And now it’s Powell cutting interest rates to help Biden.
by IAND75 (2024-02-02 10:23:34)

In reply to: In the MAGA world and even cropping up in the less crazy  posted by ACross

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“I think he’s going to do something to probably help the Democrats, I think, if he lowers interest rates,” Trump said in an interview with Fox News Business Network’s “Mornings with Maria” that will air Sunday.

“It looks to me like he’s trying to lower interest rates for the sake of maybe getting people elected, I don’t know,” he added.


The conclusion to draw from that is that Powell should keep rates high so the economy (i.e.everyday Americans) suffers in order to assist Trump’s candidacy. Just like not passing immigration bills.



He did it for Trump too
by DBCooper  (2024-02-02 16:01:15)     cannot delete  |  Edit  |  Return to Board  |  Ignore Poster   |   Highlight Poster  |   Cannot reply

Nice guy

Trump went after Powell publicly
by AquinasDomer  (2024-02-02 18:16:01)     cannot delete  |  Edit  |  Return to Board  |  Ignore Poster   |   Highlight Poster  |   Cannot reply

And demanded negative interest rates before the cutting cycle.

Trump really has no shame.
Every accusation is a confession.
by Revue Party  (2024-02-02 11:47:56)     cannot delete  |  Edit  |  Return to Board  |  Ignore Poster   |   Highlight Poster  |   Cannot reply

He'd totally pressure the Fed to help him with re-election, even if it hurt the US economy.

Actually he did, vociferously, in 2020. *
by ufl  (2024-02-02 16:19:02)     cannot delete  |  Edit  |  Return to Board  |  Ignore Poster   |   Highlight Poster  |   Cannot reply

He added a 3rd mandate to the Fed: Inflation, Unemployment,
by Queensman  (2024-02-02 16:22:28)     cannot delete  |  Edit  |  Return to Board  |  Ignore Poster   |   Highlight Poster  |   Cannot reply

...Stock Market.