- 17 Jun 2021 09:01
#15177174
https://www.google.com/amp/s/www.cnbc.com/amp/2021/06/16/fed-holds-rates-steady-but-raises-inflation-expectations-sharply-and-makes-no-mention-of-taper.html
Nothing to see here. FED still say inflation is temporary. But even so, they have brought forward their own rate timeline because... well, I don't know... to counter a risk of inflation in the future??? That is some sound logic there.
Although it shouldn't be surprising that businesses have hiked up prices given they have accumulated debt over a stagnant market whilst businesses are also trying to regain their profits they lost last year too. And we seem to have built up savings over the last year too given we have not had the opportunity to spend whilst also handing over free money to increase that surplus and soon we should see an open market of low supply and high demand. The pieces are moving. Watch this space!
Nothing to see here. FED still say inflation is temporary. But even so, they have brought forward their own rate timeline because... well, I don't know... to counter a risk of inflation in the future??? That is some sound logic there.
Although it shouldn't be surprising that businesses have hiked up prices given they have accumulated debt over a stagnant market whilst businesses are also trying to regain their profits they lost last year too. And we seem to have built up savings over the last year too given we have not had the opportunity to spend whilst also handing over free money to increase that surplus and soon we should see an open market of low supply and high demand. The pieces are moving. Watch this space!