What to Expect From the Fed Meeting

The US Federal Reserve is widely expected to raise rates by 75 basis points at the end of tomorrow's meeting. Alix Steel and Guy Johnson welcomed Meghan Swiber, Bank of America global research US rates strategist, for a preview.

[dannypowers]

Middle class people are being killed by inflation. Rich people have money and inflation does not hurt them. Poor people get adjustments in their social programs to help them make end meet. It's those who live just above the poverty line to upper middle class that are suffering.

[nehmanator]

Rate hikes are if anything, inflationary. Not deflationary.

[Interglacial_optimist]

Is the terminal rate where everybody dies or just the economy?

[thinkpod]

True inflation is 18.6% if fed raises rates won’t they need to adjust and pay pensions, social security, medicare beneficiaries the proper rate of inflation if interest rates go up? Also, core CPI lags CPI which plays catch up! I hear proposals being made that city governments are planning to give gas card stimis in the form or credit cards?

[seanregehr]

Inflation is nothing more than so called "rich" people devaluing your stuff so they can earn profits from your loses. This is when the common, logically thinking individual would stop and ask themselves and likely others, how is this not a criminal offense at the least!? You would be doing well to think in terms such as this. Even better if you never had anything to do with it.

[Yourdeadmeat]

2.5% above inflation is an overnight rate of 11.5 to 12%

[Interglacial_optimist]

You can't reduce the need for labor in a growing population so let's say we stop diesel gasoline and everybody has to pick corn by hand that would require millions of new laborors.
And think about how great the steel industry will grow making all of those leg irons and chains.

[artembespyatyh]

Everythink is fine, we'ill gone to big badda bum. I love it.

[tiger]

do not understand, will 100 bps help you drill more oil?

[torontocharlz]

JoJo Powell is too much of a sussy to pull a 75 basis point. I am betting on 50 bps

[peoplearecrazy]

If it is only 50 basis points, the market is going to crash.

[Interglacial_optimist]

Raising interest rates and giving Banks more profit should really help reduce inflation.

[helpme]

They could expect but it just might not happen