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IronLionZion
IronLionZion's Journal
IronLionZion's Journal
April 6, 2022
If Lael Brainard says it, then it's very likely to happen. They need to get inflation under control. Prices have been high for longer than expected and the job market is stronger than it's been in decades.
The Fed is sounding more and more aggressive
https://www.cnn.com/2022/04/06/investing/premarket-stocks-trading/index.html
Investors are weighing that question after a key member of the central bank who has historically favored a gentler approach to raising interest rates talked tough about the central bank's need to fight rising prices.
"It is of paramount importance to get inflation down," Federal Reserve Governor Lael Brainard said in a speech Tuesday.
She said that the central bank would move to "rapidly" shrink its nearly $9 trillion balance sheet this year, unraveling the huge bond-buying program launched at the start of the pandemic, while also hiking rates.
Brainard's commentary "cleared the way" for a super-sized interest rate hike at the Fed's next meeting in May, according to Bespoke Investment Group.
David Madden, an analyst at Equiti Capital, said the moves were sparked by the "realization" that central banks are set back to pull back support for the economy even faster than had been expected, even though the war in Ukraine has clouded the outlook for growth.
Investors are weighing that question after a key member of the central bank who has historically favored a gentler approach to raising interest rates talked tough about the central bank's need to fight rising prices.
"It is of paramount importance to get inflation down," Federal Reserve Governor Lael Brainard said in a speech Tuesday.
She said that the central bank would move to "rapidly" shrink its nearly $9 trillion balance sheet this year, unraveling the huge bond-buying program launched at the start of the pandemic, while also hiking rates.
Brainard's commentary "cleared the way" for a super-sized interest rate hike at the Fed's next meeting in May, according to Bespoke Investment Group.
David Madden, an analyst at Equiti Capital, said the moves were sparked by the "realization" that central banks are set back to pull back support for the economy even faster than had been expected, even though the war in Ukraine has clouded the outlook for growth.
If Lael Brainard says it, then it's very likely to happen. They need to get inflation under control. Prices have been high for longer than expected and the job market is stronger than it's been in decades.
April 6, 2022
Tweets at link. This fox sounds like a menace if he's doing sneak attacks unprovoked.
Wild Fox Finally Caught In DC After Biting Several, Including Congressman
https://dc101.iheart.com/content/2022-04-06-wild-fox-finally-caught-in-dc-after-biting-several-including-congressman/
A fox was captured by U.S. Capitol Police after reports of aggressive encounters "on or near the grounds of the U.S. Capitol," which included a House of Representatives member being bit by the wild animal.
"We have received several reports of aggressive fox encounters on or near the grounds of the U.S. Capitol," U.S. Capitol Police shared on Twitter prior to capturing the fox. "For your safety, please do not approach any foxes. Animal Control Officers are working to trap and relocate any foxes they find."
The department shared the photos shortly after Rep. Ami Bera (D-Calif.) told reporters he'd been bitten Monday (April 4) night outside the Russell Senate Office building during an "unprovoked" attack.
“I didn’t see it and all of a sudden I felt something lunge at the back of my leg,” Bera said via Punchbowl News managing editor Heather Caygle. “I jumped and got my umbrella."
A fox was captured by U.S. Capitol Police after reports of aggressive encounters "on or near the grounds of the U.S. Capitol," which included a House of Representatives member being bit by the wild animal.
"We have received several reports of aggressive fox encounters on or near the grounds of the U.S. Capitol," U.S. Capitol Police shared on Twitter prior to capturing the fox. "For your safety, please do not approach any foxes. Animal Control Officers are working to trap and relocate any foxes they find."
The department shared the photos shortly after Rep. Ami Bera (D-Calif.) told reporters he'd been bitten Monday (April 4) night outside the Russell Senate Office building during an "unprovoked" attack.
“I didn’t see it and all of a sudden I felt something lunge at the back of my leg,” Bera said via Punchbowl News managing editor Heather Caygle. “I jumped and got my umbrella."
Tweets at link. This fox sounds like a menace if he's doing sneak attacks unprovoked.
Profile Information
Gender: MaleHometown: Southwestern PA
Home country: USA
Current location: Arlington, VA
Member since: Mon Nov 10, 2003, 07:36 PM
Number of posts: 45,666
