Liberal Forum

Monthly reports on consumer and producer prices published on the mornings of Dec. 12 and Dec. 13 indicated inflation over the last six months — as measured by the Fed’s preferred inflation gauge — has likely returned to the central bank’s 2% target on an annualized basis

 

[url=http://US Inflation Report to Show Fed’s Battle Is Now All But Complete https://www.bloomberg.com/news/articles ... t-complete]http://US Inflation Report to Show Fed’s Battle Is Now All But Complete https://www.bloomberg.com/news/articles ... t-complete[/url]

R.Suave » 21 Dec 2023, 9:32 am » wrote: ↑

21 Dec 2023, 9:32 am

Monthly reports on consumer and producer prices published on the mornings of Dec. 12 and Dec. 13 indicated inflation over the last six months — as measured by the Fed’s preferred inflation gauge — has likely returned to the central bank’s 2% target on an annualized basis

 

[url=http://US Inflation Report to Show Fed’s Battle Is Now All But Complete https://www.bloomberg.com/news/articles ... t-complete]http://US Inflation Report to Show Fed’s Battle Is Now All But Complete https://www.bloomberg.com/news/articles ... t-complete[/url]
 

Yea...that's the one that excludes all food and energy.  People only need those things to live and work.

ConsRule » 21 Dec 2023, 9:43 am » wrote: ↑

21 Dec 2023, 9:43 am

Yea...that's the one that excludes all food and energy.  People only need those things to live and work.

Profound...

R.Suave » 21 Dec 2023, 9:49 am » wrote: ↑

21 Dec 2023, 9:49 am

Profound...

No...just factual.  I would just like to see them hold the rates where they are until this time next year.  They won't...I understand that...it's an election year and they want to make incumbents look good.
 

ConsRule » 21 Dec 2023, 10:00 am » wrote: ↑

21 Dec 2023, 10:00 am

No...just factual.  I would just like to see them hold the rates where they are until this time next year.  They won't...I understand that...it's an election year and they want to make incumbents look good.

Please spare me this Cavuto crap.


 

R.Suave » 21 Dec 2023, 10:03 am » wrote: ↑

21 Dec 2023, 10:03 am

Please spare me this Cavuto crap.

Well...we can run a test.  Per your OP, they are at their target inflation rate so, by their own words, have no reason to cut interest rates.  Let's see what happens between now and election day.
 

ConsRule » 21 Dec 2023, 10:39 am » wrote: ↑

21 Dec 2023, 10:39 am

Well...we can run a test.  Per your OP, they are at their target inflation rate so, by their own words, have no reason to cut interest rates.  Let's see what happens between now and election day.

Why?

We're already at the target rate.
 

R.Suave » 21 Dec 2023, 10:46 am » wrote: ↑

21 Dec 2023, 10:46 am

Why?

We're already at the target rate.

The above post proves you either don't read what people actually post, or don't have the intellectual ability to understand what you read. You said the exact same thing I posted.

My post contained this: "Per your OP, they are at their target inflation rate so, by their own words, have no reason to cut interest rates."

Since you (and by their own statements, the Fed) agree they are at their target rate of inflation, any cuts to the interest rate by them is NOT based on their economic measures.  That means they would be cutting rates for other reason...namely political.
 

ConsRule » 21 Dec 2023, 11:05 am » wrote: ↑

21 Dec 2023, 11:05 am

The above post proves you either don't read what people actually post, or don't have the intellectual ability to understand what you read. You said the exact same thing I posted.

My post contained this: "Per your OP, they are at their target inflation rate so, by their own words, have no reason to cut interest rates."

Since you (and by their own statements, the Fed) agree they are at their target rate of inflation, any cuts to the interest rate by them is NOT based on their economic measures.  That means they would be cutting rates for other reason...namely political.

"Per your OP, they are at their target inflation rate so, by their own words, have no reason to cut interest rates."

You're an idiot...

They've achieved what they set out to do...if they don't, it would suggest a Real Rate of interest for OVERNIGHT borrowing at 3.5%.

Since you (and by their own statements, the Fed) agree they are at their target rate of inflation, any cuts to the interest rate by them is NOT based on their economic measures. 

It is based EXACTLY on their previously announced parameters.

You're a **** idiot.
 

R.Suave » 21 Dec 2023, 11:12 am » wrote: ↑

21 Dec 2023, 11:12 am

You're an idiot...

