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Started By
Message
Trump calls on FED to cut rates; hints at Powell being fired soon
Posted on 4/17/25 at 6:37 am
Posted on 4/17/25 at 6:37 am
“The ECB is expected to cut interest rates for the 7th time, and yet, ‘Too Late’ Jerome Powell of the Fed, who is always TOO LATE AND WRONG, yesterday issued a report which was another, and typical, complete ‘mess!’ Oil prices are down, groceries (even eggs!) are down, and the USA is getting RICH ON TARIFFS. Too Late should have lowered Interest Rates, like the ECB, long ago, but he should certainly lower them now. Powell’s termination cannot come fast enough!”
CNBC
hmmm….
CNBC
quote:
USA is getting RICH ON TARIFFS
hmmm….
This post was edited on 4/17/25 at 6:39 am
14
Posted on 4/17/25 at 6:42 am to Augustus516
quote:
who is always TOO LATE AND WRONG
Yup they are behind again remeber 2021 when they didnt raise them
quote:
In 2021, Federal Reserve Chair Jerome Powell and other officials described the rise in inflation as "transitory," meaning they expected it to be temporary and not lasting. Powell specifically cited supply chain issues, a sharp drop in prices at the start of the pandemic, and a rapid increase in demand as factors contributing to the price hikes.
Posted on 4/17/25 at 6:54 am to Augustus516
I know you guys say its a bad deal but my selfish arse NEEDS them rates to fall. I need to refi. I WANT a new boat and need to refinance this new house my wife talked me in to. 
Hate if you want, I am being selfish and DGAF. Give me 5% for a month so I can refi and then yall can go back to your regularly scheduled program.
Hate if you want, I am being selfish and DGAF. Give me 5% for a month so I can refi and then yall can go back to your regularly scheduled program.
Posted on 4/17/25 at 7:37 am to Augustus516
Trump needs to STFU.
He is losing credibility acting like a petulant teenager over what the Fed is doing.
He is losing credibility acting like a petulant teenager over what the Fed is doing.
Posted on 4/17/25 at 7:41 am to LSURussian
quote:
He is losing credibility acting like a petulant teenager over what the Fed is doing.
Calm down, Janet.
Posted on 4/17/25 at 7:42 am to Augustus516
quote:
hints at Powell being fired soon
Boasberg will never allow it.
Posted on 4/17/25 at 7:42 am to Augustus516
Lowering interest rates now would be the a punch that knocks us out for a very long time. Anyone with basic economics 101 knowledge knows this.
Posted on 4/17/25 at 7:47 am to LSURussian
Trump is President, went to the Wharton School, and is a billionaire. He can say whatever he wants, and he happens to be 100% correct on Jay Powell.
Posted on 4/17/25 at 7:47 am to LSURussian
quote:
LSURussian
Posted on 4/17/25 at 7:49 am to T-Mike
Doing nothing right now is more preferrable for the immediate and mid term than raising or lowering rates. If Trump or Powell are smart, they don't talk about anything about rates, etc until the 4Q at the earliest
Posted on 4/17/25 at 7:51 am to SDVTiger
He’s right on time, like a moth to a light. He probably thinks we need QEinfinity
Posted on 4/17/25 at 7:55 am to Riverside
quote:
Trump is President, went to the Wharton School, and is a billionaire.
Bankrupted multiple casinos.
Posted on 4/17/25 at 7:55 am to Augustus516
quote:Powell's comments yesterday were indeed a mess.
Powell’s termination cannot come fast enough!
Powell inexplicably linked tariffs and inflation in the intermediate term. Inflation is a continual upward price pressure. Tariffs do not cause that. Economists, including Powell, are screaming about how bad tariffs are for the economy and GDP while simultaneously claiming inflation risks are increased.
I'm normally not a fan of a POTUS going after the Fed, but in this instance Trump is right. The Fed is a mess.
Posted on 4/17/25 at 7:56 am to Padme
He needs to be put out to pasture
Posted on 4/17/25 at 7:58 am to Riverside
quote:I taught at Wharton. So frickin' what?!?
went to the Wharton School
Posted on 4/17/25 at 7:58 am to Riverside
quote:
he happens to be 100% correct on Jay Powell.
Do you guys ever get tired of Trump appointing people like Milley, Wray, and now Powell and then making childish tweets about them? Whose fault is it these people were in positions of power?
Posted on 4/17/25 at 8:00 am to AGGIES
So what? GWB and Obama bankrupted America. At least Trump led his companies out of bankruptcy protection.
Posted on 4/17/25 at 8:01 am to LSURussian
quote:
I taught at Wharton. So frickin' what?!?
Cleaning toilets doesn’t count as teaching, pal.
Posted on 4/17/25 at 8:01 am to LanierSpots
quote:
my selfish arse NEEDS them rates to fall. I need to refi. I WANT a new boat and need to refinance this new house my wife talked me in to.
Save the cash and buy your boat with cash.
Posted on 4/17/25 at 8:02 am to Riverside
quote:
GWB and Obama bankrupted America.
Trump added 8 Trillion to national debt in 4 years. Obama didn't equal that in 8 years.
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