“Not Looking Good” - Federal Reserve President Predicts ZERO Rate Cuts in 2024

Рет қаралды 45,628

25 күн бұрын

Kashkari, who projected two rate cuts for this year during the March Fed meeting, announced on Tuesday that he plans to predict anywhere from two to zero cuts for 2024 at the upcoming June meeting, depending on the latest inflation figures. Inflation, as indicated by the Fed's preferred measure, increased by 2.7% in March.
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Пікірлер: 188

@dannypowers4995 23 күн бұрын

We do not need rate cuts. These are normal rates . Never allow the prime rate to be below the Inflation rate.

@stevefernandez6431 22 күн бұрын

Prices still need to re align with interest rates so the market balances out also.

@mr.k8379 22 күн бұрын

Yes... I thought I heard PBD saying that it is actually a good sign (hence, a cut is a bad sign) for the economy. Yes, keeping rates high slows the economy, but a cut at this point would indicate something broken and needing fixing and re-start inflation.

@stevefernandez6431 21 күн бұрын

@@mr.k8379 but the issue is something is broken. The system itself is broken. Raising or dropping interest rates it's both bad.

@adanblas2451 23 күн бұрын

I'm moving to Ukraine and get some of that money back

@stoundingresults 23 күн бұрын

If you're able bodied get ready to get conscripted.

@markme4 23 күн бұрын

Zelenski keeping it for himself

@jeffmore2549 23 күн бұрын

Bye!!! Good luck buddy

@Eli-9 23 күн бұрын

Good idea! Let’s look into buying property in Ukraine. That market is about to boom once Black Rock starts to rebuild.

@user-gh9ke9eg3t 23 күн бұрын

Or fly to Mexico and crossing the border with free healthcare and monthly allowance with free hotel

@user-tp4cg9ci6e 23 күн бұрын

Inflation is way higher than 4 percent.

@upgrade1015 23 күн бұрын

Yup 30-40

@Fastapproaching 23 күн бұрын

That's 4% a quarter, 16 % a year

@RivIrie 23 күн бұрын

15% per year 30% every two years

@tammyturowski6703 23 күн бұрын

Thats not what that number is!@@Fastapproaching

@jamesandrew6153 23 күн бұрын

Yea they don’t tell the whole truth! It’s 4% higher than last quarter but as stated before up almost 16% over the years

@TJRacing3967 23 күн бұрын

We the people lost the country decades ago, we're living in the shadow of our once great nation.

@penntuckeybackwoods8201 23 күн бұрын

When I bought my house in the 90s my interest rate was 9.6 percent I paid 84000 for it my mortgage payment was 910 dollars my kids will never be able to own a home my house is now valued at 425000 that's crazy I guess their never moving out

@arney444 23 күн бұрын

The fact that at least 60% of the Americans were able to afford a single-family house in the period between 1950 - 2010 was an economic aberration (distortion against the economic laws). Sorry, this is sad, but this is what it is. I /my kids are in the same situation. But this is a new economic reality for the coming generation, may be for longer. We are going to be a society of renters, NOT the owners for the foreseeable future. After all - this is what Europe had always been about. And they never thought this is bad for them.

@donsolos 23 күн бұрын

@@arney444rent/own it's all the same trap if you just go about it the same way as the rest of the lemmings do

@charlesvandenburgh7754 23 күн бұрын

The future, for now, will be prefab homes. Some of these homes are absolutely stunning and affordable for the next generation.

@Dragonbhat 23 күн бұрын

More important questions, do your kids respect you? Are they pain? Do you like having them around? West is obsessed with property, independent or rather being alone in old age. Recalibrate toward happiness with family (assuming you all love each other and behave respectfully with each other)

@Ch4rlz_ThA_Princ3 20 күн бұрын

Im squatting from this point on 😂

@JanRiffler 23 күн бұрын

Double digit interest rates are must to save the $ from hyperinflation.

