Trump has openly stated that he wants more control over the Fed and he is not a

Sep 19, 2024
4:07:19pm

Ycrazy All-American

fan of Powell. So by cutting he boosts the stock market and Harris can run around saying we are lowering rates and economy is booming ect we need to stay the course. So he is helping Harris and trying to keep his job / power safe from DJT.

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Ycrazy

Bio page: Ycrazy
Joined: Apr 14, 2011
Last login: Sep 19, 2024
Total posts: 9,070 (7 FO)

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Messages

Author

Time

Dow and S&P have closed at record highs. Mortgage rates are coming down. Gotta

Nikomedes

3:27pm

Probably a good time to sell

Chester Copperpot

3:28pm

Yep. They always cut rates because things are going well.

Niiineteeen84

3:35pm

I wanted someone to ask Powell if the economy is tanking or are you being

Ycrazy

3:39pm

Always looks great before it doesn't.

BYU71

3:42pm

Fed previously said it was holding rates until some economic markers were met. Yet, that doesn’t seem to be why they

BW84

3:48pm

As I posted earlier earlier, I think the opposite I’m bracing for recession

johnnybyu

3:58pm

Explain how it's political...

Blueto

4:05pm

Trump has openly stated that he wants more control over the Fed and he is not a

Ycrazy

4:07pm

Great idea to have a real estate mogul have more say on fiscal policy / interest

ForzaPuma

4:19pm

I agree I want the FED as independent as possible, but that was not the question

Ycrazy

4:29pm

Um... but what about them exclusively raising the rate during this entire

Blueto

4:44pm

Because inflation was at 9%. You have to still do your job. I am not saying

Ycrazy

4:55pm

RE: Because inflation was at 9%. You have to still do your job. I am not

Blueto

5:06pm

Because letting 9% inflation continue would be a good political move?

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