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Started By
Message
Will Jerome Powell keep interest rates low
Posted on 2/25/21 at 4:08 pm
Posted on 2/25/21 at 4:08 pm
Simply because Biden is in office?
In other words, will he ignore what must be done, when it needs to be done, simply because he’s another swamp sycophant?
In other words, will he ignore what must be done, when it needs to be done, simply because he’s another swamp sycophant?
2
Posted on 2/25/21 at 4:10 pm to Padme
quote:
Will Jerome Powell keep interest rates low
Yes. He has already stated that they are prepared to allow inflation to go a bit higher than the targeted 2% because it has been so low for so long. Also, because the Unemployment Rate of the lowest Quartile is ~25%.
quote:
Simply because Biden is in office?
No
Posted on 2/25/21 at 4:13 pm to Padme
quote:
Simply because Biden is in office?
In other words, will he ignore what must be done, when it needs to be done, simply because he’s another swamp sycophant?
Not because of Biden, to get the economy going again. At least you'd hope so.
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