Trump: I will leave rate cut to Warsh during October meeting | Metals Mine

  • Trump: I will leave rate cut to Warsh during October meeting

Added at 12:47pm

Added at 12:58pm

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Vancarbon
2 hr 59 min ago
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Rates will stay the same for at least 3 months imo

The wording will espouse “ looking past short term oil shock “ etc

Rates won’t change ; particularly with this being Warsh first meeting as the new chair
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FlyingTurtle
2 hr 43 min ago
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All one has to do is look at the fed members and see the fed doesn't have the votes for a hike. The only question is how long traders can keep bidding the USD up and never getting a hike. Infinitely? At what point does reality matter?
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Vancarbon
1 hr 51 min ago
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I think we can safely say that it’s a unanimous decision between us 3 , pity we aren’t Fed members
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ffghost
2 hr 14 min ago
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Agreed. If rates are cut soon, it will be for very unexpected (i.e. very bad) reasons
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future911
3 hr ago
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Bro wants rate cuts during elevated inflation and longs equities on beat NFP with Bessent on his side. We are cooked chat
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FlyingTurtle
2 hr 51 min ago
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NFP wasn't that great: just 3 of the same sectors (leisure & hospitality (+70k), government (+52k) and private education and healthcare services (+40K)) saw job growth with the remaining still losing jobs over the last 3 years. Plus NFP is always wrong and will be revised down by 1 million as happens every year (Powell said to subtract 60k from NFP for a clearer picture).

And every spike in oil prices in the past has preceded a recession. Oil prices rise, people can't afford to pay other bills, economy tanks. AI spending is really the only reason we're not already teetering on recession. AI spending is overcapacity which is a bubble that must pop.
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Momofrmnyc
3 hr ago
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This man has a degree in Economics you know. Yet somehow doesn't understand how the economy works.
FlyingTurtle
2 hr 42 min ago
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Evidently there is a difference in earning a degree and daddy buying a degree.
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thesaint9
1 hr 35 min ago
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I think it will stay unchanged for a while, even though it probably needs a rate increase. If he cuts it, it would look so obvious that he is a Trump stooge, especially when the economic numbers do not warrant a rate cut.
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FlyingTurtle
2 hr 40 min ago
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By October Trump will be looking for a way to fire Warsh.
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jasmeetldh
3 hr ago
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The clown didnt post anything today
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lucky23forex
3 hr ago
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On it’s way
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epickrush
3 hr ago
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now please kill all the sellers. Thank You Trump
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Ammar041
3 hr ago
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Why not in June meeting august meeting
Why in October meeting
Drama
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Trader#C2CA
3 hr ago
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What a clown!!!

"I´ll leave to Warsh to put more gasoline on the fire i created!!"
There goes the pseudo-independence he talked about Warsh...

We´ll see how things are in October. As they are going probably worse, much worse....

Iran not solved, probably another thing or 2 he´ll have started to making things worse and mid-terms right around the block and Republican guys losing left and right and he´ll become a sitting duck!!!
His health, mainly his cognitive abilities will have worsened by then, and we´ll have a sick (in all the senses of the word) person running the most powerful country on Earth.
What can go wrong???!!!
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Trader#29D5
2 hr 39 min ago
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BTCUSD is continuing waterfall bearish til 40k strong USD
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KeyurSurelia
2 hr 30 min ago
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Max 49k, it can't fall below that.
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Trader#48AE
2 hr 36 min ago
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"I will leave rate cut to Warsh ( new appointed Fed Chair ) for the month of OCT as per news right.

How the one to deconstruct this statement ?

Is that, in the other meeting will be on "HIM" to decide for the direction of the FED policy in terms of future FED Fund rate and WARSH and other members has no say on the FED Policy??????

If so, US is no more in need of all Board of Governor and other regional president as US President can take this job on and can do very well just like the other good job is doing now.

In fact as orange face many time said he is leading all the world now, why he cant lead the FED ?

He is capable of doing this too.

He know all stuff.

All the world is asking him to lead their countries to .
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Trader#AC2B
3 hr ago
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Shake the candle...
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Trader#5514
2 hr 36 min ago
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Thank you sooo much Trump. We are not worthy of your presence!
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Trader#01C3
2 hr 10 min ago
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If the Tariffs stay, and the war continue, the rates cannot go down you dummy orange man!
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Trader#696C
2 hr 8 min ago
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This fool has started pressuring the new Fed chair, can’t he be human for a moment?
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Trader#2C19
2 hr 7 min ago
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Trump:
I’d like to see domestic oil production exceed 2018-2019 numbers
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