Fed's Logan: I would've preferred to hold rates steady this week | Metals Mine
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  • Logan: Ample liquidity for a safe and efficient banking system

    From dallasfed.org

    Good morning. Thank you all for joining us again today. Yesterday’s discussions were so enriching, and I’m excited to build on them this morning. As you know, the Federal Open Market Committee (FOMC) reduced interest rates earlier this week and announced it would end the runoff of the Fed’s asset holdings as of Dec. 1. In my remarks this morning, I’ll discuss the stance of monetary policy. I’ll then turn to the topic of this conference and describe how the Fed’s balance sheet fosters a safe and efficient liquidity environment for the U.S. banking system. These are my views and not necessarily those of my ... (full story)

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Schultz
Oct 31, 2025 10:14am
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So I just read President Logan's rather lengthy speech.

She makes more sense in one syllable than that Miran does in his pages of random scrambled words spat out by an AI powered gibberish generator.
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Momofrmnyc
Oct 31, 2025 9:14am
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Quoting mcsilver
Meanwhile lower (more moderate) interest rates help American businesses (more jobs, more production) and help the housing market. In other words they help the American people, yet they will continuously claim that low interest rates will cause spending to exceed the economy's ability to supply goods and services, driving up prices. The whole reason Americans voted the Trumpster in was to bring America back to being solvent and productive. He has and continues to bring manufacturing back, and the higher Fed rates have stifled these efforts for way...
Manufacturing would be fine and dandy if that was America's bread and butter when it comes to its economy. Unless manufacturing could exceed consumer spending in America (which it can't that's pretty obvious) it'll never be the MAIN DRIVER of the American economy.

You mentioned stagnated economies of Obama and Biden but the American GDP has continuously increased since 2000.

Let's use some actual data though since I was intrigued by your statement and found a few sources but this one in particular is from Nasdaq.

Bill Clinton (1993-2001)
GDP growth: 0.3%
Unemployment rate: 4.2%
Inflation rate: 3.7%
Poverty rate: 11.3%
Real disposable income per capita: $34,216

George W. Bush (2001-09)
GDP growth: -1.2%
Unemployment rate: 7.8%
Inflation rate: 0.0%
Poverty rate: 13.2%
Real disposable income per capita: $37,814

Barack Obama (2009-17)
GDP growth: 1.0%
Unemployment rate: 4.7%
Inflation rate: 2.5%
Poverty rate: 14%
Real disposable income per capita: $42,914

Donald Trump (2017-21)
GDP growth: 2.6%
Unemployment rate: 6.4%
Inflation rate: 1.4%
Poverty rate: 11.90%
Real disposable income per capita: $48,286

Joe Biden (2021-25)
GDP growth: 3.2%
Unemployment rate: 4.8%
Inflation rate: 5.0%
Poverty rate: 12.4%
Real disposable income per capita: $51,822

I wonder why you didn't mention Bush's economy?
mcsilver
Oct 31, 2025 8:46am
Permalink
Meanwhile lower (more moderate) interest rates help American businesses (more jobs, more production) and help the housing market. In other words they help the American people, yet they will continuously claim that low interest rates will cause spending to exceed the economy's ability to supply goods and services, driving up prices. The whole reason Americans voted the Trumpster in was to bring America back to being solvent and productive. He has and continues to bring manufacturing back, and the higher Fed rates have stifled these efforts for way too long. Someone will twist a narrative against this I am sure and suggest we go back to the choking and stagnated economies of Obama or Biden.
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Trader#B5AA
Oct 31, 2025 10:42am
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The hillbilly redneck yokels (MAGA) want jobs. The only jobs they are capable of doing are shitty low-skilled low-paid manufacturing jobs. Trump has said/rambled numerous times that POOR PEOPLE LIKE WORKING IN FACTORIES. His exact words, not mine. Trump will have ya'll drinking the sweat off his nutsack before too long. And you'll get 4 more years ! ! ! !
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Trader#1EC0
Oct 31, 2025 10:39am
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Logan can’t vote, all of these statements are irrelevant.
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