Fed Chair Powell: Rate cuts will depend on path of economy

1. Concerns about a potential recession and the Fed's talk of interest rate hikes have left me uneasy. I'm unsure about my $700K portfolio strategy, considering the uncertainty of a recession and the possibility that interest rates may not rise significantly

2. We need significant rate cuts now

3. It's too bad the fed doesn't use any data to set their policy goals. They set their policy goals based on what benefits the 1%.

4. Elections have consequences

5. The price of a home has inflated 2 or 3 times the real value, the price of gasoline, food, electricity, natural gas, water has doubled in some states triple, the price of a car, van or truck has doubled, the price of car-Insurance, health-insurance, home-insurance has double This is the way the B-administration takes money from the poor and gives it to the billionaire (BlackRock&GiPOwners), but you are too dumb to figure that out. The B-administration is using your credit card to finance 3 wars, (against Russia, China, and rich Arab countries) every politician gets their piece of the pie, the money to make payments on the credit card, come out of your paycheck, (called Taxes) that makes you a slave.

6. The key to knowing the state of the economy. Question: Can I afford in the Biden administration what I could afford in the last administration? And the answer is: NO, you cannot. Question: Is the 125% price increase of everything I need to buy and pay equal to the 17% salary increase I got; the answer is: NO, it is not. Question Analysis: Is the Biden administration taking money from doctors, school principals, Engineers, factory workers and transferring that money to the Billionaires “by price increase”. The answer is YES.

7. Interesting how over 2% inflation has been a concern when central banks and the Fed begin to hike interest rates. I consider the rising interest rate to be a very serious issue since it will undoubtedly cause more investors to withdraw their money from the stock market. But then I'm still aware of certain investors that continue to earn over $365,000. Wish I could accomplish that.

8. My portfolio for the past 30 years has always been self managed and I own 3 shares of Berkshire Hathaway Class A stock (BRK:A) which I bought in at about $17,000 during the mid 90s, I’m currently liquidating some of these positions to incoporate new Gen. Stocks, but am I better off re-investing into Gold as it seems stocks are a little too unstable right now.

9. Elon Musk should replace this individual 😮😮😮😊😅😅

10. He's only discussing it to keep the markets from self destructing. Don't expect rate cuts anytime soon.

    He needs to lower the inflation threshold to .9%

11. How many times has the fed been wrong in its projections? How about every time. They said inflation was transitory. Does anyone believe any of their cpi numbers over the last three years. Yet they stand there and say inflation will go to 2 percent. How? When the balance sheet was hardly reduced and they will need to increase money supply to bring rates down which will cause inflation.

12. Does anyone really believe inflation is going away? Powell thinks the public is dumb and dumber. As soon as he cuts rates, there will be a buying frenzy which will push prices back up – and he knows this. Then they will be forced to tighten again.

13. He made it clear. Rate cuts in latter half of year. Watch inflation skyrocket as soon as he does that. It’s a repeat of the seventies. They tighten, then say inflation is gone because the data says so, then they cut rates and inflation roars back. It’s exactly what happened in the seventies.

14. The path of the economy has been clear for years to anyone paying attention. To those who haven’t been .. good luck.

15. Just how corrupt are the Fed people? Rhetorical question. They're all Totally corrupt, every last one. Powell is the captain.

16. Economy is crashing hard. All business are beyond slow. Many businesses have already cut employees

17. Fed rate high, all central bank all over the world follow, unless they want their currency getting weaker substantially. So all mortage rate, loan rate etc not just in usa, but all over the world put a hard burden on people

18. If rates are at record levels right now, and inflation is still rising as in the case with out last CPI report what kind of madness is it to suggest we would lower them unless the intention was or is to value the dollar as a unit of labor and reduce American quality of life.

19. "Some said some, some said none, what say you ? " that intro is fire thou…..

20. 老野， Trump will fire you when he take office

21. Well if Government stopped spending money, keep giving free breaks, it would help. Fed can raise 10% and it wont do anything when govern keeps spending like druken sailor

22. higher…. for… longer.

23. Don’t underestimate this fool. He will keep interest rates high until it is too late. Then economy will be screwed again. There are so many white collar layoffs. At the same time white trash jobs are getting created. What is the use of

24. They should cut rates

25. We all know inflation is not receding…how do our leaders not yet know this?

26. Powell is like, lets get this BS over with. Every idiot in that room knows, its only matter of time before printing restarts. 😂😅😂😂😅. Its all a big $hit show for the American people. We need full rate hike and cut government spending to end this ponzi scheme

27. Brainard and Kashkari wait in the wings. Powell is reasonable.
    the MMT faction wants low rates and high inflation.

28. Why US government tax its people when it can print money out of thin air? Is the taxpayer's money ENOUGH to fund the US Government?
    Answer1: because they want to give us the ILLUSION that WE the people are funding the government.
    Answer2: HELL NO; why do you think US government has $34+ TRILLIONS of debt.

29. Dude's is up all night and the feds is up all they

30. They don't even know what's going on

31. Better than any theatre in NYC.

32. Gotta get Biden reelected. S&P 500 to the moon.

33. It’s all in the data

34. The fed panic and went too far with rate hikes. It has little effect to tame inflation

35. Go newmont

36. Why are elected government officials asking the head of a private central bank questions about what [he] is doing with the U.S. economy?

37. You ever miss the last step in the dark ? You fall like 6 inches . . . But it feels much worse. There's your soft landing.

38. He is saying as long economy is still not being hurt very bad, we are not going to cut rates

39. People don't understand how difficult it is to control inflation and have the weight of the economy on your shoulders.

40. Powell lies all the time!!!!!

41. The fact he is even talking about rate cuts right now is very troubling.

42. It seems that congress it trying to force Powell to cut intreast rates so they don't lose their butts in the stock market. Powell is using the governments fake economic numbers to keep from lowering intreast rates. We shouldn't lower the intreast rates and let the economy adjust to them where they are at. If he does lower them we will be right back where the problems were in the first place.

43. Great video! I really do have a quick question. For someone with less than $10,000 to invest, How would you recommend we enter the market? I am looking study some traders and copy their strategy rather than investing myself and losing money emotionally. Whats your take on this approach?

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