Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

progree

(12,093 posts)
5. "My gut tells me that uncertainty about the path of the economy is extremely elevated and
Wed May 7, 2025, 07:40 PM
May 7

"that the downside risks have increased," he [Powell] said.

https://finance.yahoo.com/news/live/stock-market-today-dow-sp-500-nasdaq-rise-as-fed-holds-rates-steady-powell-sticks-to-wait-and-see-200523723.html

===========================

"extremely elevated". Hmm. But the stock market (S&P 500) closed up 0.4% for the day, the Dow up 0.7% (285 points), so hey, no big deal I guess.

=========================

Oops, I meant to reply to the OP. But there's also rice, pasta, ramen, and beans and bread in addition to potatoes for cheap ways to suppress hunger.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Latest Discussions»Latest Breaking News»Fed holds rates steady as...»Reply #5