ticks up in the US, it “pushes things further away”.
Mr Phillips told Sky News Australia that the US “won’t have much choice” but to increase interest rates.
“If inflation goes up, they’re going to have to do something on rates.”
source
There goes stocks and bonds
Look into your future Australia……
They released Covid, tricked our dumb leaders in to lockdowns, money was printed, inflation was induced. All calculated well! We’re less productive than ever, we’re more divided than ever. Congrats to the Chinese and Russians well played!
I will say it again for the dummies…inflation is a 14 year cycle low to low so inflation will peak in four years along with interest rates.
Biden and the Dems will do whatever they think will keep them in power, no matter how it hurts our country.
😂😂😂😂 because spending less didn't occur to anyone
Fuel costs are the culprit and all these golden parachute policies are not gonna help yours truly.🙄
Thank you 🙏 Sky News Australia for covering the bs my country is going through without liberal logic and views😁👍🏼❤️🇺🇸🇦🇺
Rate cuts were based on hope and not much else.
Another problem is that the USA is generally the leader, so other Western nations might also see an uptick in inflation.
Same here 😮
Today's trumpetear to fall is Allen Weisselberg……
5 months jail……..👋
April 15…..🇺🇲
It begins….🍿
😆😆😆……
Dreaded inflation
Ha ha ha final nail in the coffin of the Jewnited Snakes of 'Murica
And the same will occur here if our magnificent PM does what he proposes; which is to copy the US 'inflation reduction act'…………………
😂😂😂😂😂😂*FOX SAID: 29 Jan 2024 — Former President Donald Trump said stock market gains are the result of investors betting he will beat President Joe Biden in the 2024* So the great economy and job creation fuelling inflation is TRUMPS FAULT.
😂QUACK QUACK QUACK don't you love MAGA Making America Gullible Again🤪
Stop giving other fucking countries billions,and billions,and billions, and billions, and billions of dollars might be the answer among other things when the US can't even truly take care of it's own people
There is another choice, but one the Dems will not allow, that is stop printing money.
Inflation lol…..its greed by big monopoly companies….biden has made everything 35% more on average….dont forget its always trumps fault 🙄
Comments are closed.