from Stew Peters Network:
TRUTH LIVES on at https://sgtreport.tv/
from Silver Doctors:
“…highly attentive to inflation risks.”
(by Half Dollar) The Fed has just concluded its most recent 2-day FOMC meeting.
Here’s the Fed’s statement, posted in its entirety (bold added for emphasis and commentary):
Recent indicators point to modest growth in spending and production. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher food and energy prices, and broader price pressures.
by Kurt Schlichter, Townhall:
When Ron DeSantis is consulting renowned experts about whether or not to run for president in 2024, the man he is most likely to listen to is President Chris Christie. Well, not literally listen. He’ll instead learn from the potential prezzy who ended up presiding in network green rooms instead of the White House because he declined to run when he had his big – well, everything about him is big – chance in 2012. The Gov will also look to the lessons of President Mario Cuomo. These two guys hesitated and missed their window, just like there are some folks – Mitt Romney, John Kerry, Felonia Milhouse von Pantsuit – who never actually had a window at all yet still tried to dive through one and ended up defenestrating themselves.
from The New American:
TRUTH LIVES on at https://sgtreport.tv/
by Paul Joseph Watson, Summit News:
Twelve individuals who are on the terror watchlist attempted to cross the southern border into the U.S. in August alone, Customs and Border Protection data shows, bringing the total of potential terrorists apprehended to 78 this year.
Fox News reports that the figures equate to triple the prior five years combined.
from Bannons War Room:
TRUTH LIVES on at https://sgtreport.tv/
by Paul Craig Roberts, Paul Craig Roberts:
The Federal Reserve has a long record of mistaken decisions. Unless the Federal Reserve’s intent is to collapse the economy, the current policy of higher interest rates will go down as the most mistaken reading of the economy since the Great Depression.
Prices are rising sharply in Germany, UK, and Europe, but not because of an increase in money creation. They are rising because US Sanctions against Russia have reduced the supply of energy and disrupted transportation. Supply reductions have driven up prices of everything dependent on energy and transportation.
by Wolf Richter, Wolf Street:
“Housing market will have to go through a correction … to where people can afford housing again”: Powell
The FOMC voted unanimously to hike its policy rates by another 75 basis points, the third hike of this magnitude in a row. This brought the target for the federal funds rate to a range between 3.0% and 3.25%.
from ZeroHedge:
Credit Suisse is mulling several drastic options as it seeks to emerge from losses and scandals, including exiting the US market, firing more than 10% of its 45,000 global workforce, and splitting its investment bank into three – which would include the creation of a “bad bank” to silo risky assets, the Financial Times and Reuters report.