FED Holds Steady

[Terrel L. Shields]

Just clearly the evidence is to lower rates, Powell just spit in the face of Trump and most economists by holding rates steady. He is hoping he can create a downturn. He needs removed or the FED needs to be ended.

 

[glenn walker]

He's a Anti Trump guy and he wants to crash the residential real estate markets.

There's no choice now but the Nuclear one which is to fire him and let the chips fall because in my opinion Wall Street and the Banks and Main Street all hate him.

 

[Fernando]

Trump shouldn't have met Powell in person.
Powell had to show market his independence and not lower rate as expected from Trump. This is all Trump's fault.

 

[Dublin ohio]

Trump shouldn't have met Powell in person.
Powell had to show market his independence and not lower rate as expected from Trump. This is all Trump's fault.

So Powell is making decisions based on feelz instead of facts? Just what you need in a Fed chairman. Trump isn't the only one that thinks rates should be dropped. There were some inside the Fed that disagreed with Powell

 

[Fernando]

So Powell is making decisions based on feelz instead of facts? Just what you need in a Fed chairman. Trump isn't the only one that thinks rates should be dropped. There were some inside the Fed that disagreed with Powell

Again, Powell had no choice but not to decrease rate since Trump wanted it. Trump should just shut up.
Powell had to show the FED is independent from Trump.

 

[Tim Hicks (Texas)]

Trump shouldn't have met Powell in person.
Powell had to show market his independence and not lower rate as expected from Trump. This is all Trump's fault.

I was thinking it was Fernando's fault.

 

[Charles West]

The last time there was dissention amounst Fed governors was in 1986 when Volker nearly resigned. He relented a week later and the market got it's rate cut. We will see how long Powell can resist.

 

[glenn walker]

Yeah he should resign with dignity and let somebody who know how to get things done do the job. Nobody's got confidence in this loser. Just his F up the remodel on the Fed Buildings tells you everything you need to know. He doesn't have a clue.

 

[Charles West]

Yeah he should resign with dignity and let somebody who know how to get things done do the job. Nobody's got confidence in this loser. Just his F up the remodel on the Fed Buildings tells you everything you need to know. He doesn't have a clue.

They are building an underground parking garage due to height restrictions, but they are doing so below the water table. What could go wrong?

 

[John Hassler]

Just clearly the evidence is to lower rates, Powell just spit in the face of Trump and most economists by holding rates steady. He is hoping he can create a downturn. He needs removed or the FED needs to be ended.

Please post this ‘clear evidence’ to lower rates.

Taco Boy’s economic policies are chaotic. Holding steady on rates is the rational position to take given the high likelihood of inflation in the near future.