@middlemanceo 23 күн бұрын

Because raising the interest rates didn't help cut inflation, the fed is now in a quandary... Cutting Rates would flood the economy with more Hot Money resulting in Hyperinflation. Only way out is Oversupply

@marknouj 23 күн бұрын

I agree; I don't see a way out of this inflation other than a recession. I think we were due for one at the end of the 2010s. It seems that covid only delayed it.

@middlemanceo 23 күн бұрын

@@marknouj exactly 💯

@jamesandrew6153 23 күн бұрын

Only way out is to keep raising rates but that wouldn’t be good long term for the US govt

@userJohnDoe362 23 күн бұрын

that just meant they need to raise it again. No soft landing.

@marklihsu 23 күн бұрын

They didn't raise rates high enough so we basically just suffered for nothing.

@jacobmartinez7041 23 күн бұрын

How about we just cut the FED. That will help out a lot.

@GeosRealityReport 23 күн бұрын

Indeed

@Billy55577 22 күн бұрын

IQ=0

@Greyalien587 23 күн бұрын

My pension plan is to google poorest country on earth and buy a flight ticket

@arney444 23 күн бұрын

Before you do it, check the criminal rate in that country. You may find it similar to South Chicago. And you would be there a perfect target, as a rich American.

@hiroipip 23 күн бұрын

lmao, then that country is better than chicago cause I am rich there, in chicago im not rich+crime rate @@arney444

@elranchodepollo 23 күн бұрын

Haiti ? I’ve heard the bbq is beyond your wildest imagination.

@Maxbfishing 23 күн бұрын

Google is far left agenda. Find a centered search. ❤

@dallasryder8125 23 күн бұрын

@@Maxbfishing you're on Google right now lol.

@Pa-we1lw 23 күн бұрын

We need some public audits.

@vrooks4979 23 күн бұрын

lol the audit wont due shit

@ChrisBallard687 23 күн бұрын

Most rich people stay rich by spending like the poor and investing without stopping then most poor people stay poor by spending like the rich yet not investing like the rich but impressing them

@AlexanderHernandezhj 23 күн бұрын

Exactly! My grandparents were so frugal but they had a TON of money on both sides. I remember my grandfather telling me "you want to make money while you sleep." And I guess that attitude passed down to my dad (RIP), because I remember going to his house one day and I had bought something I really liked, so I wanted to show it to him. So I said "Look at this! Isn't it cute? It was on sale...I saved 50%!" My dad replied "Well, if you're spending, you're not saving." Obviously I had no retort, and that has always stuck with me.

@PaulaAdrian721 23 күн бұрын

Saving and investing wisely while prioritizing necessities and a few small luxuries in relation to one's total assets is a great approach. It helps ensure financial stability and I my for the enjoyment of life's little pleasures without compromising long-term financial goals. It's all about finding a balance that works for you!

@BillySampson681 23 күн бұрын

very true, a huge part of my portfolio growth has come during this bear market. I've been able to scale from $180K to $572K in a short period of time.

@CarlosGarcia56590 23 күн бұрын

How do you do that? I'm interested

@BillySampson681 23 күн бұрын

Thanks to my co-worker (Alex) who suggested Ms Brenda Leigh Van.

@keithcrook8591 23 күн бұрын

Several economists have said the ONLY way out of this is an extremely painful period of probably 5-10 years of forced deflation likely by raising rates between 15-20%

@rogerm3708 23 күн бұрын

The sooner the pain, the shorter the pain will last. Everything that is done by election day, is for short term political interests

@jamesandrew6153 23 күн бұрын

That’s also cutting spending and entitlements and/or raising taxes

@josephpurdy8390 22 күн бұрын

20% in February 2020 200% in May 2024

@deadli-us 23 күн бұрын

FJB

@user-gh9ke9eg3t 23 күн бұрын

Vote that turd out

@beescheeseandwineplease889 23 күн бұрын

Raising interest rates to decrease inflation is like stopping a runaway train with school buses full of kids…sure it will work but why not turn off the train engine, ie atop printing money 😂

@yousufy6273 23 күн бұрын

That would require common sense which our government doesn't have!

