When the Federal Reserve releases minutes from its June 14-15 meeting at 2 p.m. today, investors will get a deeper look at the central bank’s latest deliberations and economic analysis.
Are you seriously learning what meeting minutes are today?
Obviously I know meetings have recorded notes, my question is more about how they release those notes (delayed) and the impact.
We really need to get back up to 34,000 and stay in that range for awhile. We aren't going anywhere until fuel prices go down at least a dollar, which will help lower inflation. GDP needs to be positive to catch up with the expanded money supply.
The minutes for each regularly scheduled meeting of the Committee ordinarily are made available three weeks after the day of the policy decision and subsequently are published in the Board's Annual Report. The descriptions of economic and financial conditions contained in these minutes are based solely on the information that was available to the Committee at the time of the meeting.
20+ year treasury bonds (TLT) are way up on the day to. The market doesn't seem to believe the inflation story will last, probably a recession incoming instead.
This changing words bullshit is dumb. I'm old enough to remember when a vaccine was a vaccine.
Obvious ‘fear mongering’ from the Federal Reserve:
www.cnn.com
www.mediaite.com
The definition of a recession being 2 quarters of negative GDP is simplistic at best.There is a technical definition, two straight quarters of negative economic growth. They clearly believe that is likely to come to pass later this week. They’re trying to prebut it…
At the same time, we have these terms for a reason. You don’t have to like it. Joe Biden’s handling of the economy was at 25% or 30% in the most recent poll. It’s a problem for them, this adds to the problem, but you don’t get to change the nomenclature in the middle of a campaign because it doesn’t work for you.
CNN’s Cillizza Rips WH for Spin on Recession Definition: 'You Don’t Get to Change the Nomenclature... Because it Doesn’t Work for You’
CNN's Chris Cillizza accused the Biden administration of attempting to move the goal posts regarding what constitutes a recession on Monday.
He got the White House talking points from yesterday. Note the unemployment rate is cited, but not the Labor Participation Rate.That's convenient
I’m curious if companies will start job cuts soon with the recession on their minds?
Lol. You guys are so ill informed. Expand your sphere of influence.
Last week Apple announced that they were slowing hiring.
Do you concur with Yellen?
That she would be amazed? I guess so. I have no reason to believe she is lying about her position.
Jobless rate is still low but weekly unemployment claims have risen by 85k since March.Last week Apple announced that they were slowing hiring.
Apple reportedly will curb hiring next year in response to rocky economy
The company joins other tech firms in slowing hiring as fears grow that inflation will lower consumer demandwww.theguardian.com
The official definition and the simple definition both make sense to me. I think the one thing that may help is the income. I know a lot of people that are taking different jobs to increase salary.
