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Started By
Message
Rate Hike Incoming
Posted on 9/10/26 at 8:24 am
Posted on 9/10/26 at 8:24 am
How long before Trump throws his hand picked Powell replacement under the bus when the fed raises rates within the next month or two?
LINK
quote:
U.S. wholesale prices rose in August, according to a report Thursday that could play a key role in the Federal Reserve’s upcoming interest rate decision.
The producer price index, a measure of final-demand costs for goods and services, increased a seasonally adjusted 0.4% for the month, in line with the Dow Jones consensus, the Bureau of Labor Statistics reported Thursday.
On an annual basis, that put PPI at 5.4%, still well above the Fed’s 2% inflation target and 0.1 percentage point higher than expected. PPI rose 0.1% in July, a slight upward revision from the original estimate of no change.
LINK
Posted on 9/10/26 at 8:28 am to Lsut81
Quite uplifting take
Posted on 9/10/26 at 8:28 am to Lsut81
Now imagine how bad it will be if Trump gives everyone an insane inflation-causing $5K
Posted on 9/10/26 at 8:30 am to Lsut81
Will they raise?
Or hold steady?
And what will they do a year from now? That’s the big question.
Or hold steady?
And what will they do a year from now? That’s the big question.
Posted on 9/10/26 at 8:31 am to stout
quote:
Now imagine how bad it will be if Trump gives everyone an insane inflation-causing $5K
Republicans have virtually no shot to hold the house. So its not going to happen. He probably wouldn't do it even if they did hold the house and senate, pissing off everyone more.
We're more likely to see some type of vengeance attempt to levy extra taxes against blue states after the mid term.
Posted on 9/10/26 at 8:33 am to Lsut81
Bond market is exploding.
They will have to raise
CPI out tomorrow
100$ oil
They will have to raise
CPI out tomorrow
100$ oil
Posted on 9/10/26 at 8:34 am to stout
quote:
Now imagine how bad it will be if Trump gives everyone an insane inflation-causing $5K
You mean printing 1.5T won't lower inflation.... say wah?
Posted on 9/10/26 at 8:41 am to Lsut81
quote:Too Late Warsh™ incoming. Wonder what happend to our 15% GDP growth?
How long before Trump throws his hand picked Powell replacement under the bus when the fed raises rates within the next month or two?
quote:
Trump: “But I think we are going to do something that’s really spectacular. We should be at 15 percent. If our new head of the Fed, and I think he’s going to be great, he’s a really high-quality person, but if he does the job he’s capable, we can grow at 15 percent. I think more than that.”
Posted on 9/10/26 at 8:43 am to stout
quote:And don't forget those $9000 checks for stay at home parents.
Now imagine how bad it will be if Trump gives everyone an insane inflation-causing $5K
Posted on 9/10/26 at 8:45 am to Lsut81
quote:
You mean printing 1.5T won't lower inflation.... say wah?
Lolololol!
Posted on 9/10/26 at 8:46 am to Taxing Authority
quote:
And don't forget those $9000 checks for stay at home parents.
Not excusing the stupidity of this, but in a slight defense... "supposedly" that is money already allocated somewhere they are going to divert.
Whether thats true or not, who knows.
Posted on 9/10/26 at 8:51 am to stout
quote:
Now imagine how bad it will be if Trump gives everyone an insane inflation-causing $5K
Luckily we all know he's lying about that, too.
Posted on 9/10/26 at 8:51 am to Lsut81
quote:As long as we have a $2 Trillion deficit... it doesn't matter if it's shifted. We need to be cutting spending. Period.
Not excusing the stupidity of this, but in a slight defense... "supposedly" that is money already allocated somewhere they are going to divert.
And the second problem government teet programs always grow and get more expensive with time. "It's only a 1% tax on a few rich people" was how we were sold Social Security. Now it's voer 1/2 of our government's spending.
This post was edited on 9/10/26 at 8:54 am
Posted on 9/10/26 at 8:54 am to stout
quote:
Now imagine how bad it will be if Trump gives everyone an insane inflation-causing $5K
I've lost track of all the checks Trump is going to send out. First it was DOGE checks, then Tariff checks, now its $5k checks for voting?
Posted on 9/10/26 at 8:55 am to Taxing Authority
quote:
As long as we have a $2 Trillion deficit... it doesn't matter if it's shifted. We need to be cutting spending. Period.
Oh I agree, wish we'd burn a shite ton more down to the ground... Trump needs to go back to early 2025 and the de-reg and govt cutting.
Posted on 9/10/26 at 8:57 am to Lsut81
quote:
Trump needs to go back to
Pre covid spending levels would be a huge first step. He won't do it though because at heart he is a New York City Democrat.
Posted on 9/10/26 at 8:57 am to Lsut81
quote:
Trump needs to go back to early 2025 and the de-reg and govt cutting.
Posted on 9/10/26 at 8:58 am to LuckyTiger
A year from now doesnt look great with all the impeachment hearing the Dems will have lined up by then. This war lost Trumps second term. but hey Iran wont have a nuclear weapon for a while that they werent ever going to use anyway.
Posted on 9/10/26 at 9:04 am to Robcrzy
quote:
A year from now doesnt look great with all the impeachment hearing the Dems will have lined up by then.
Who fricking cares about impeachment hearings? They don't have the 2/3 to remove him and they aren't going to pass anything Trump wants anyway.
quote:
This war lost Trumps second term
Still to be seen, but if the Repubs lose in November, this is 100% the cause.
Posted on 9/10/26 at 9:08 am to ronricks
quote:
I've lost track of all the checks Trump is going to send out. First it was DOGE checks, then Tariff checks, now its $5k checks for voting?
Sounds about right.
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