@seeker131 23 күн бұрын

Because that would get in the way of Biden’s chance of winning the election

@pikachu2003 23 күн бұрын

Lol who even believed that were going to even do one or six that was hyped earlier… the truth, they need to increase it!

@russelllowry1061 23 күн бұрын

Paid 7.32 for an egg biscuit and small orange juice at Mc Ds this week. unbelievable. You raise interest rates to curb inflation, but the debt won't allow it. Look for hyperinflation/stagflation, the worst of all scenarios. It was a good ride America.

@rawcircoking 23 күн бұрын

Use the app

@lindaostrom570 23 күн бұрын

welcome to argentina.

@jameswalker590 23 күн бұрын

the orange juice at restaurants is usually very high for what you get. I recommend getting water next time (especially if it's free)

@dasboat64 23 күн бұрын

At 1 trillion spent every 100 days, inflation is not declining any time soon. All by design.

@jeffreygomes-st3sl 23 күн бұрын

Great info

@MrPatrick1414 23 күн бұрын

Stocks have soared almost 10K on 'rate cut hopes' since Nov and they're still going up despite the fact that rate cuts aren't happening!

@jamesandrew6153 23 күн бұрын

Because they keep pushing the narrative that we’re getting 1-2 cuts! Classic pump and dump

@robertcaldwell7571 23 күн бұрын

If you thought there was going to be a rate cut any time soon means you are not very good at what you do.

@BurnseysRT 23 күн бұрын

Or trying to sway voters to vote Democrat.

@Ironstarfish 23 күн бұрын

It would be dumb to cut rates

@DanMaul-ip1is 23 күн бұрын

I live in Amish country. I might need to convert

@sofia-ly6kk 23 күн бұрын

They need to stop printing money

@nicolettemahaljevic3164 23 күн бұрын

Kash Patel would be a great interview on your show..

@codelessunlimited7701 22 күн бұрын

That's the guy who said there's no to worry about cash, because the Fed has an infinite supply of money. 😅

@BobBuilder-mq9wr 22 күн бұрын

Compounding inflation for 3 years makes it feel things are getting worse

@abprepboy33 22 күн бұрын

I think we need actual deflation..... not just low inflation. we need to get back to 2019 prices on goods and services.

@tysmith2366 23 күн бұрын

We won’t get rate cuts until that yield curve uninverts

@belowsealevel8663 23 күн бұрын

And it won't uninvert until something breaks. What will break first? Employment, banks, war?

@Lucas-wn5wm 23 күн бұрын

@@belowsealevel8663IMO banks break first and war starts after.

@nitrosrt4 23 күн бұрын

@@belowsealevel8663 commercial real estate is the monster hiding in the corner, they have to refinance every few years and they are royally screwed.

@markme4 23 күн бұрын

@@belowsealevel8663All at once ?

@josephpurdy8390 22 күн бұрын

I will buy all the 10, 15, 20, 25, and 30 year treasuries for 1 dollar. Problem solved 😅

@CosmosSithLord 23 күн бұрын

I can’t find anything about this leak, where is this information?

@Mcmastergirththesplitter 23 күн бұрын

I don’t think they need to unless they want to get shelter costs down which I believe is the sticky part of the inflation.

@adamf1819 21 күн бұрын

What are they talking about that there was a leak of CPI data? I searched for that and could not see any info on that recently....

@joelpicolo7306 23 күн бұрын

Where did the CPI leak?

@detroithdhd 23 күн бұрын

Where was cpi leaked?

@ttudoc5690 23 күн бұрын

Did it really level?

@alihakimi1707 23 күн бұрын

Inflation is 4 percent plus 4 percent plus 4 percent plus 4 percent plus 4 percent plus 4 percent plus 4 percent plus 4 percent plus 4 percent. Basically 36% in the last few years

@jhull5870 22 күн бұрын

The FED will screw up again. In my opinion they should have raised rates months ago because it is apparent that the present rates have not been restrictive enough.

