Fed Chair Jerome Powell: We will eventually get relief on the supply side

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That poor young woman her voice sounds like a two year olds. Good for her for rising above it.

Caroline.
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PLEASE READ THIS CAREFULLY: If the Fed’s rate is raised more than 0.25-0.50, the US government must allocate almost one trillion dollars for bond interest rate payments. I see several-rate rises as empty threats. While the Fed’s rate is currently very low, the US government already pays almost half-trillion dollars interest payments to bondholders, which is equivalent to the total health annual budget. Now if they double the Fed’s rate, imagine the US government has to sacrifice education, defense, social securities, infrastructure, and health in the budget for interest payments for bondholders. Please check the US budget yourself. Don’t be fooled by this impossibility. The Fed wants the fear to suppress the market instead.
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