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re: CPI comes in hotter than expected, S&P 500 down 1%

Posted on 2/13/24 at 9:29 am to
Posted by Civildawg
Member since May 2012
8644 posts
Posted on 2/13/24 at 9:29 am to
I mean trump basically bullied Powell to cut rates did he not?
Posted by slackster
Houston
Member since Mar 2009
85498 posts
Posted on 2/13/24 at 9:36 am to
quote:

mean trump basically bullied Powell to cut rates did he not?


He tried for a long time but the Fed came to that conclusion on their own after the “global slowdown” near the end of 2018.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11323 posts
Posted on 2/13/24 at 10:35 am to
quote:

I mean trump basically bullied Powell to cut rates did he not?



No, the high yield bond market did that.
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