RE:Birchcliff Stock PriceThe USA fed has more than interest rates as a tool.
The Fed can sell securties to decrease money supply...it decreases the cash financial instutions have but they seem afraid of this.
I think regional USA banking crisis earlier showed Fed things will snap doing this.
So money supply isnt going down fast and Fed instead is using interest rates as more of an inflation killing tool but this is killing genral public.
This is why average american doesnt feel so good about the ecoomy even though high level USA economy numbers look good.
It really is kinda a mess in USA. I think waiting to get banks healthier but they going to have to lower money supply more at some point.