Fed Pause Will Be Met With Sighs of Relief: JPM's Manley

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"The Fed is going to have an awfully hard time transmitting monetary policy through a banking system that is broken," Jack Manley, JPMorgan Asset Management global market strategist, says during an interview with Jonathan Ferro on "Bloomberg The Open."

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Sigh of relief for multi millionaires and up. The average person will continue to get abused by the Fed's piss poor job of handling inflation.

justinchapman
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The USD and all the money printing will come to an end unless you keep raising rates

Finding-Fish
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Investors and depositors decide banks loans to order banks not bankers

marekkolenda
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US learnt its lesson in the 1930s, now history repeats itself. Learn from your mistakes is all I can say.

praveenspike
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Fed balance sheet go up 300 billions $ last week.Powell and Fed start new QE printing 300 billions $

marekkolenda
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The Fed is no doubt at fault when they were too slow in controlling inflation in the beginning and now they are trying to do extreme catchup. The pandemic, the supply chain issues, and the Ukraine war all contribute to this perfect storm of brewing inflation. Don't forget the big spike in housing prices, that's another reason the Fed is having a hard time-fighting inflation. All in all, cash in king now and milk that high savings rate if you got the cash. Good times will only last so long and bad times will fade. My advice to anyone feeling the heat in this inflation just trades long term more than ever, I have made over 587k from day trading with FLOYD JOHNSON in a few weeks....

markschafer
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Hahaha
FED almost done.
What world you live in? Got a ways to go yet.

Dank_Nuggetz
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New printing US $ currency in ATM machine circulation

marekkolenda
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