Which means Fed's monetary policy doesn't work, plus the collateral damage of inflation.

Fed's Kashkari: The US economy remains in a "deep hole"

Well, you don't need to believe it because it's true and vice versa. For me it's not a matter true or false, but as a reference to see the market reaction. Based on today's pce, i think Fed's tapering pressure is getting lessened.

Personal Income and Outlays, May 2021

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China says its military ready to respond to all provocation

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China says its military ready to respond to all provocation

I welcome this sort of "information", kinda test to my deduction and logic ability. Sure, "information"s are born to make people confused, only "truth" makes people believe. So far I believe in nothing from FED, no matter they are useful or not.

Fed's Kashkari: -Inflationary indicators have been higher than predicted, but this is expected...

Nothing technical hier but only math and psychology. when the voice of tapering silenced, then the momentum of usd commences breathing. Pressure? Don't think so. They have their political aims instead of monetary targets.

Fed under pressure as US inflation climbs

The problem is FED reckons inflation and unemployment rate could and should be under control by solely monetary policy, what a risky and naive thought! Of coz, monetary policy should support economic development, yet stabilizing pricing is the prior ...

‘Impotent’ Fed policy will fail to contain 1970s-type inflation, investor Peter Boockvar...

the bad boy did the right thing, the worse boy doing the evil things.

Biden Revokes Trump Actions Targeting TikTok, WeChat; Signs Executive Order Requiring...

Haha, true. Trump and Xi make me nervous, uncle Joe and Putin sometimes make me laugh.

Putin: Russia doesn't want to stop using the dollar

Haha, what a clown! Sure all countries would agree to this proposal to settle with oil and gas, not to mention which countries own the most reserves.

Putin: US uses dollar as a tool of ecomonic and political war; this undermines dollar

Why would that happen? Will Rupee, RMB or Keynes' Bancor held by IMF would be better performed as a global reserve currency? As long as there's forex then the game rule remains, and the dollar remains the main player. Every state has its own ...

Russia to fully de-dollarise its sovereign fund - with little implication for the market

If I can't buy three pieces of Mercedes, do you think that's because MB caps the quantity for orders?

China announces three-child policy in a major policy shift

There's no "think" tank in China, only CCP tank.

China, U.S. can find common ground on tariff exclusions, Chinese think tank says

yep, sure. just start to dance right before the music stops.

Fed’s Clarida Says Not Yet Time to Start Taper Talk

The higher you climb, the more careful you do with your crotch. Life would be easier. This is not a neighbor Larry's story.

Microsoft Board Investigated Bill Gates' 'Intimate Relationship' With Employee

Are you sure? If so, why the private law firm is hired by MS BoD instead by Melinda? Why this affair is being investigated by the company instead by his ex-wife? So far, this only brings me two conclusions, Melinda is far more smarter than Bill ...

Microsoft Board Investigated Bill Gates' 'Intimate Relationship' With Employee

Political speaking, those things that you can see, read and hear basically don't exist.

U.S. will not leave Australia alone to face China coercion -Blinken

The real bubble hier is that FED has been trying to make people (the market) believe that monetary policy (low IR) is the best and only way to achieve the economic recovery and full unemployment state, and they have full tools in their pocket to ...

Waller: Doesn't Want To 'Move Too Fast' Chasing Inflationary Ghosts, Fed Won't Respond To...

“If we saw evidence that there was a risk of a persistent upward drift in inflation expectations we would not hesitate to use our tools to offset that,” he said.'' Hope it's not too late, inflation always comes sooner than monetary takes effect...

Fed's Clarida plays down significance of rising U.S. inflation

Economy composes of many elements to support, monetary policy is just one of many. As long as it takes?! Controlling unemployment rate by monetary policy and neglecting the side effects?! It gonna be ugly, and it'll pay off beyond your imagination.

Clarida: U.S. Economic Outlook and Monetary Policy