Inflation Alert! Fed Governor Michelle Bowman: “Inflation continues to be too high, and I expect it will likely be appropriate for the Committee to raise rates further and hold them at a restrictive level for some time”

Bowman calls out she is in the rates higher for longer camp while leaving room to continue raising rates. She calls out the PCE index rising but fails to mention that it was being undercounted previously and is actually HIGHER going back the last two years and registered at 3.5% in August, still WELL above the 2% …

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A Chinese journalist asks the Nobel Prize committee this question. “With the mRNA, we don’t know the long term effect yet. Do we have any concern over that?”

Hear the answers from Professor Sandberg and Professor Olle Kampe. “The mRNA given is very transient” “The amount of side effects noted to date is extremely limited, so I don’t think it’s a major concern” “Well it can’t be integrated into the nucleus, into the DNA, and that’s a safety precaution.” “The effects noted are …

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NATO Committee Charman Demands The Immediate NATO Bombing of Serbia!

Chairman of NATO’s European Development Committee Günter Fehlinger called on the North Atlantic Alliance to strike Serbia. “The Serbian war against Kosovo has begun in Banska. I call on NATO to immediately prepare an intervention against Serbia. Bomb Belgrade right now!” ⚡️🇫🇲 Chairman of the NATO European Development Committee Günter Fehlinger called on the North …

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Minutes of the Federal Open Market Committee, July 25-26, 2023: “Various participants commented on risks that could affect some banks, including unrealized losses on assets resulting from rising interest rates, significant reliance on uninsured deposits, and increased funding costs.”

by Dismal-Jellyfish Source: https://www.federalreserve.gov/monetarypolicy/fomcminutes20230726.htm Developments in Financial Markets and Open Market Operations: The manager turned first to a review of developments in financial markets over the intermeeting period. Market participants interpreted data releases as generally demonstrating economic resilience and a further easing of inflation pressures. The market-implied peak for the federal funds rate rose in response …

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Donald J. Trump: “So now that I have full Subpoena Power the January 6th Committee has illegally destroyed their Records and Documents….This is unthinkable, and the Fake Political Indictment against me must be immediately withdrawn.”

View post on imgur.com Donald J. Trump @realDonaldTrump So now that I have full Subpoena Power because of the Freedom of Speech Sham Indictment by Crooked Joe Biden, Deranged Jack Smith, and the DOJ, it has just been reported that the Unselect January 6th Committee of Political Hacks and Thugs has illegally destroyed their Records …

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The revolving door between the Financial Services Committee and lobbying firms is crazy

Robinhood has spent $1.3M lobbying on “issues related to market infrastructure” over the last year. Their lobbyists worked for the House Financial Services Committee as recently as 2019. The revolving door between the Financial Services Committee and lobbying firms is crazy: pic.twitter.com/9YDbLhQfRs — Quiver Quantitative (@QuiverQuant) July 25, 2023

Federal Reserve issues FOMC statement: the Committee decided to maintain the target range for the federal funds rate at 5 to 5-1/4 percent.

by Dismal-Jellyfish Source: https://www.federalreserve.gov/newsevents/pressreleases/monetary20230614a.htm Recent indicators suggest that economic activity has continued to expand at a modest pace. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated. The U.S. banking system is sound and resilient. Tighter credit conditions for households and businesses are likely to weigh on …

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