@AdamWeatherall 23 күн бұрын

He’s right

@buddykerr1 23 күн бұрын

Coming very soon from the Fed, "Ahh 4% inflation ain't that bad, let's cut a few percent"

@topicalstormofficial 23 күн бұрын

😂 who could have seen this coming?

@KL-nj9oe 23 күн бұрын

The only way we get cuts is if something breaks.

@wkenney 22 күн бұрын

the only people expecting cuts are in finance media...

@anthonymendoza6210 20 күн бұрын

They're not federal or American.

@martinroncetti4134 23 күн бұрын

6 cuts at the start of the year, then 2-3 cuts, now 1 cut (maybe?), I would not be surprised to see a rate increase is possible before the end of year

@landerhendrickx3522 23 күн бұрын

CPI leaked when? 😮

@tomsaunders466 23 күн бұрын

Yeaaaa

@BradleyT2p2 21 күн бұрын

Turn soft money into hard money + hard assets. Spend 50 hours researching what that means. Win.

@paulattaboyatreides6414 23 күн бұрын

What CPI leak is he talking about?

@shanetaylor7369 23 күн бұрын

Getting ready to build a house. The mortgage rate is going to be 7.3%. If I don't do it now. I probably will not be able to. I would not be surprised to see % rates hit 10 & above.

@arney444 23 күн бұрын

Well, fortunately there is a very little chance the interest rate would ever go above 5.5 - 6%. This is simple mathematics.

@williamjackson8288 21 күн бұрын

lol rates are only going up

@swb3248 21 күн бұрын

CPI leaked? Any evidence?

@marklihsu 23 күн бұрын

There was no way there ever was going to be rate cuts. Powell was not aggressive enough raising rates so everyone just adopted. Not a surprise except to those that were in lala land. I've called it since the beginning of the year no rates cut for 2024

@christianvilla7896 23 күн бұрын

Interest goes down houses prices go up? How much more could houses go up. also people comparing the 90 when interest was up the roof but mortgages where only 50k-100k. No comparison

@01LucilleAlvarez 23 күн бұрын

You need to make a video on how to make 6 figures monthly because I have read about investors making up to $650,000 within 5 months and I really want to know how to outperform the market and make a significant profit

@MakaiTruong 23 күн бұрын

This requires adequate research and good marketing deadlines.

@MercyDaugherty431 23 күн бұрын

I successfully trade in my own portfolio, and also follow others because I'm interested in their strategies. I realized I've got better at managing the trader's strategies too. There's nothing wrong at all with having someone far more dedicated manage some of your portfolio.

@ChanaMay 23 күн бұрын

To be 100% honest with you. I had the same question 4 years ago. I was confused as heck. Now copying other traders for over 3 years, I would like to tell you, YES copy trading is a good approach. Just keep in mind that the success of copying another trader lies in their transparency. Make sure you know who you are dealing with before copying them. My two cents. Goodluck!

@BruceSellers422 23 күн бұрын

Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again.

@GunnarBlankenship 23 күн бұрын

How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?.

@michaellalanae7228 23 күн бұрын

Increase rates to 10% leave them there for fifty years . A four year hiccup will occur but money will begin to move into the economy as savers are rewarded making hard work finally pay off .

@Nostrildumbass2019-lq2cn 23 күн бұрын

Duh!!!

@PeterParker-wj3cr 23 күн бұрын

Ultra low interest rates cause inflation. We have been in a low interest rate environment pretty much since 2008. Now we have inflation and everyone is shocked. The current interest rate isn't even that high historically speaking.

@jamesandrew6153 23 күн бұрын

Exactly!! People just used to 0% rates But I here more and more people talking about credit card debt

@PeterParker-wj3cr 23 күн бұрын

@@jamesandrew6153 The reality is. The media continues to spread fear and doubt. They know the average person is malleable. Easily influenced. I read comments all the time. The masses blindly follow these youtubers that say things for clickbait. People need to wake up and unplug from the matrix...smh

@jamesandrew6153 23 күн бұрын

@@PeterParker-wj3crpeople don’t understand that inflation also causes asset inflation

@PeterParker-wj3cr 23 күн бұрын

@@jamesandrew6153 The masses might not understand the correlation. But the erudite do!

