The Federal Reserve is set to begin crucial new meetings on Tuesday, as it tries to get record inflation under control. While President Joe Biden remains optimistic there will not be a recession, some economists fear the United States is already on the edge of one. NBC’s Tom Costello reports for TODAY.
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#Interest #Economy #Inflation
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Biden is so out of touch with American's it isn't even funny, hes out of touch and senile.
Thank you Brandon
We have been in a recession for months.
SHORT SELLERS WILL LOSE LOTS LOTS OF $$$!! BULLS pause b4 SQUEEZE the Bears, Guaranteed. That's how money is made. FED decision and CLOWN with NEWS are USELESS.
hyper inflationary depression……dont start wars you cant win
Democrats just changed the definition of recession so we don't have one.
It's okay, this administration will just change the definition
This senile old man has ruined this economy
Inflation will go up again. Don't depend on the FED or BOC. Take care your Assets and your Family.
Let’s go Brandon!
we did it jerome!- kamala harris
The Resident has no clothes.
-Q
There is no recession. Stop peddling it
Jobs go un-filled – that is not recession.
Thanks Brandon for the amazing economic growth you have achieved
These bankers had ought to have been thrown in a dark prison after 08, now they are back and have more than 4x the size of the fraud.
Ha ha “Possible” …righty-o
I'm just wondering if they're going to count inflation numbers.
What happens to the money when people sell housings and stocks to buy better options.
Fire these crooks for making excuses for the banks to make more money. Politicians around the world are to blame for the extension of covid problems and for supporting a war. Everyone should be investigated into who made a profit from covid and the Ukrainian war. They should pay, not the average person. Crooked politicians steal from the people, just like in the past with aristocrats.
They can change the definition of recession all they want to the simple fact is we are in a deep recession now. who are they trying to fool. We are at the beginning stages of a hyperinflationary collapse.
One thing I can guarantee you, politicians will never feel the effects, if anything, they will bank on it.
Know why? They’re about to end Student loan freeze. They’re about to nail 20 and 30yr agreements on millions of college graduates and students with the highest interest in history. It’s financial slavery on the future of our nations youth. They’ll never own homes. Rent forever because their student loan monthly payments are as high as a mortgage thanks to these interest.
How about we get extension on Student loans until which point “these interest rates solve inflation”?
Democrats literally farm and harvest our kids.
"massive amounts of stimulus money"
HAHAHAHAHAHAHAHAHAHA
Can’t wait to get my consumer law filings done and fix my credit, it’s getting crazy and I have to be ready
I just find it amusing to watch as team Brandon and others attempt to gaslight the public into believing that there's no recession.
Recession (market crashing) and concurrent high Inflation is the known indicator of DEPRESSION or a long term "correction". Watch Precious metals, they decline in a Depression.
Precious metals go up during inflation and decline in a DEPRESSION.
No more fear we are in a recession
The GDP (Gross Domestic Product) numbers were released today and it turns out we're in a recession.
EVERYBODY PANIC!
We've got to fix this immediately! Fortunately, we've consulted with the highly educated economists that got us into this mess to see how we can get out of it.
Here are some great ways to reverse the recession immediately:
1. Turn the GDP chart upside down: Wow, that was easy!
2. Change what the word "recession" means: Why yes, the economy is experiencing good vibes. Thank you for asking, Mr. Doocy.
3. Play the reverse card from your UNO hand that you've been holding onto: Oh no! The economy played its own reverse card!
4. Think long and hard, 'What would AOC do?': Probably something really brilliant and progressive!
5. Form a Congressional committee to research how to get out of recessions so they can publish their findings in 3 years: The buck stops eventually!
6. Invade Canada and take all their GDP for ourselves: They don't have any guns to defend themselves.
7. Ask Ukraine for our $80 billion back: They probably haven't spent it yet.
8. Order a second season of Jan 6 hearings: That'll distract everyone from their financial pains.
9. Ask Joey, a fifth grader: He'll know what to do!
10. Replace the entire government with Ron Paul: We can only dream
We are not in a recession, it’s just transitory of reduced economic activity to a DEPRESSION !!!
If you want to stop inflation there is only one way to do it: a recession! I'm just stating the obvious economic truth. The fed is unlikely to engineer a "soft landing".