Jay Powell and the Federal Reserve Fail Again. No “guts,” no sense, no vision! A terrible communicator!

just keep twumping. I will keep making money

He deseprately needs a boost to his election campaign lots of free money so when it crashes after he'll blame the Fed anyway it'll never be his fault. If it's all so good why does he need cuts, why does he need QE, why does he need tax cuts when markets are around all time record highs?

Hehe.. Should things go as they are... Trump will press them knee on the neck by the end of OCT
But I give glory to them to resist the pressure... I agree that no cut is much better for them in the longrun...
I also understand Trump that he needs some TURBO NITRO mode to boost economy to brag about it in the debates

Trump is mad.
😱👏👏👏

Why don't they remove him for that???

Duhhhh.🐒

eventually they'll QE apparently it is happening already behind the scenes so USD will top soon

The Fed are providing liquidity (liquidity shortage) but they're saying it is only temporary we'll see:

"Let me say a few words about our monetary policy operations. Pressures in money markets were elevated this week and the effective federal funds rate rose above the top of its target range yesterday. While these issues are important for market functioning and market participants, they have no implications for the economy or the stance of monetary policy.

This upward pressure emerged as funds flowed from the private sector to the treasury to meet corporate tax payments and settled treasury securities. To counter these pressures, we conducted overnight repurchase operations yesterday and again today. These temporary operations were effective in relieving funding pressures and we expect the federal funds rate to move back into the target range.

In addition, as we've done in the past, we made a technical adjustment to the interest rate paid on requiring excess reserve balances, setting it 20 basis points below the top of the target range for the federal funds rate. In related action, we also adjusted the rate on the overnight repurchase facility to five basis points below the bottom of the target range. We'll continue to monitor market developments and conduct operations as necessary, to foster trading in the federal funds market at rates within the target range."

USD will UP or down?

Trump fot gut to missile Iran.

LOL...

Short term up, long term down

Trump is sitting on a toilet somewhere tweeting while taking a dump.

i know it you dumb trump when you get happy last time stupid fellow powell know better than you about economy

ya and he dont get pressure now because of powell speech so that he frustered