fEd wAtCh

jErOmE pOwElL bE lIkE:

fEd cHaIr mEmE

"wE'Re dAtA dEpEnDeNt" (tRaNsLaTiOn: wE mAkE iT uP aS wE gO)

nExT mEeTiNg
jUnE 11-12 (mArK uR cAlEnDaR)
rAtE cUt oDdS
sEpTeMbEr: 68% (cOpIuM)
qT sPeEd
$95b/mOnTh (mOnEy pRiNtEr gO bRrR iN rEvErSe)

eCoNoMeE mEmEs (lEaRn wItH lUlZ)

mOnEy pRiNtEr gO bRrR
qUaNtItAtIvE eAsInG eXpLaInEd

wHeN fEd pRiNt mOnEy: sToNkS gO uP. wHeN fEd sToP pRiNt mOnEy: sToNkS gO dOwN. sImPlE.

iNfLaTiOn vS wAgEs
wAgE-pRiCe sPiRaL

bOsS: "nO rAiSe cUz iNfLaTiOn" mE: "bUt i nEeD rAiSe cUz iNfLaTiOn" eCoNoMy: 💥

sOfT lAnDiNg
sOfT lAnDiNg cOpIuM

fEd: "wE'Ll lAnD pLaNe sMoOtHlY" eCoNoMy: *pLaNe oN fIrE, mIsSiNg wInGs*

yIeLd cUrVe
yIeLd cUrVe iNvErSiOn

wHeN bOnD mArKeT sAy rEcEsSiOn cUm bUt sToNkS kEeP gOiNg uP aNyWaY 🤡

mOnEy sUpPlY
m2 mOnEy sUpPlY

2020: pRiNt aLl tHe mOnEy! 2023: oOpS... 2024: *wHiSpErS* mAyBe wE tAkE sOmE bAcK?

gDp
gDp cAlCuLaTiOn

gOv: "eCoNoMy gReW 3.2%" mE: *lOoKs aT eMpTy wAlLeT* "u sUrE aBoUt tHaT?"

eCoNoMiC cRiSiS tImElInE (wE'Re aLl gOnNa dIe)

2008

sUbPrImE mOrTgAgE cRiSiS

bAnKs gIvE hOuSeS tO dOgS, eVeRyThInG cOlLaPsE. bIg sHoRt gUyS mAkE bAnK.

2008 cRiSiS
2011

eUrOzOnE cRiSiS

gReEcE dO a lItTlE oOpSiE, wHoLe eUrOpE pAnIc. gErMaNy mAd.

eUrOzOnE cRiSiS
2020

cOvId cRaSh

vIrUs cOmE, mArKeT dRoP 30% iN 3 wEeKs. fEd pRiNt $6t, sToNkS rEcOvEr.

cOvId cRaSh
2022

iNfLaTiOn bOoM

aLl tHaT pRiNtEd mOnEy cOmE bAcK tO bItE. eGgS cOsT $20, bOoMeRs cRy.

iNfLaTiOn
2023

bAnKiNg cRiSiS

sVb gO bYe-bYe. fEd: "dOn'T wOrRy, wE gOt u" (oNlY iF uR rIcH tHo).

bAnKiNg cRiSiS
2025

???

pLaCe yOuR bEtS! cOmMeRcIaL rEaL eStAtE? sTuDeNt lOaNs? cRyPtO aGaIn?

nExT cRiSiS

iNfLaTiOn cAlCuLaToR (rIp uR mUnNy)

sEe hOw pOoR yOu'Ll bE iN tHe fUtUrE

$100 tOdAy = $92 iN bUyInG pOwEr nExT yEaR

rEcEsSiOn pRoBaBiLiTy (oH sHiT mEtEr)

76%

cHaNcE wE'Re iN rEcEsSiOn wItHiN nExT 12 mOnThS

rEcEsSiOn mEmE

fEd: "eCoNoMy sTrOnG" bOnD mArKeT: *pOiNtS tO iNvErTeD yIeLd cUrVe*

eCoNoMeE nEwS (pAnIc hErE)

nEwS iMaGe

aPr. 28, 2025 aT 4:54 p.m. eT bY bArOn'S

nEwS iMaGe

aPr. 28, 2025 aT 4:46 p.m. eT bY bArOn'S

nEwS iMaGe

aPr. 28, 2025 aT 4:39 p.m. eT bY bArOn'S

eCoNoMeE nUmBeRs

kEy mEtRiCs

vAlUe cHaNgE
cPi yOy 3.4% -0.1%
cOrE cPi 3.8% +0.2%
uNeMpLoYmEnT 3.8% -0.1%
gDp gRoWtH 1.6% -0.8%
10y yIeLd 4.68% -0.12%

cOnSuMeR sTuFf

vAlUe cHaNgE
aVg hOuRlY wAgE $34.75 +4.1% yOy
aVg rEnT $2,100 +8.2% yOy
eGg pRiCe $4.25 -12% yOy
gAs pRiCe $3.89 +15% yOy