@josephpurdy8390 22 күн бұрын

I would have raised rates to 20.5% in February 2020. Whenever congress passed any budget that required them to borrow any money. Then, raised rates 3.5% each and every time. If any congress person dare mentioned my name. I would raise rates another 1% each and every time.

@nubbubnub 22 күн бұрын

well if inflation is that high why not beeing in stocks? yield products will just reduce your loss but wont stop it. I think people know that thats why the market is bullish. But feels like a bubble all the way up

@deerhunter7482 23 күн бұрын

They will cut in July and another in September because it’s an election year !

@abprepboy33 22 күн бұрын

I dont know if thats true. if they cut in july- inflation readings in aug and september will jump to like 6%. there is no way they could see horrible inflation THEN decide that cutting another time is what the solution is

@robertheadley3483 21 күн бұрын

Not a chance. If Tom is right about that leak that is considerably higher than expected. And there it's all but guaranteed that cpi goes up in May, June and July as well because the numbers from last year falling off are so low. No chance they cut with 9-10 months in a row of increasing cpi data.

@troyanthony6526 23 күн бұрын

Duh

@lindaostrom570 23 күн бұрын

rate cuts? keep dreaming. they will probably go up. everytime an omnibus bill is passed and more money is printed out of thin air, rates rise to finance the debt incurred. duh. i am not even very smart and i get it what on earth are you pple babbling about?

@nitrosrt4 23 күн бұрын

the media, mostly made up of people that are good at reading to a camera, is paid/bought by hedge firm money to promote a story, then other not so smart independent news doesnt know any better and runs it too. right now we're in operation "convince most money to go all in" thats exit liquidity, they need someone to sell to.

@eespn4764 22 күн бұрын

Hunter biden in china pocket😂😂last decade of hegemony power

@jimsummers487 23 күн бұрын

American capitalists need government subsidies…… Mabe workers can start eating from dumpsters ……….

@MrJcl666 22 күн бұрын

Those segments with tom are the best. Thank you for your time and information.

@YasukeNakamoto 23 күн бұрын

Government should just buy Bitcoin

@PP-oz2oj 23 күн бұрын

Who knows , may be they own it.

@jeffmore2549 23 күн бұрын

This wont even be a podcast once trump is president.

@TalkingwithTommy804 23 күн бұрын

This channel is produced by curmudgeons & viewed by curmudgeons😂😂

@mpconstructs6048 23 күн бұрын

yet here you are😂😂😂😂😂

@TalkingwithTommy804 23 күн бұрын

@mpconstructs6048 I love the entertainment of stupidity & enjoy butthurt commentary from Lemmings.

@nicholasmartinez6043 23 күн бұрын

Good. Keep the interest rates high and let my cash get better interest

@arney444 23 күн бұрын

Sorry, don't want to disappoint you, but this does not actually work. If your money market account fetches you 5.25% , it simply means that the REAL inflation is at least 6.75% (normally, the money market lags the real inflation by 1.5% - 1.75%). Sorry, but this is a simple mathematics.

@nicholasmartinez6043 23 күн бұрын

@@arney444 The CPI is under 4 percent. Where are you getting 6.75%? That sounds like a made up number. you do realize that if they drop interest rates then inflation get worse

@arney444 23 күн бұрын

@@nicholasmartinez6043 Nicholas, I would have to ask to do your research on how CPI is being calculated. This is a very manipulative and NOT an actual indicator. The CPI - as calculated - leaves out many real measurements of inflation. BTW, you don't need to take my word for it - you may find it in many professional articles. And you are a kind of DIY person - just add the cost of health care, education and food, all of which are EXCLUDED from CPI.

@MrMichaelBradfield 23 күн бұрын

neel isn't Iranian -- he's Indian (Kashmir) -- a lot of Indian last names are of Persian origin (e.g., Punjab -- five-water) due to the influence of Mughals who used Persian as their official state language en.wikipedia.org/wiki/Neel_Kashkari