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14/02/21

10:31

Post #: 50966406
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Originally posted by bmwgirl: ↑

So the FED reserve has a mandate of their 2% inflation target, yet when they measure inflation they exclude food, water, electricity, everyday living items! LOL

They know if they include the above in the data inflation that it would be closer to 7-10%.

Then going by their mandate, at 7-10% inflation they would have to increase rates by 500bp.

The world economy can't even handle a 25BP rise. LOL

I have a family friend who works at NAB in the Sydney CBD, they are incorporating negative interest rates into their computer system at the moment.

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So the FED reserve has a mandate of their 2% inflation target, yet when they measure inflation they exclude food, water, electricity, everyday living items! LOL

https://secure.brightcove.com/services/mobile/streaming/index/master.m3u8?videoId=5110135406001&pubId=66043936001&secure=true

https://www.federalreserve.gov/faqs/economy_14419.htm
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