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Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay... see more

TSX:BTE - Post Discussion

Baytex Energy Corp > US Inflation
View:
Post by smallcaptdr on Feb 14, 2023 8:59am

US Inflation

Since Sept when Inflation was at 8.2% I`ve posted that once we hit the 6%`s that Inflation will stall and that all the lost percentage points since June were only taking the froth off and I nailed it with Inflation at 6.4% following the last reading of 6.5% and I bet you that the FED is now frustrated that they didn't raise the Intrest Rate by .75% which will come the next time.  The FED meeting in March will give them a chance to fix this before it goes to 7% 


US Inflation Rate
United States Inflation Rate
Comment by SmokeyOB on Feb 14, 2023 9:17am
The way interest rates effect inflation is a lagging indicator Batman. The large rate increases are still being digested. Plus most good operators would have had a large percent of fixed rate debt. Do you not follow or have any financial backing? Just saying.  with the amount of rhetoric you post you're always right you either post oil is going up or down everyday. Eventually you are ...more  
Comment by 1condor on Feb 14, 2023 10:07am
The U.S. fed will only do 0.25 increments from here...the big rate moves are already done. I figure the U.S. has about 2 rate increases left. Canada...even though they say are on pause...will raise 0.25 next time around.