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How many more rate hikes until they pause ?

Maybe another two 25 bps hikes…. ?
 
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Just my guess but I think Powell will pause here to see how the numbers trend.
If he's smart he would at this point in the game. Takes a pretty long time for the economy to react to something hike interest hikes. Don't want to make it so fast and so high that people basically stop buying things with loans - then a recession could be tripped. Lots of this economy is driven by people borrowing money to buy big items. How many people would buy big ticket items like houses, vehicles, etc, etc if the interest rate was like 12 to 15% as an example. Only the ones that absolutely needed to buy ... others would do with what they have.
 
If he's smart he would at this point in the game. Takes a pretty long time for the economy to react to something hike interest hikes. Don't want to make it so fast and so high that people basically stop buying things with loans - then a recession could be tripped. Lots of this economy is driven by people borrowing money to buy big items. How many people would buy big ticket items like houses, vehicles, etc, etc if the interest rate was like 12 to 15% as an example. Only the ones that absolutely needed to buy ... others would do with what they have.

Are we in a slow motion car wreck ?
 
Crude oil keeps dropping.

Will they take this opportunity to refill the Strategic Petroleum Reserves ?
 
Crude oil keeps dropping.

Will they take this opportunity to refill the Strategic Petroleum Reserves ?
I could be wrong with this, but I saw it work with the Clinton administration using military non-appropriated funds for purposes Congress declined to approve.
I suspect money from the sale of the
Strategic Petroleum Reserve doesn't go back to the Treasury and can be used however the Executive Branch decides, much like military non-appropriated funds; however, to fill the Reserves in the past has required congressionally appropriated funds. I believe that hasn't changed.

I'm just a simple stone age engineer and I welcome the opportunity for my theory to be disproved.
 
Oops! The economy did it again. 253K jobs; inflation slowly lowering.
So far, soft landing. Long ways to go. Hold onto your hats!

Strong YTD for my portfolio; still recovering from last year. All good.
 
Oops! The economy did it again. 253K jobs; inflation slowly lowering.
So far, soft landing. Long ways to go. Hold onto your hats!

Strong YTD for my portfolio; still recovering from last year. All good.
Yeah ..... Market Rally's on strong jobs data which is the opposite of which it should .
 
Just look up the previous months revisions
Of course there are revisions; that does not make them false, and not a lie. The reported numbers are estimates based on current data. Revisions are made as additional data comes in. Reporting revisions shows integrity. Revisions are an important part of every financial report.

Monthly revisions result from additional reports received from businesses and government agencies since the last published estimates and from the recalculation of seasonal factors.

At the very least, the last 6 months or so have been trending upward; a good thing.
 
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