He should really stop acting like a politician and decrease the interest rates
He should really stop acting like a politician and decrease the interest rates
he's not and that's why he won't pump your bags
He would rather see the world economy collapse than give in to the orange gorilla
why would the world economy collapse if he keeps the rates where they are? rates aren't even high by historic standards. when the supply shock that trump caused really hits the market then prices will reflect that and they might need to raise interest rates even further. jpow is simply a professional doing his job, he doesn't need confirmation that he is more intelligent than trump.
No. keep seething
i feel sorry for him, having to deal with these animals. he's been the most apolitical data-driven fed chair that i have ever seen during my lifetime.
Making stupid decisions due to political pressure and publix outcry is acting like a politician. Doing his job, just because it runs counter to what the current administration wants, is not political.
Why should he bail out Trump when he could easily remove tariffs
I hope Trump mans up and fire his ass holy fucking shit. Holding the economy hostage. Fucking traitor. He should be shot and the federal reserve be set on fire.
First of all, you're an idiot,
Second of all, you're an idiot, but to clarify why, Trump can't fire the chiar of the federal reserve. Also why is he a traitor? Cause he's trying to keep the economy afloat? How do you even exist?
were you born two weeks ago?
based
Trump can't fire the chiar of the federal reserve
Supreme court literally says he can. Hes a traitor because hes playing politics, fucking over American lives. He could cut for biden but not for Trump???? Despite Trump delivery a better economy????????? FUCK OUTTA HERE
The deterioration of legal protections and trade policy in the USA are rapidly turning treasury bonds into a toxic asset/junk bonds. At this point it won't even matter if Powell cuts rates because the secondary market will continue to offload US debt no matter what, causing interest rates to be pressured upward from now on. Trump killed the goose that lays the golden egg by acting like a latin american dictator running an island of 3 million people, but instead he was running the world's largest economy that happened to have the world reserve currency when he started.
Nothing will happen
He can’t. He printed too much money in 2020-2022 and has to get consumer prices back in parity with wages since Corpos won’t increase pay. If they keep inflating they will get real Revolution in the first world.
no
keep interest rates high so I may acoomulate more
This guy is a major loser
Same
He could cut for biden but not for Trump????
The Fed funds rate was effectively 0% when Biden took office, compared with ~4.25% by the time his term ended.
First of all, you're reddit,
Second of all, you're reddit
He should increase the rate by 50 basis points, just to fuck with Trump.
Checked and btfo
Tbh it would be a better move than nothing
The market needs volatility to free up capital
Where it goes specifically is less important
We are burdened by a shitload of debt. At this point anything over 3.5% is sky high. Trump would be right in trying to cut spending to lower the debt burden but you can't just stop the debt wheel overnight.
yes you can the government can pay it all by fundraising gold/lithium/etc mines and selling them to foreign interests in two seconds but obviously there is a reason to keep it in debt rather than that, also who gives a fuck about the interest rate on the deficit the gov pays that the problem is normal white people can't use credit cards to function like a normal person meanwhile browns who live terminally shorter blow through it all on mortgages and crap so there's less for us
credit cards being 30% will cause a revolution fast
they should make it all 10% for married young couples, but that's le evil hitler nazism
josef biden is responsible for putting jerome powell in charge of the federal reserve, now america is collapsing, the media is blaming donald trump but this is all biden's fault
cut spending
Austerity doesn't work. Just let the treasury set up credit accounts and let the fed clear payments on behalf the treasury. And wind bond rates to 0.
Ah, yes, Biden's to blame for literally everything wrong in the US!
Seem a lot of these anti-powell posts, I bet its russian or chinese bots pushing this narrative, because firing powell and cutting rate would be suicide for the dollar.
Miggers raiding from Anon Babble because fed rate decision is today, even though the chance of no change were already predicted at 97% like 3 weeks ago
Why not?
They've been wheeling out the dead horse of "everything in the last 50 years is shit because orange man!" for a decade, anon. It works on people somehow; makes sense it could work in reverse
The dollar already sudoku'd over a hundred years ago.
Ok, then what's orange man's plan. Because its pretty clear he doesn't have one.
Tariff
This will create jobs
Raise tariff
Negotiating tactic
Randomly tariff foreign movies. Fuck it why not
Hollywood makes bad movies, so tariffing foreign ones does what exactly?
Its literally the #1 world reserve fiat, retard. I'm a gold/bitcoin investor, I'm not pro-fiat, but the dollar is the #1 fiat precisely because its most like bitcoin/gold of any fiat currency in that the fed is relatively politically isolated and operates on a mathematical / scientific bases RELATIVE to other fiat currencies.
You should really stop shilling on behalf of the big ugly orange turd
I just want cheap loans so I can go finance a Platinum F-350 to tow my speed boat with hoss.
He will do absolutely nothing and wait until "more data comes in".
How this isn't obvious to so many is a mystery.
only adult in the room
Anon Babble is a Anon Babble adjacent board you fucking new kike
Its clear he's playing the game with more information than we have (like every potus)
Never get caught up on the things people say, their actions will ALWAYS be in service to their aims
You should think harder before replying in general
Refuting points I never made to satisfy an argument we never had is dissatisfying to everyone
My gf looks a bit like that and I nut inside her a several times a week.
Checkmate atheist.
SAAR DO NOT REDEEM THE RATES