Silver Report Uncut: Inflation Blows Through Expectations, the Fed Warns it may be too Late and Calls Emergency Meeting

0
284

Silver Report Uncut
Feb 13, 2022

All of a sudden, The Fed has called for an “Expedited, Closed” Board Meeting on Monday Feb 14th.

The goal of the meeting is: “Review and determination by the Board of Governors of the advance and discount rates to be charged by the Federal Reserve Banks.” and after January’s surprisingly bad decline to fresh decade lows, analysts expect University of Michigan’s Sentiment Survey to show further modest weakness in preliminary February data.

They were right in direction but the magnitude is way off – UMich headline sentiment crashed from 67.2 to 61.7 (against 67.0 expectations).

Both Current Conditions (from 72.0 to 68.5) and Expectations plunged (from 64.1 to 57.4), even though both were expected to show modest rebounds.

https://www.youtube.com/watch?v=uGSKtYbxnEc

______________________________________________________

If you wish to contact the author of any reader submitted guest post, you can give us an email at UniversalOm432Hz@gmail.com and we’ll forward your request to the author.
______________________________________________________

All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.

Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.

Copyright © 2021 Dinar Chronicles

LEAVE A REPLY

Please enter your comment!
Please enter your name here