Message from @MaxG3D
Discord ID: 457967702146023434
The Federal Reserve will probably have to raise interest rates in the years ahead above levels officials consider neutral for the U.S. economy because of how far the unemployment rate has fallen, outgoing New York Fed President William Dudley said.
“The federal funds rate will probably have to climb a little bit above neutral, because the unemployment rate is already -- from most people’s vantage points -- below a sustainable level of unemployment consistent with stable inflation,” Dudley told reporters Friday. “So, I think the move will be eventually to a slightly tight monetary policy
How does unemployment affect the fed?
Ol heres some intresting shit
The fed funds rate reached a high of 20 points in 1979 and 1980. That was to combat double-digit inflation
The all-time low was 0.25 percent. That's effectively zero. The Fed lowered it to this level on December 17, 2008, the 10th rate cut in a little over a year
((Obama)))
The final boss
It didn't raise rates until December 2015.
Before this, the lowest fed funds rate was 1.0 percent in 2003, to combat the 2001 recession. At the time, there were fears that the economy was drifting towards deflation
2015 hitting campaign trails
The 1980s interest rates should be looked at. Imho. Our economy was highest in 80s.
Mass production
They going after elon musk now
They best leave The Fabricator-General alone.
@everyone Bannon interview. Must see. The killer is back :)
What a fucking shitshow
#KillItWithFire
Amen
Can we get a second Amen?
LOL
They gotta go back
Are people still mad about NSFW?
IDK, some guy made a meme about it already
I saw that lmfao
Wait NSFW is gone?
Well guys
Remember how the Clinton foundation sent their human traffickers as "Haitian" helpers after the hurricane or whatever it was?
I'm getting a bad vibe from that already
Wah? The Obama Administration was highly inefficient?
>ImagineMyShock.jpg
As much as I don't care about migrant kids being deported