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Started By
Message
Powell says Fed would have cut rates by now if not for tariffs
Posted on 7/1/25 at 9:29 am
Posted on 7/1/25 at 9:29 am
quote:CNBC
Federal Reserve Chair Jerome Powell said Tuesday that the U.S. central bank would have easier monetary policy by now if not for President Donald Trump’s tariff plan.
When asked during a panel if the Fed would have lowered rates again by now had Trump not announced his controversial plan for levies on many foreign trading partners earlier this year, Powell said, “I think that’s right.”
Posted on 7/1/25 at 9:40 am to bigjoe1
How much do you get paid to start a thread?
Posted on 7/1/25 at 10:24 am to bigjoe1
I mean Powell is making himself look like a total moron
Nominate Bessent or Waller now so this loser retires early
Nominate Bessent or Waller now so this loser retires early
Posted on 7/1/25 at 11:04 am to WHS
No but he can nueter him by appointing someone now
If its bessent like rumors say then Scott will be able to overshadow Too Lates tard comments like this
If its bessent like rumors say then Scott will be able to overshadow Too Lates tard comments like this
Posted on 7/1/25 at 11:55 am to bigjoe1
Those tariffs do not seem so controversial now, feel free to lower the rates.
Maybe we need another year of data to be safe though
Maybe we need another year of data to be safe though
Posted on 7/1/25 at 12:13 pm to SDVTiger
quote:The Fed Chair is not appointed.
No but he can nueter him by appointing someone now
He is nominated by the POTUS and then must be confirmed by the senate.
The senate would not hold confirmation hearings if there is no vacancy in the position.
And it's neuter, not nueter.
Posted on 7/1/25 at 12:59 pm to DarthRebel
The tariffs aren’t controversial because Trump caved into pressure and backed off.
Posted on 7/1/25 at 3:55 pm to bigjoe1
Tariffs do NOT cause monetary inflation. I don’t understand why nobody presses him on this.
Posted on 7/1/25 at 5:00 pm to Fat Bastard
Too Late has admitted twice now that hes too late
Needs to go now
Needs to go now
Posted on 7/1/25 at 5:20 pm to bigjoe1
frick YOU JEROME
Guy is an economic terrorist
Guy is an economic terrorist
Posted on 7/1/25 at 5:28 pm to bigjoe1
Hypocrite. He didn’t adjust his policy based on the inflation reduction act/dem spending bill
Posted on 7/1/25 at 5:43 pm to bigjoe1
Well then he’s a total hack.
That’s the equivalent of saying that he needs higher rates because of tax increases. Tariffs have nothing to do with money or credit creation. They may cause higher costs on some goods but it’s not monetary inflation.
That’s the equivalent of saying that he needs higher rates because of tax increases. Tariffs have nothing to do with money or credit creation. They may cause higher costs on some goods but it’s not monetary inflation.
Posted on 7/1/25 at 6:34 pm to SDVTiger
quote:You're welcome, board Dunce.
Thank you bored (sic) Poilice
Posted on 7/1/25 at 7:22 pm to DarthRebel
quote:
Those tariffs do not seem so controversial now, feel free to lower the rates.
Maybe we need another year of data to be safe though
I think he'll start cuts in September.
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