Powell Testimony – Prepared Remarks TLDR “Higher than expected interest rates”. 1 mention of disinflation

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by danielhanchen https://www.federalreserve.gov/newsevents/testimony/powell20230307a.htm Main takeaways: Disinflationary trends have partially reversed in the recent months. PCE Core services ex housing shows no disinflation at all. Rents will show disinflation in the following months. Stronger than expected economic data most likely will cause higher than expected rates. Continued goal to reaching 2% inflation (not 3% due to … Read more

“We Are At WAR With Russia” – Head of UK Parliment Defense Committee Calls For Direct Attacks on Russia, Implementation of Martial Law!

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These WEF stooges are getting desperate to trigger the Black Swan event that will usher in the Great Reset and the coming billionaire-controlled Eco-Fascist Dictatorship. Are you prepared for what is coming? Step by step, the people of the UK are being prepared for war. "Britain should engage directly in war against Russia ,we are … Read more

2-year Treasury Yield Yops 5%. Consumers Are Still Spending. Used-Vehicle Auction Prices Jump for Third Month, after Last Year’s Plunge. More Trouble Brewing for “Core” CPI

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by BoatSurfer600 https://www.cnbc.com/2023/03/07/us-treasury-yields-investors-anticipate-fed-chair-powells-remarks.html   Consumer Credit Alert! In January, consumer credit increased at a seasonally adjusted annual rate of 3.7 percent. Revolving credit increased at an annual rate of 11.1 percent, while nonrevolving credit increased at an annual rate of 1.2 percent. Source: https://www.federalreserve.gov/releases/g19/current/g19.pdf In January, consumer credit increased at a seasonally adjusted annual rate of … Read more

“The party told you to reject the evidence of your eyes and ears. It was their final, most essential command.” 1984 – George Orwell

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"The party told you to reject the evidence of your eyes and ears. It was their final, most essential command."1984 – George Orwell pic.twitter.com/3RHfTxGm3n — UnBaffle.me (@unbaffle_me) March 7, 2023 The rats are scared. Schumer doing damage control. They're Freaking Out Big Time Senator Schumer Went Down To The Senate Floor This Morning To -Condemn … Read more

BBC is going on the attack against Elon Musk

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Dozens of current and former Twitter employees have spoken out – some for the first time – about the chaos at the company since Elon Musk took over BBC Panorama with @mariannaspring is on @BBCOne and @BBCiPlayer at 8pm tonight https://t.co/lDzrV0QPnB pic.twitter.com/Hgq8DikU3p — BBC Panorama (@BBCPanorama) March 6, 2023 BBC are shitting themselves, they worked … Read more

FBI Agent Confirms FBI Targeted Pregnancy Centers, Pro-Life Christians After Dobbs Decision

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In a shocking release of whistleblower testimony, FBI Special Agent Garret O’Boyle claimed that the FBI began targeting pro-life pregnancy centers after the Dobbs decision last summer. Describing the FBI leadership’s directives to update threat tags that began targeting “pro-life adherence,” O’Boyle said, “When this threat tag came out, it was like, why are you … Read more

Trump Reacts to January 6 Surveillance Footage Released by Tucker Carlson

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Congratulations to Tucker Carlson on one of the biggest “scoops” as a reporter in U.S. history. The New Surveillance Footage of the January 6th Events sheds an entirely different light on what actually happened. The Unselect Committee was a giant SCAM, and has now unequivocally been stamped as CRIMINAL FABRICATORS OF THIS MOST IMPORTANT DAY. … Read more

DEMOCIDE – UK Health Secretary Matt Hancock euthanized masses of elderly people in nursing homes and hospitals

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WEF Matt Hancock More and more of the inconceivable crimes against humanity are coming to light in the UK: Recently, Maajid Nawaz spoke with UK MP Andrew Bridgen and medical researcher Stuart Wilkie about a very sensitive issue, namely that the UK government, and in particular former UK Health Secretary Matt Hancock, euthanized masses of … Read more

Australia raises interest-rates with an explanation more suited to a cut in them

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by Shaun Richards This morning has brought another addition to what in recent times has become a pretty regular drumbeat. At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 3.60 per cent. It also increased the interest rate on Exchange Settlement balances by 25 basis points to 3.50 per cent. That was … Read more

Economic headwinds: Job openings down across the board… student loans payments… more rate hikes…

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Alternative, real-time data starts to suggest some more meaningful weakness in the US labor market. Job openings down across the board. Hiring rates as measured by LinkedIn are down 28% (!) compared to last year February. pic.twitter.com/vGCJRyjTqI — Alf (@MacroAlf) March 7, 2023 WOLFE: “.. economists and market participants are underestimating the headwinds that are … Read more