I’ve called for a ceasefire since November, a release of the hostages, and an end to this horrific war. We need to ensure that the current negotiations for a ceasefire are successful.
The #banking sector is the weakest part of the U.S. economy. If it fails ‘cus of the #Fed#treasurybills will become worthless, regardless of the coupon rate . So might as well #invest#money into #privatesector#equities to put it to work toward productive purposes and return.
The effect of recent #Fed’s dramatic increase in interest rates on local banks are an example of #Heisenberg principle (unintended consequences) applied to managing the money supply.
The situation in #Ukraine is becoming increasingly difficult and intractable vis-a-vis the #federal budget and our relations with the #EU. Is this any time for the #FederalReserve to plunge the #economy into a recession? We must support the #Ukrainians from a position of strength
Many regional #Fed presidents are saying that the Fed is on the right track and that interest rates must go higher to beat #inflation. Where were these folks a year ago when the #Fed funds rate was close to zero?
@robdelcasCR@laserfiche Thanks Roberto! The @Laserfiche Solutions Marketplace is a tremendous place to pick up pre-built digital processes and obviating the need to re-invent the wheel!
Forget about the damage that the precipitous and capricious interest rate hikes have done to the #USeconomy. They have eviscerated developing economies such as #Pakistan's. Its #currency has devalued from 170 to 270 #PKR to USD since April 2022. Making imports 63% more costly.
The Headwinds causing #inflation are #supplychain issues and rising energy costs. No reason for Powell to make #money more expensive also. Makes about as much sense as keep it free for so long. Manage fiscal policy intelligently, please.