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/biz/ - Business & Finance


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File: 94 KB, 614x767, Jerome_H._Powell.jpg [View same] [iqdb] [saucenao] [google]
51073198 No.51073198 [Reply] [Original]

>jackson hole on Friday
>*ahem* *clears throat*
>Ladies and Gentlemen...I have an announcement to make...please settle down and take your seats
>With immediate effect, I'm raising the Fed Funds rate to 20%

>> No.51073227

>>51073198
places like jackson hole and whitefish are the ultimate status symbol.

>> No.51073257

>>51073198
20% is a funny joke but 10% is empirically evidenced soon-to-be reality

>> No.51073322
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51073322

>>51073257
At 12% us defaults, and that's assuming the economy does not slows down and so do tax incomes as rates go up

>> No.51073333

>>51073198
>With immediate effect, I'm raising the Fed Funds rate to 20%
>Woman starts crying loudly in the background
>Man in elegant suit throws himself off the window
>Confused people talking, its over.. its over
>Jerome pulls a gun and shoots himself
>Tv channel goes blank

>> No.51073435

>>51073322
That's why I said 10% not 12% illiterate sand pig

>> No.51073503
File: 26 KB, 416x483, DCA30249-2DD7-4B7C-B61D-4D6C8D7B4900.jpg [View same] [iqdb] [saucenao] [google]
51073503

jxx08

>> No.51073633

>>51073198
Market immediately rallies past 2 exchange limits and caps out at the third and final limit, only to gap open limit high the next day

>> No.51075395
File: 85 KB, 1488x715, 1647286267795.jpg [View same] [iqdb] [saucenao] [google]
51075395

AH.
So that is why shit's crabbing despite 2 months of no FOMC.

>> No.51077202

>>51075395
just wait until he starts opening his mouth at 10am EST

>> No.51077549
File: 2.47 MB, 640x366, oprah-winfrey-shrug.gif [View same] [iqdb] [saucenao] [google]
51077549

>>51073333
>quads

>> No.51077589

>>51073198
nothing ever happens. he will say "we remain data-dependent" and give no new guidance. QT will not accelerate. rate hike odds haven't changed.

>> No.51077617
File: 473 KB, 1180x565, us national debt.png [View same] [iqdb] [saucenao] [google]
51077617

*blocks your path*
nothing personnel, jerome