They've achieved what they set out to do...if they don't, it would suggest a Real Rate of interest for OVERNIGHT borrowing at 3.5%.

It is based EXACTLY on their previously announced parameters.

You're a **** idiot.

You still don't understand what I'm saying...you may need to go ask your Mommy to explain it.

The Fed has been saying (both in interviews and statements) they were increasing the Federal Loan Rate to lower the inflation rate they use to a target of 2% on a annualized rate.  Since they are at their target rate of 2% (per YOUR OP), there is no reason for them to do ANYTHING to their interest rate.  Unless they can show their target rate has dropped BELOW 2%, they should not cut their rate (and they have already hinted at as many as four cuts next year...per CNN).  Remember, if the Fed is wanting to stimulate the economy...i.e. increase spending and therefore the rate of inflation...they cut rates.  If they want to dampen economic growth...i.e. decrease spending and therefore the rate of inflation...they increase rates (what they have been doing).
 

ConsRule » 21 Dec 2023, 11:32 am » wrote: ↑

21 Dec 2023, 11:32 am

You still don't understand what I'm saying...you may need to go ask your Mommy to explain it.

The Fed has been saying (both in interviews and statements) they were increasing the Federal Loan Rate to lower the inflation rate they use to a target of 2% on a annualized rate.  Since they are at their target rate of 2% (per YOUR OP), there is no reason for them to do ANYTHING to their interest rate.  Unless they can show their target rate has dropped BELOW 2%, they should not cut their rate (and they have already hinted at as many as four cuts next year...per CNN).  Remember, if the Fed is wanting to stimulate the economy...i.e. increase spending and therefore the rate of inflation...they cut rates.  If they want to dampen economic growth...i.e. decrease spending and therefore the rate of inflation...they increase rates (what they have been doing).

No...you have no idea what you're talking about.

R.Suave » 21 Dec 2023, 11:36 am » wrote: ↑

21 Dec 2023, 11:36 am

No...you have no idea what you're talking about.

^^^^^^^^^^^^^^^^^^^^^^^^^^^
And here begins the running.

R.Suave » 21 Dec 2023, 11:36 am » wrote: ↑

21 Dec 2023, 11:36 am

No...you have no idea what you're talking about.

Well, let's see how much I know.  Tell us, IN YOUR OWN WORDS, why the Federal Reserve increases the federal funds rate?

Huey » 21 Dec 2023, 11:37 am » wrote: ↑

21 Dec 2023, 11:37 am

^^^^^^^^^^^^^^^^^^^^^^^^^^^
And here begins the running.

Not at all...do you understand what is meant by a Real Interest Rate of 3.5% for overnight borrowing at the Fed window?

That's what I thought.

Now take off.

ConsRule » 21 Dec 2023, 11:40 am » wrote: ↑

21 Dec 2023, 11:40 am

Well, let's see how much I know.  Tell us, IN YOUR OWN WORDS, why the Federal Reserve increases the federal funds rate?

Oh, this....

It will begin with your unambiguous pledge to answer, not just respond to, questions.
 

R.Suave » 21 Dec 2023, 11:42 am » wrote: ↑

21 Dec 2023, 11:42 am

Not at all...do you understand what is meant by a Real Interest Rate of 3.5% for overnight borrowing at the Fed window?

That's what I thought.

Now take off.

I am glad you understand I know what is meant by that.

ConsRule » 21 Dec 2023, 11:40 am » wrote: ↑

21 Dec 2023, 11:40 am

Well, let's see how much I know.  Tell us, IN YOUR OWN WORDS, why the Federal Reserve increases the federal funds rate?

Well, let's see how much I know.  Tell us,

How will that tell us how much YOU know?

R.Suave » 21 Dec 2023, 11:44 am » wrote: ↑

21 Dec 2023, 11:44 am

Oh, this....

It will begin with your unambiguous pledge to answer, not just respond to, questions.

I'll answer a question...just as soon as you answer the one I just asked...NOT BEFORE.

Now, are you a coward or are you willing to go "on the record" and answer in your own words?
 

Huey » 21 Dec 2023, 11:45 am » wrote: ↑

21 Dec 2023, 11:45 am

I am glad you understand I know what is meant by that.

 

Tell me.

 
 

R.Suave » 21 Dec 2023, 11:45 am » wrote: ↑

21 Dec 2023, 11:45 am

How will that tell us how much YOU know?

Answer my question, then I'll answer yours.