My retirement account made me more money this week than working. Yep. The free money is just incredible. Thank you wallstteet and Mr fed for handing out free daily money.
Impressed you stayed long despite your bearish views. Congrats!
My retirement account made me more money this week than working. Yep. The free money is just incredible. Thank you wallstteet and Mr fed for handing out free daily money.
Impressed you stayed long despite your bearish views. Congrats!
January 27, 2021
...
With inflation running persistently below this longer-run goal, the Committee will aim to achieve inflation moderately above 2 percent for some time
...
the Federal Reserve will continue to increase its holdings of Treasury securities by at least $80 billion per month and of agency mortgage‑backed securities by at least $40 billion per month until substantial further progress has been made toward the Committee's maximum employment and price stability goals. These asset purchases help foster smooth market functioning and accommodative financial conditions, thereby supporting the flow of credit to households and businesses.
What possible inflation metric could they be using?
One that tracks nothing inflationary.
If they were actually tracking anything relevant they'd know inflation has been everywhere for some years now. They sure as hell don't buy their own groceries.