So we’ve seen the biggest monetary injection in US history and there will never be a need to tighten. Powell makes Yellen look like Volcker.
— Jonathan Tepper (@jtepper2) June 10, 2020
The @federalreserve statement is out. Looks like the it just couldn’t resist doing more. The #Fed extended forward policy guidance (essentially zero rate) through 2022. Risk markets will like the hyper activism, serving to decouple them even more from the economy. More to follow. https://t.co/LEZIEtrICA
— Mohamed A. El-Erian (@elerianm) June 10, 2020
Fed’s Powell: GDP Decline This Quarter Likely To Be ‘Most Severe On Record’
— LiveSquawk (@LiveSquawk) June 10, 2020
Yo, stop talking out of both sides of your mouth:
“2.5% longer-term fed funds rate” and yet “ extraordinarily uncertain”#FedGames https://t.co/0NtNmrxlDi
— Samantha LaDuc (@SamanthaLaDuc) June 10, 2020
And a cheaper rent payment is the No. 1 priority as tenants look to move. https://t.co/zgzHhyOVhA
— HousingWire (@HousingWire) June 10, 2020
*FED PREDICTS -6% GDP FOR 2020 LOWEST PREDICTION EVER
— lemasabachthani (@lemasabachthani) June 10, 2020
#Powell: "We're not thinking about raising rates, we're not even thinking about thinking about raising rates." pic.twitter.com/6VdLRKAIcA
— TraderStef (@TraderStef) June 10, 2020
Food and rent are going up, while gasoline prices and hotel rates are falling