![]() Powell sent a mixed message about whether he thinks the Fed will eventually need to further raise rates or instead just keep the current level of rates in place for a prolonged period.Īnd he said he still thinks that a “soft landing” - in which inflation would fall back to the Fed’s 2% target, without causing a deep recession - is still possible. “And I would also say it’s possible that we would choose to hold steady at that meeting.” “It is certainly possible that we will raise rates again at the September meeting,” he said. This time, though, Powell said the Fed’s policymakers may or may not raise rates again at their next meeting in September. Since it began raising rates in March 2022, the Fed has often telegraphed its upcoming action. Speaking at a news conference, Fed Chair Jerome Powell was noncommittal about any expectations for future rate hikes. Coming on top of its previous hikes, the Fed’s latest action could lead to further increases in the costs of mortgages,auto loans, credit cards and business borrowing. Wednesday’s move raised the Fed’s benchmark short-term rate from roughly 5.1% to 5.3% - its highest level since 2001. ![]() But it provided little guidance about when - or whether - it might hike rates again. WASHINGTON (AP) - The Federal Reserve raised its key interest rate Wednesday for the 11th time in 17 months as part of its ongoing drive to curb inflation. Timeouts are teachable moments, but needless sexism shouldn’t be included in the lesson.By CHRISTOPHER RUGABER (AP Economics Writer) In fact, a plain one might even work better because it doesn’t look like a shiny new toy. A timeout chair will still work even if it isn’t sparkly and adorable. If we want to eliminate gender stereotypes that limit our kids’ ability to grow into well-rounded individuals, we have to start by looking critically at the products we bring into our homes. Why voluntarily introduce it if you don’t have to? No matter how harmless they might seem, gendered products are contributing to damaging sexist views that our kids have to grapple with for their rest of their lives. Studies have shown gendered toys and products encourage kids to hold stereotypical views of men and women, to bully others based on perceived standards of masculinity, and to stop playing in mixed gender groups much earlier than is developmentally appropriate. You have to wonder, what happened to the good old days when a timeout chair was a plain stool in the corner, five minutes sitting on your bed, or even just a stern talk at the kitchen table? On Pinterest, the chairs have dozens of re-pins, shares, and moms DIY-ing them. One Facebook seller has dozens of comments calling the chairs adorable and inquiring as to how much they are. It’s not shocking that these chairs exist, but it is shocking that people are actually buying them. Here’s another variation of the girl chair that will make you lose your lunch: The “girl” chair, of course, talks about sugar and spice, being a lady, and not whining - because from the earliest age girls must be told that they’re whiny nags and being a “lady” means shutting the hell up about your opinion at all times. Apparently all boys just can’t control their crazy masculinity and it makes them want to beat the shit out of everything at all times. The “boy” chair talks about raising boys to be men and controlling their impulse to kick, shout, and fight. They come in pink, blue, and sometimes green, and they include gag-inducing little poems to let your son or daughter they’re acting outside of acceptable gender norms. According to Jezebel, the chairs are being sold by a number of online retailers on Facebook, Pinterest, and Etsy.
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