Vol8188
revolUTion in the air!
- Joined
- Mar 19, 2011
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What kind of impact did you expect the .25% increase from March to have on the consumer price index for April? Good lord. It sounds like your expectations may have been slightly unrealistic. LOL.
Following the May 4th meeting of the Fed, interest rates were raised by .5%. We'll see how this helps tamp down inflation. The Fed has outlined a plan to reduce liquidity in the financial markets by letting close to $100 billion in bonds roll off their balance sheet every month, reducing liquidity by about $1 trillion per year, per their estimates. Inflation is a real problem, that isn't going to instantly disappear.
No comment on the policies mentioned? Gas relief checks or corporate taxes. Can you tell me how that decreases inflation?