Love them or hate them, several of the biggest bank CEOs have expressed concern with our economy. The man at the top of my company has repeatedly stated that our recent economic growth has been mainly driven by government spending & has criticized the fed’s plan to cut rates with inflation still out of control. It’s fiscally irresponsible.
Consumer Price Index just came out to say aggregated prices today are 3.5% vs a year ago and 0.4% vs February. This is way ahead of the Fed’s target of 2% for 2024. Bad look for Biden.
Also:
Biden's former chief of staff gets heated in leaked audio over White House ignoring inflation: report
https://www.foxnews.com/politics/bid...ion-report.amp