Announcement US Economics Panic?

[Graybeard]

https://trends.google.com/trends/explore?date=now%201-d&geo=US&q=inflation,food%20prices,natural%20gas,mortgage%20rates

according to Google trends --for what it's worth

Is the cash cow running dry

What all that cheap mobile traffic will *bite* on ...
** https://trends.google.com/trends/ex...od pantry,gas prices,solar panels,food stamps

 

[PureLander]

Interest about the inflation is that high??? How so?

- Samira

 

[Graybeard]

Everyone was waiting on the FED (US Central Banks) announcement on what the interest rate changes might be. Why people are beliving that by raising interest rates inflation will magically go away --is just irrational.

BOE (Bank of England) immediately made a token interest rate increase of 0.15.
The ECB (European Central Bank) will start an investigation, debate for a few years --then come to a comnsensus decistion in a few years (while euro value erodes).

All of them are just pounding a screw with a hammer --because the screwdriver won't fit the screw.

Bond prices decline when the real interest rates increase. Existing (issued) bonds are discounted to yield.

I posted this really for its topical value in content wording --but as usual it went over most people's heads.