https://www.youtube.com/watch?v=Eig-NOwTpbo
ENDED NOW.
First reaction. They are crazy.
They are focusing on unemployment. Letting inflation running high to "help" lower wages labourfoce to find a job. This is nonsense, they get slaughtered by inflation in the meantime.
EURUSD, XAU and BTC all going the same direction.
Until the Fed actually puts their money where their mouth is and raises interest rates, it's all just a load of bullshit anyway.
It's doubtful that Wall Street will even allow them to raise rates at this point. If they try it, WS will just mass sell off stocks, sending markets crashing.
So it's the Fed's allegiance to the 1% that's keeping rates at zero and inflation low (aka stagflation).
This is 100% true.
Very likely, the rates will rise slowly anyhow, no matter if the FED raises rates. The FED is behind the curve all the time. Then WS will crash anyhow.