🚨 James E. Thorne: Real-time data reveals a mistake in the Federal Reserve policy #الفيدرالي
The Federal Open Market Committee meets today. It is unlikely that Powell will cut rates #الفائدة , but economist James E. Thorne sees the Federal Reserve stuck in its reaction to lagging data.
Thorne:
"The Federal Reserve under Powell is incompetent.
Where are the Wall Street voices echoing 'inflation is permanent' now?
Where is the inflation in tariffs?
The federal funds rate should be 2.75% now."
With delayed or incomplete data #التضخم and key employment figures from the Bureau of Labor Statistics and the Bureau of Economic Analysis, the Federal Reserve should pay greater attention to real-time price data.
Inflation sharply declined in January, driven by the housing sector and other sectors.
#FedWatch #VIRBNB
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The Federal Open Market Committee meets today. It is unlikely that Powell will cut rates #الفائدة , but economist James E. Thorne sees the Federal Reserve stuck in its reaction to lagging data.
Thorne:
"The Federal Reserve under Powell is incompetent.
Where are the Wall Street voices echoing 'inflation is permanent' now?
Where is the inflation in tariffs?
The federal funds rate should be 2.75% now."
With delayed or incomplete data #التضخم and key employment figures from the Bureau of Labor Statistics and the Bureau of Economic Analysis, the Federal Reserve should pay greater attention to real-time price data.
Inflation sharply declined in January, driven by the housing sector and other sectors.
#FedWatch #VIRBNB
$BNB
$BTC
$ETH