Submitted by uslvdslv t3_1267vz6 in wallstreetbets
wattatime t1_je98kfn wrote
Reply to comment by GatorsILike in BlackRock warns that investors are making a mistake by betting on the Fed to cut rates by uslvdslv
Because the fed doesn’t control inflation. They try to manage and predict it. They however can control fed funds rate.
TheMcBrizzle t1_jeadfha wrote
Oh shit, you mean JPow didn't have a button that he pushes to increase or decrease inflation in his desk...?
Fuck me, I have to call my broker and find me the closest Wendy's dumpster.
Viewing a single comment thread. View all comments