Robert Kaplan, former Dallas Fed President, joins ‘Squawk Box’ to discuss the Fed’s inflation fight, whether the tightening campaign is nearing an end, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https:// cnb.cx/2NGeIvi Β» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision Β» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC https://www.cnbc. com/select/best-credit-cards/ #CNBC #CNBCTV
20 Comments
I love a good comment from the former insider trader at the Fed
The "Inflation Reduction Act" was actually a "climate crisis" bill that had no intention of "reducing inflation". They only named it "The Inflation Reduction Act" to get people to sign it with out reading it. Brilliant, yet diabolical move. These evil, rich climate zealots are cunning.
REMINDER: There is no such thing as the "climate crisis", it's just an evil tax on small businesses, middle-class families, and the working poor.
Making money is action. keeping money is behavior. Growing money is knowledge. I'm excited I started earning upto 15thousand dollars extra income.
Hey CNBC, new video – how exciting!
Here are some stats about your earlier video (https://www.youtube.com/watch?v=8qOQqh5kE3Q)
Top three most active conversations have 8, 1 and 1 replies respectively and one of these conversations is scam.
Total number of scam conversations: 1
Total number of individual scam comments (excluding scam conversations): 0
** These stats may include comments removed by you.
Deflation will come if they keep hiking like crazy !
Aging decelerating workforce growth!
Productivity? ^d/t tech/ai
Inflation dropping fast.
Deflation in China.
Stop hiking, gawd.
Give poor crumbs b4 they lose jobs.
Robert Kaplan: fed insider trader; also from texas recommends drilling in the face of environmental disasters outside possible climate change.
Nothing about the 5 decades long tax cuts for rich and corporations.
ARPA money π to be spent by local government
Fossils like joe love fossil fuels. Phase out : )
Why is Becky Quick so quiet, aloof, alone and isolated???!!
This guy looks like a demon
Dollar up but oil up 2%. Stagflation is here.
We're not going back to 2010-2020 kind of low inflation goldilocks investing environment. You people are going to be very disappointed.
Governments printed 40% of all the currency ever printed in less than 2 years. Inflation expectations was unhinged. For a reason. Just listen to BOJ. He said what was supposed to be a known secret. To unhinge Inflation expectations, then later hinge them again. We have unhinged Inflation for the decade. Going back to low inflation will take the preceeding decades to achieve. Not gonna print 40% of all the currency ever printed and we somehow get inflation consistently and stubbornly stuck at 2%. You people just don't get it.
Thank the good lord that someone is speaking sense. Please someone show this to the Canadian government also
'data dependent' means nothing.
How much or inflation is fueled by cost of war and rising payments on $33T US debt?
The government has no firm plans to combat inflation. Stocks, Houses and commodities will rise along with everything else as they will continue to inflate. You can't just sit on your cash and wait for a crash; you have to put your money to work, start investing gently, and then pick up the pace as the prices fall further. Making the decision to take money out of my account in excess of $500K at this time is more difficult. I am aware of certain investors that continue to make that much despite the terrible downturn market. I wish I could pull that off.
Market declines, surging inflation, a big interest rate hike by the Fed, and rising treasury rates are all expected to increase portfolio losses this quarter. How can I profit from the market's current volatility? I'm still debating whether or not to sell my million-dollar bond and stock portfolio.
Agree, we need to watch out for future government spending resulting from Inflation Reduction Act & Infrastructure Act.