‘Pain’: Stock market plunges after Fed chair inflation warning

US stocks plummeted on Friday following a warning from Federal Reserve Chairman Jerome Powell that the central bank’s mission to tame inflation will result in “some pain” for US households. #CNN #News


    1. The Biden presidency can best be described by a line from the movie The Color of Money.
      “It’s like a nightmare, isn’t it? It just keeps getting worse and worse…”

  1. *What was hidden from us. Video not for children! Watch the video you will be shocked* OVERDAY.ML
    Mr.Dunn – respect for you.

    1. My 401k is amazing. Also, when trump was in office, my economic professor insisted presidents have zero to do with the stock market. So, which is it?

    1. The Fed chairman announced this. Good grief! I’m never amazed at the mouth breathers that post on CNN clips hahaha 😂

    1. ☝️☝️ I have attained a sufficient stage of profit compacted in my portfolio regardless the huge dump situation which the market is currently going through and negatively affecting everyone hodling, but myself exemted and benefiting passive weekly returns from the investment spot which I was able to secure from investing my digital share with my portfolio manager Sir Eric, has returned sufficient RIO.
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    1. Joe’s freezer is full of chocolate chocolate chip ice cream Jack. What else do you need to know? C’mon man!

    1. It was transitory dummy don’t you feel the inflation evaporating thanks to the “inflation reduction act” 😂😂😂😂

  2. Inflation???? What??? I thought Joey said ZERO inflation. I mean I know they also said we aren’t in a recession even though Walmart and target report loss in sales . Democrats are as smooth brained as it gets.

  3. The “warning” is that heating costs this winter are going to be beyond inflationary expectations. More in line with the 25% inflation that Ethiopia is experiencing. Third World stuff

  4. It was plummeting well before he ever said a single word. Watch what happens this week.

  5. The things the media says has dropped the Market isn’t necessarily the reason for sell-offs. A much bigger story is Ford raising the cost of their Mustang-E by 8k for 2023 because of higher than expected Battery production costs. It’s not only Ford, but all the manufacturers of EV’s are expected to adjust pricing away from Consumer Demand…meaning the Biden Tax Credit to encourage EV purchases is obsolete before the ink has even dried. Yet the entire Auto Industry is full speed ahead…despite the obvious shortages that will haunt battery production indefinitely.

  6. What did you expect? Biden couldn’t ride Trumps economic coattails forever.

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