Dismal's Smacks

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'One factor that is likely helping to stabilize the financial system is the existence of monetary policy tools which could serve as a backup source of liquidity in times of financial stress.'

'One factor that is likely helping to stabilize the financial system is the existence of monetary policy tools which could serve as a backup source of liquidity in times of financial stress.' Governor Christopher J. Waller with a shout out to the Plunge Protection Team (PPT)? Source Reddit

Federal Reserve Alert! Speech by Governor Christopher J. Waller: 'We haven't yet made meaningful progress on inflation and until that progress is both meaningful and persistent'

Federal Reserve Alert! Speech by Governor Christopher J. Waller: 'We haven't yet made meaningful progress on inflation and until that progress is both meaningful and persistent, I support continued rate increases, along with ongoing reductions in the Fed's balance sheet' Source: https://www.federalreserve.

Federal Reserve Alert! Governor Lisa D. Cook (in first speech as governor): 'inflation is too high, it must come down, and we will keep at it until the job is done.'

Source: https://www.federalreserve.gov/newsevents/speech/cook20221006a.htm Other callouts in her speech: Despite a large drop in the number of job openings in August, which may suggest that labor demand is moderating, there is still an unusually high 1.7 job openings per unemployed job seeker. Meanwhile, layoffs

Unemployment Alert! In the week ending October 1, the advance figure for seasonally adjusted initial claims was 219,000, an increase of 29,000 from the previous week's revised level.

Source In the week ending October 1, the advance figure for seasonally adjusted initial claims was 219,000, an increase of 29,000 from the previous week's revised level. The previous week's level was revised down by 3,000 from 193,000 to 190,000. The

Amazon's 'Buy' button for digital content is a scam, you are not provided ownership of the content you buy. Remember, if you can't sell your items, you don't own them. NFTs and the GameStopNFT marketplace fix this!

Federal Reserve Alert! Governor Philip N. Jefferson: 'Restoring price stability may take some time and will likely entail a period of below-trend growth.'

Governor Philip N. Jefferson: 'Restoring price stability may take some time and will likely entail a period of below-trend growth. However, I want to assure you that my colleagues and I are resolute that we will bring inflation back down to 2 percent.' Source: https://www.federalreserve.gov/

U.N. Calls On Fed, Other Central Banks to Halt Interest-Rate Increases. What's next? A call for more QE?

Source: https://www.wsj.com/articles/u-n-calls-on-fed-other-central-banks-to-halt-interest-rate-increases-11664809202 Reddit Post