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Started By
Message
re: EU's Inflation is higher than our, yet they lowered rates again..for the 7th time
Posted on 4/21/25 at 9:17 pm to KCT
Posted on 4/21/25 at 9:17 pm to KCT
quote:
He's part of the Deep State. He knows that his #1 priority is to do everything he can to ensure that Trump fails.
Is every Trump appointee that doesn’t follow his wishes to the highest degree the Deep State?
1
Posted on 4/21/25 at 9:20 pm to BCreed1
Powell does what his Democrat operatives tells him to do.
Posted on 4/21/25 at 9:25 pm to BCreed1
AND............They have tariffs galore on everything they sell us. So, how can the E.U. & the whole world place tariffs on the US Citizens for over 50 years and that is A-OK for the worlds economy, deeming to be n threat to inflation when they do it.
Posted on 4/21/25 at 9:30 pm to TTOWN RONMON
Tariffs that have been in effect for years are not inflationary. New tariffs are for a little while then things adjust. This isn’t particularly difficult to grasp.
Tariffs create transitory inflation, somewhat ironically.
Tariffs create transitory inflation, somewhat ironically.
Posted on 4/21/25 at 9:33 pm to Aubie Spr96
quote:
You stupid fricks realize that ‘zero percent interest rates’
Who the hell asked for zero%
quote:
lead to our out-of-control spending
Nope. That's on CONGRESS.
quote:
nation ending debt, inflation, and the devalued dollar right?
Bless your heart.
Posted on 4/21/25 at 9:35 pm to IMSA_Fan
quote:
The EU’s economic isn’t growing - thus the reason for cutting rates
They are projecting a 1.1% to 1.5% growth next year while the USA is projected to be 1.2% to 2.2%.
Thus the reason for us to cut rates right.
Posted on 4/21/25 at 9:38 pm to slackster
quote:
Tariffs that have been in effect for years are not inflationary. New tariffs are for a little while then things adjust. This isn’t particularly difficult to grasp.
What happens when taxes are cut? Cut on Businesses and consumers?
Posted on 4/21/25 at 9:42 pm to BCreed1
quote:
What happens when taxes are cut? Cut on Businesses and consumers?
Consumer tax cuts tend to be inflationary by definition. Business tax cuts aren’t really correlated to inflationary pressure.
Posted on 4/21/25 at 9:49 pm to slackster
quote:
Business tax cuts aren’t really correlated to inflationary pressure.
So the cost of business does not effect the prices?
More money in people's pocket helps what?
Posted on 4/21/25 at 9:50 pm to slackster
Tariffs are deflationary, just research them from the past. Powell lowering 50 basis before the election was pure political, no other way to explain that, and probably the way Trump sees Powell then and now!
Posted on 4/21/25 at 9:51 pm to slackster
Thats the point jackleg, AND Trump placed tariffs on China in his first term, NO INFLATION. The only inflation we get is when Dems and their allies spend, spend spend.
Posted on 4/21/25 at 9:56 pm to BCreed1
quote:
What happens when taxes are cut? Cut on Businesses and consumers?
The administration has massively increased taxes on American consumers. Now Trump wants below market interest rates to try to juice the economy to try to provide political cover for his disastrous and apparently improvised economic policies. If the Fed goes along, that would be a blatant political move. Rates aren’t high. The economy would be better served without all of the Trump chaos.
Posted on 4/21/25 at 9:57 pm to slackster
quote:
Is every Trump appointee that doesn’t follow his wishes to the highest degree the Deep State?
Posted on 4/21/25 at 10:01 pm to Aubie Spr96
quote:
Jesus Christ. You stupid fricks realize that ‘zero percent interest rates’ lead to our out-of-control spending, nation ending debt, inflation, and the devalued dollar right?
It would be nice if Trump just had a plan that he could articulate. Too bad he doesn’t.
I was going to chime in but you pretty much covered the issue with low interest rates/cheap money.......it leads to reckless fiscal behavior an $37 trillion of debt.
Posted on 4/21/25 at 10:51 pm to SDVTiger
quote:
Its insane Too Late Jerome is gonna cause the recession
Like he did transitory inflation
It is way beyond my poor uneducated country arse how one person (or a few old grey headed farts) have the power to make the decision on interest rates that drive this country to inflation, recession, bull markets, bear markets, etc. etc.
NO ONE SHOULD HAVE THIS MUCH POWER
Posted on 4/22/25 at 5:43 am to oklahogjr
quote:
Rates seem about right honestly
quote:
"Fed cut 50bps in September when stock market at record high, Atlanta Fed was forecasting +3% US GDP growth.
Fed now determined not to cut rates after 20% market plunge, Atlanta Fed forecasting -3% GDP growth" - Bank of America
Posted on 4/22/25 at 5:53 am to BCreed1
What rates?
Mortgage rates havent moved in years, at least according to my bank.
Mortgage rates havent moved in years, at least according to my bank.
Posted on 4/22/25 at 5:54 am to TBoy
quote:
The administration has massively increased taxes on American consumers.
no it hasn't, homo.
Posted on 4/22/25 at 7:04 am to BCreed1
Europe usually has lower interest rates than the US. Even when the Fed sets interest rates low it’s usually lower in Europe. In 2022 Europe’s interest rate was 2.5% and the US was at 3.5%
UK bank rate 4.5%
Last year Germany’s bank rate was 2.35%, last month 2.4%, and now it is 2.74%.
Switzerland bank rate is .25%
Japans interest rate is .5%
UK bank rate 4.5%
Last year Germany’s bank rate was 2.35%, last month 2.4%, and now it is 2.74%.
Switzerland bank rate is .25%
Japans interest rate is .5%
This post was edited on 4/22/25 at 7:05 am
Posted on 4/22/25 at 7:10 am to MizzouBS
quote:
UK bank rate 4.5%
Speaking as someone who's mortgage is up for renewal in 2 months, a surprise drop to 2.5% would be delightful
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