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Fed Keeps Rates, Bond Purchases Steady; Signals Hikes in 2023

  
EconomyJun 16, 2021 04:44PM ET

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Jouni Matero
Jouni Matero Jun 16, 2021 2:12PM ET
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Surprise, no change in policy. Welcome stagflation...
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Darryl Allen
Darryl Allen Jun 16, 2021 2:12PM ET
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Lazo Syxt its inflation without growth, right?
Jouni Matero
Jouni Matero Jun 16, 2021 2:12PM ET
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Yes, you can always Google it if u don't?
Jouni Matero
Jouni Matero Jun 16, 2021 2:12PM ET
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Kind of, it's increasing inflation and at the same time slow economic growth (which I expect to happen once producer prices keep on rising and people spend less and less, as which is already happening based on latest data from yesterday).
Jouni Matero
Jouni Matero Jun 16, 2021 2:12PM ET
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Also add high unemployment, which is already here and won't ease, there you have stagflation. Year or two.
milena villa escobar
milena villa escobar Jun 16, 2021 2:12PM ET
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Lazo Syxt  ask Larry Summers he doesn't know either
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