Fed Holds Rates While Gas Explodes
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Fed Holds Rates While Gas Explodes

Bureaucratic zombies ignore the Iran war inflation inferno

Politics

The Federal Reserve held its benchmark interest rate unchanged, citing a slowdown in hiring due to lower labor demand and less immigration. Meanwhile, gas prices are surging from the Iran war.

Ah yes, the classic Fed move: pretending economic indicators are just quirky little numbers on a spreadsheet while your tank fills up like it's buying liquid gold. They're out here measuring 'labor demand' like it's a fucking philosophy thesis while the Middle East turns the pump into a slot machine.

Pure institutional masturbation.

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