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Fed No Longer Forecasting a Recession


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Fed No Longer Forecasting a Recession
 

Source: Political Wire
 

Federal Reserve Chairman Jerome Powell said the Fed’s staff is no longer predicting near-term U.S. recession, Axios reports. 

Said Powell: “Given the resilience of the economy recently, they are no longer forecasting a recession.”




Read more: https://politicalwire.com/2023/07/26/fed-no-longer-forecasting-a-recession/ 

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1 minute ago, steve from amherst said:

Thats a shame , we need a reset. Prices on everything are stupid.

Yup 4 year old pickups for $65k . Fucking stuuupid times. 

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2 minutes ago, EvilBird said:

Yup 4 year old pickups for $65k . Fucking stuuupid times. 

I'll sell ya my 4 year old pickup for 55k!  :lol:  You're right, prices are just stupid.

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5 minutes ago, steve from amherst said:

Thats a shame , we need a reset. Prices on everything are stupid.

I'm afraid they are never going back to where they were.  Once they go up they rarely go back down. 

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23 minutes ago, steve from amherst said:

Some yes , some no. Lumber prices has stabelized and dropped.

Commodities but many things that those commodities go into will not drop much.   My crate and pallet prices are still sky high.

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1 hour ago, poopooforme said:

Ya nice try libtard.  How about some context to what he said.  Charts don't lie!   https://www.newyorkfed.org/medialibrary/media/research/capital_markets/Prob_Rec.pdf

 

 

 

recession prob 7-23.pdf 35.65 kB · 0 downloads

Exactly, election is getting closer.  Time to start the false narrative.

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This country is in terrible shape, the worst in my life time by far.
A liberal woke brat still rejecting the truth, posts a liberal article with another false narrative.
How fucking stupid can you be?

Just admit you liberal cunts have been wrong about pretty much everything.

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31 minutes ago, gravy davey said:

Yeah that’s it.  :lol:   
 

$300 for two bags of groceries. :flush:  

It’s absolutely outrageous yet some here cheering a great economy.. $9 for a box of corn flakes. $12 for 2 bags of chips . fucking Biden.. It has everything to do with oil and pure price gouging none stop. Dumb Americans keep supporting it so it will never return 

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1 hour ago, Mainecat said:

The usual drivel from the MAGA’S hoping for Americas fail.

Its great news morons.

You’re so out of touch it’s pathetic…sitting on your patio with a cognac and cigar and not a care in the world telling us working class people with families that we want America to fail. Fucking unreal.

Edited by Jimmy Snacks
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1 hour ago, Jimmy Snacks said:

You’re so out of touch it’s pathetic…sitting on your patio with a cognac and cigar and not a care in the world telling us working class people with families that we want America to fail. Fucking unreal.

So it’s good news? If so agree or just sit back and continue to revel in Americas fail and your a MAGA

 

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Just now, DriftBusta said:

In todays WSJ. :lol:  :bc: 

60467658-AF76-4B13-9E2D-678E5CBE94F0.jpeg

I’m on my way from Southern Alberta to Door County Wisconsin. Meeting up with friends at a state campground near Fish Creek. Then it’s onward to the apostle islands. After that…..I haven’t decided. :) 

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7 hours ago, steve from amherst said:

Some yes , some no. Lumber prices has stabelized and dropped.

Commodity prices may come down but the things you buy that use those commodities won't.  Lumber might go down but the price to build a house won't.  Sleds aren't going to get cheaper because aluminum prices came down.

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4 minutes ago, spin_dry said:

I’m on my way from Southern Alberta to Door County Wisconsin. Meeting up with friends at a state campground near Fish Creek. Then it’s onward to the apostle islands. After that…..I haven’t decided. :) 

You should get a boat you can live on!

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