FED: Inflation up, growth down, and we're going to keep printing

[30ashopper]

Federal Reserve News Articles - Fed News - Central Bank - MarketWatch

Not much of a surprise, but clearly inflationary increases are now on their radar. A rate hike in the next year is possible. In the mean time, they'll keep the printing presses running full speed ahead. I wonder what happens to the stock market when their magical elevating money rug runs out of steam in June.

 

[Kurt]

I think you should have yourself a martini and check out the beach. :roll:

 

[30ashopper]

Not a bad idea, although if you have money in the market or on the side lines, it's probably not a good idea to have too many martinis or spend too much time at the beach during times like these.

 

[Kurt]

Sorry to hear that.