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Author
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Topic: Will the Fed cut down interest rates at 2 pm?
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PhoenixRising
Knowflake Posts: 4254
From:
Registered: May 2011
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posted September 17, 2025 11:47 AM
  
Rising minimum wages is already an indicator that inflation is higher.
Fingers crossed.
IP: Logged |
Randall
Webmaster Posts: 210379
From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)!
Registered: Apr 2009
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posted September 17, 2025 11:52 AM
Inflation is lower, not higher. But that jobs report was dismal. It sealed it.IP: Logged |
PhoenixRising
Knowflake Posts: 4254
From:
Registered: May 2011
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posted September 17, 2025 12:20 PM
As mentioned before, my employer already raised the minimum wages to $25. Inflation is higher. IP: Logged |
Randall
Webmaster Posts: 210379
From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)!
Registered: Apr 2009
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posted September 17, 2025 01:00 PM
Your employer. So what? I know many employers who didn’t. That’s a “Man Who statistic.” Look it up. Is he a mindless drone? No. He did what works best for his business. His choice. Inflation went up, so he automatically raised his minimum wage? It doesn’t work like that. You are saying inflation was high when it was an annualized 1.9 percent. I’d shut my mouth while I was behind. IP: Logged |
PhoenixRising
Knowflake Posts: 4254
From:
Registered: May 2011
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posted September 17, 2025 01:08 PM
Big techs has given you chat gpt, gemini, grok and others.Ask questions to them first and save my time.
If we say “inflation was 1.9% in August,” that means prices in August were 1.9% higher than in the previous August. It only looks back 12 months.
Do you get it ? It doesn't have 2020 post covid results built in to it. It is misleading just as the Fed tried to centralize labor stats which was once regional per statewide and misinforming us on true employment /payroll numbers.
This is very complex, even the Fed treasury doesn't know what to do today but he has to act or not act based on his best judgement. No wonder SP500 ratings dropped down. The trust on USA economy has dropped worldwide. Not saying UK and France are doing great. they aren't either. BRICS nations are emerging countries. IP: Logged |
Randall
Webmaster Posts: 210379
From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)!
Registered: Apr 2009
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posted September 17, 2025 01:28 PM
Don’t give up your day job. The S&P dropped after record highs in a row. And it will soar right back to another one after a rate cut. We want around 2 percent of inflation. That’s healthy. Otherwise, we risk deflation. And that is destructive. IP: Logged |
PhoenixRising
Knowflake Posts: 4254
From:
Registered: May 2011
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posted September 17, 2025 01:43 PM
I wish to comment -- but you don't have the right background yet so will refrain. Misinterpreting my use of the word rating as index value. Surely, don't trust the pump.IP: Logged |
Randall
Webmaster Posts: 210379
From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)!
Registered: Apr 2009
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posted September 17, 2025 03:36 PM
Powell seemed to only care about the unemployment rate, which he admitted is not alarming (4.3 percent).IP: Logged |
Randall
Webmaster Posts: 210379
From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)!
Registered: Apr 2009
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posted September 17, 2025 04:50 PM
And he is still praying for inflation to rise in January because he is partisan. Thank God this idiot will be leaving the Fed next year. IP: Logged |
Lindaland
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