In other words, Trump will not get his 1% cut, and UNANIMOUSLY means; The Fed isn't a one-man show. https://www.cnbc.com/2019/05/01/powell-says-fed-doesnt-see-strong-case-for-rate-cut-or-hike.html
Sounds like stability which is good for markets. If you are rooting against America, sucks to be you...
Considering they're apologists for the terrorists do you really think interest rates would sway them?
good. We have full employment, rising wages (sort of). Tariffs may be limiting our abillty to trade and export. There's no argument for lowered rates besides Trump knowing he's DOA unless people vote just on the econ. And that's not a argument the Fed should "buy."
Nothing will "sway" them. If you beamed one to Utopia, they would still complain. For those of us that live day to day in America on earth, times are much better and we see it in our daily lives.
The left is already DOA with the way they've stonewalled Trump on the border crisis. Remember the silent voters that got Trump the victory? Well they'll be back.
Yup... Democrat illegal immigration platform... Sneak into America Obtain health care and welfare paid for by Americans Vote for anti American globalist Democrats Victimize Americans Get deported from America Repeat....
Does anyone believe Moore is a person of influence, and has the credentials to reverse an unanimous decision?
Not over interest rates. LOL Unless it's because Trump wants people to run up more consumer debt with low interest.
Trump is different because he's doing what he feels is better for the average American living in America. He knows for example, being earth's life raft hurts the poorest Americans most. Democrats step over needy Americans at their expense, to help needy foreign nationals.
We currently have a 3% GDP Growth rate, and a neutral monetary policy, thus, why are they lamenting? What's missing is a "paid-for" trillion dollar infrastructure plan, however, I highly doubt Trump and his Republican Senate would want to raise taxes....."Let's keep mooching off Treasury Notes", they will say.
I think Trump has to get at least some credit for a "neutral monetary policy." I don's see anything wrong with any potus publicly stating he agrees with economists' views that the Fed has been too aggressive in inflation fears. There is some uncertainty about "where did inflation go."? Wage push inflation is nonexistent, even it was every anything but a fantasy by employers to keep wages down. The actual cost of producing **** seems to go down with tech increases. Even the 70-80s recession may have been set off just by OPEC jacking up oil AND RICHARD NIXON using politics to bully a weak Fed Res chairman into letting the oil inflation run unchecked just to buoy Nixon's polls. And that's the issue. As you said, Powell isn't TOTALLY cowing down for Trump. Powell is not lowering rates and he's not starting more QE as Trump wants. Among the posters here, I wonder how many were bitching about QE when a dem was potus. BUT Powell has stopped selling off bonds from the feds' holdings. AND THAT IS BOWING to pol pressure, because it means THE FED is financing the tax cut. AND THAT IS NOT THE FEDS' JOB
