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Alternate Symbol(s): N.NVDA

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NVIDIA Corporation is a full-stack computing infrastructure company. The Company is engaged in accelerated computing to help solve the challenging computational problems. The Company’s segments include Compute & Networking and Graphics. The Compute & Networking segment includes its Data Center accelerated computing platforms and artificial intelligence (AI) solutions and software; networking... see more

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NVIDIA Corp > Jerome Powell's keeps his "ACE UP HIS SLEEVE"

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Post by long342 on Mar 06, 2024 4:35pm

Jerome Powell's keeps his "ACE UP HIS SLEEVE"

He will not raise the interest rate unless he sees the economy faultering into a recession. Thats the truth the whole truth. Congress is filled with a bunch of pacifiers who will not admit that inflation is needed to stabalize the economy by increasing wages and capital so that government revenues increase to meet interest payments on the NATIONAL DEBT which increased during the pandemic years. 5% interest rate is peanuts and people/companies need to adjust. War in Ukraine is not helping. The longer Powell keeps his foot on the interest rate hike. brake the better we are off.