WHAT TO EXPECT THIS YEAR..........
The Federal Reserve, in partnership with the Treasury, is going to flood the market with liquidity to prop up the economy to try and save Biden.
Inflation is still 50% above the Fed's target goal and the PCE (Personal Consumption Expenditures) is 75% above their goal. Yet, the Fed is planning on cutting interest rates 3 times this year.
The U.S. dollar has lost 19% of its purchasing power under Biden thanks to inflation and uncontrolled government spending. The very reason the Fed aggressively raised interest rates in the first place. They're only halfway to reaching their goal and now they're reversing course. Why?
To save Biden. The "Elite" are circling the wagons to protect themselves and they don't give a damn about the consequences to the American consumer.
So much for an independent Fed!
