#BREAKING US inflation "too high," lowering it a priority, says Federal Reserve's Brainard pic.twitter.com/vYx3tBQifR
— AFP News Agency (@AFP) January 12, 2022
The last time inflation was 7%, the fed funds rate was 11.50%. pic.twitter.com/Vgn33mmDcW
— zerohedge (@zerohedge) January 12, 2022
FED'S DALY: I DON'T WANT TO GET TOO FAR AHEAD WHEN IT COMES TO CALLING THE NUMBER OF RATE HIKES ..6
— FXHedge (@Fxhedgers) January 12, 2022
7% inflation. 0% rates.
— Wait Capital (@WaitCapital) January 12, 2022
Oddly THIS inflation was not mentioned this week at Powell's Senate confirmation:
I'm sure they all believe it's sustainable long-term. pic.twitter.com/vNfPlU8XeZ
— Mac10 (@SuburbanDrone) January 12, 2022
FED'S DALY: IT'S TIME TO START WITHDRAWING SOME ACCOMMODATIVE MEASURES.
— Breaking.Live (@BreakingLive_) January 12, 2022
— *Walter Bloomberg (@DeItaone) January 12, 2022
Inflation is up 7% year-over-year, the sharpest spike since 1982 — with Jerome Powell telling Congress the Fed may move faster on interest rate hikes.
In September, economist @elerianm called #inflation "the great unequalizer because it tends to hit-low income people hardest." pic.twitter.com/CAd6PSHDyH
— Firing Line with Margaret Hoover (@FiringLineShow) January 12, 2022
Fed Behind The Curve: t.co/klSuufI1Bm
Based only on this chart we could make an assertion that the Fed has fallen behind the curve. pic.twitter.com/w5O3NtBurD
— Topdown Charts (@topdowncharts) January 12, 2022