😢I’ll Like To Tell Powell This…
Dear Powell,
On this 1st year of anniversary of rate hikes, I would like to tell you this:
🫠 I expect you to raise interest rates by 50bps in March because you’re a 🦅 & you’ve repeatedly said that you need to bring inflation down to the 2%🎯
🫠 I also expect you to take the terminal rate above 5%, & as inflation is still not under control in Feb, you’ll probably need to take it to the 5.25-5.5% range😔😞
🫠 I don’t see you cutting rates in 2023 based on your 2%🎯 which means my tech stocks will have difficulty recovering…
⁉️ I actually don’t understand why there isn’t a better way to control inflation rather than rate hikes…you’re actually making the bank rich till they can give fat dividends in 2023 & making poor people lose their jobs & not have💵 to pay their 🏡mortgage😢 Businesses are abusing “inflation+high interest rates” to raise prices because price increase is more than the reported inflation rate. When inflation comes down,my Chup-Cai-🍚 will not drop price😓 Just set a law to limit prices of all the things like oil and gas that’s causing inflation & limit each family’s spending…This rate hike campaign only increases the cost of living over⏰ & you’re just making the rich richer💵💵💵 & the poor poorer🐻🐻🐻 SIGHzzz….
From yours truly disappointed,
Little Miss Sunshine🌦️
Do you agree fellow 🐯🐯🐯❓ Please help to click on the “Like” & “Share/Repost” buttons at the Bottom Right corner, many thanks🤗🥰 You will Greatly Encourage Me❣️
As usual-🤔💭 Consider POV & Actions of investors + 👩🏻💻👨🏻💻 Research + 🗑FOMO & Greed = Investing Wisely 🤓🤗 + Accumulating Wealth 💵💰
$Invesco QQQ Trust(QQQ)$Modify on 2023-03-04 12:26
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I believe supply chain disruption is one of the factor impacting our inflation too.
Time to increase the FED rate up by 175 bps this March 2023 meeting!
From Uncle Powell 🤣🤣🤣
Maybe I will start looking at $KIMLY LIMITED(1D0.SI)$ to subsidize my cai 🍚
I want to talk him stop!