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What does Trump do if the FED raises interest rates to try and get in front of inflation
Posted on 11/14/24 at 10:57 am
Posted on 11/14/24 at 10:57 am
That appears to be trending back up?
11
Posted on 11/14/24 at 11:04 am to sidewalkside
They just started cutting in September. There is no way that they admit that they were completely wrong again and start raising rates. Now they might hold off on more cuts for the near term but there is no way that "inflation is transitory" Powell is going to reverse course in less than 4 months.
Posted on 11/14/24 at 11:09 am to sidewalkside
Rates need to be raised.
We had them too low for too long.
Then, the government decides to spend like drunken sailors in combination with that.
We had them too low for too long.
Then, the government decides to spend like drunken sailors in combination with that.
Posted on 11/14/24 at 11:14 am to sidewalkside
Abolish the Federal Reserve
Posted on 11/14/24 at 11:16 am to sidewalkside
I commented on this about a week ago. Interest rates were lowered to help Kamala and reckless. The fed waited too late to raise rates also. Rates should be about 12% in my opinion
Posted on 11/14/24 at 11:18 am to JimEverett
quote:beat me to it.
Fiscal discipline
If the gov't would do it's job, Fed wouldn't have to raise rates and everybody wins.
Posted on 11/14/24 at 11:18 am to sidewalkside
quote:
What does Trump do if the FED raises interest rates to try and get in front of inflation
I just flipped over to MSNBC and they were discussing this. Clearly, he'll have them all arrested. Put into re-education camps and install fellow Stormtroopers. Problem solved.
Posted on 11/14/24 at 11:19 am to mikesliveisacheater
quote:
They just started cutting in September. There is no way that they admit that they were completely wrong again and start raising rates. Now they might hold off on more cuts for the near term but there is no way that "inflation is transitory" Powell is going to reverse course in less than 4 months.
Yellen raised rates 3 times his first 6 months in office trying to cripple the economy that had no inflation concerns in 2016. I put nothing past these hacks, Powell already trial ballooned he may have to adjust police based on the tariffs Biden continued.
Posted on 11/14/24 at 11:19 am to sidewalkside
quote:A one month data point is NOT a trend.
inflation
appears to be trending back up
Posted on 11/14/24 at 11:19 am to sidewalkside
quote:
if the FED raises interest rates to try and get in front of inflation
Abolish it
Posted on 11/14/24 at 11:21 am to LCA131
We are in between a rock and hard place. Raise rates and further stress a weakening economy or lower them and see inflation start going back up. The aforementioned solution is to cut back on government spending immediately and signficantly.
Posted on 11/14/24 at 11:25 am to sidewalkside
They’re the ones who’ve been reducing the rates, so if they change course, Trump has more ammo to ask for them to step aside. They’ve either been doing it right in lowering the rates ( debatable but probably premature ) or lowered them for political reasons (undeniable) ..
Posted on 11/14/24 at 11:26 am to sidewalkside
quote:What would you advise him to do in that situation? What is there to actually "do" in the first place?
What does Trump do if the FED raises interest rates to try and get in front of inflation
Posted on 11/14/24 at 11:27 am to sidewalkside
Maybe not go forward with his inflationary policies. Maybe.
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