Monetary Policy

[Charles West]

Powell reiterated he expects higher inflation from tariff policy even though there isn't any evidence yet to support the hypothesis. M2 has been flat, the money printers are silent, yet he expects inflation anyway. Go figure.

 

[TerryRohrer]

Mid-terms are coming.

 

[Charles West]

So far, it looks like Democrats are going to get creamed again; their polls are at historically low ebbs.

 

[Elliott]

I would say that Powell's credibility is approaching zero based on The Fed's interpretation of current data, saying they are data dependent and then he says they have to be 'forward looking.' The Fed mandate seems to be keeping rates high, hurt small business and less affluent consumers, weaken the dollar, put more debt on taxpayers, and to body-block Trump's economic plan for political reasons. : ). Oh, and keep real estate in the doldrums. (I was in an office building today and the very nice corner space on the first floor was vacant where there was a successful Mortgage Company.)

 

[Terrel L. Shields]

Oh, and keep real estate in the doldrums.

I still blame that on prices simply being way too high. Sure at 2.9%, your payment is much less than 6.9% but if prices were not $300k and such for "starter homes"...well, for perspective, New homes when I started this business were running $60,000 for 1,200 SF... $50/SF with the lot. I built my own home for $44/SF on my land. That was in 1991. Same today? Few contractors would blink at asking $200/SF

 

[Charles West]

Real estate accounts for approximately one-third of GDP, and short-term debt tragically needs to be rolled over at precisely the wrong time; however, it is falling on deaf ears because Powell appears to believe he is in charge of the overall economy.

 

[Fernando]

MSN

Fed interest rate cut decision resets forecasts for the rest of this year​

The Federal Reserve Board kept interest rates steady today.

The FOMC last cut the Federal Funds Rate in December 2024.

NO CUT SINCE TRUMP CAME INTO OFFICE. THANKS TRUMP.

 

[Bobby Bucks]

Powell is owned and controlled by the criminal central banks. He hates Bitcoin and wants to force a big brother type central bank digital currency on us. He should be put on trial. The federal reserve isn’t federal and there is no reserve, just a printing press.

 

[Fernando]

Powell gets more privy information than we do and has forte to decide what's best in deciding monetary policy.
How do we get to criticize including Trump.
MAGAs always think they know better. Dumb MAGAs.

 

[Bobby Bucks]

Peter Schiff and Bill Pulte are ripping Powell to shreds on X for gross incompetence. It’s obvious Powell is playing politics and intends to harm the US economy to embarrass Trump and enrich the central banks.