Trump: Fed rate is at least 3 points too high, lower the rate!

Trump: tariffs on, big!
Powell: we have to wait for tariff effects
Trump: tariffs on hold ,cut now!
Powell: we have to wait for the tariff effects once they work their way through the system at whatever % they will be and when because we think they will cause inflation when implemenrted
Trump: big tariffs back on in July we have no inflation, cut now!
Powell: we still don't know when tariffs will be implemented and what the percentages/impact to inflation will be
Trump: we are high by 1-2 points, cut now!
Powell: we are still waiting to see the size/scope of tariffs and their impact to inflation if I implemented as proposed
Trump: there is no inflation! We are 3 points too high. Costing us trillions.....oh, and by the way, tariffs go from 10% to 35% on August first.....but cut now!!!
Powell: we still have no idea on the size/scope/timing of tariff implementation and how that will impact inflation/the job market

Anyone else see a pattern here???

No cut in July. September will likely require SOME action/plan, but who knows what the tariff situation will be at that time

Musk's America Party idea is his best in a while. Both the Democrats and Republicans are now parodies of themselves and a paralytic effect on real progress. Donald Trump is going to die (I feel pretty safe in this prediction) and the GOP will be a mess after he's gone. The America Party could poach voters from all parts of the political spectrum, but probably mostly from the Right. We'll see who Musk finds to actually run for office somewhere. He certainly has the money to do some interesting things.

It’s harassment. Of course if done by the president then most media outlets are afraid to call it out because of potential repercussions and litigation .

When did the US become autocratic ?

Maybe that third party system might be a good idea for checks and balances .

The tariff play is not going so well. I expect Trump will take drastic measures to remove or demote Powell, if there is no cut at the July FOMC.

The man knows his plan is falling of ,and so cannot fulfill his promise, but would not want to go down alone, sorry JP , you are the low hanging fruit to heap the blame on. Good leaders don't blame anyone, but take responsibility

If Trump does something drastic, like removing JPow before his due date, what do you think the markets will do in response?

nope

What's the over/under on a "we are at least 4 points too high!!!" before the September meeting?

What a brilliant situation he has put Powell in -- any cut now looks like undermining Fed independence. Less likely to cut now

Trump constantly calling for Powell to be removed is having the opposite of its intended effect, why would he listen to you when you are calling him names and saying you're going to fire him?

Trump's foot is no longer being pressed.

haha

I would like to see a debate between Powell and Trump where Jerome talks to him about numbers and economics and puts Trump in his place, even making him look ridiculous... because he is definitely a spoiled brat.

facts

Nothing. Powell is replaceable just like anyone. If that happens, the next one will just start cutting rates.

Well, it wouldn't of cost you 360B $ a year if you weren't giving a green light for a helicopter money during the convid, would it? Fed wouldn't have had to hike rates if there was no helicopter money/high inflation. Also, the Fed needs to hike rates, because the purchasing power of the USD is miserable! If it weren't for the gang at LBMA and Comex constantly rigging the price of gold and silver, the USD would have been dead already. Both the Fed and you fuc'ing suck!

taco man . i am waiting for 7 countries tariffs !!!

The man has no shame

really?

POWEL MIND VOICE: We waiting for the data

Be like clever countries. Don't re-finance. It's not like you are ever gunna repay the debt, so who cares?

Why hottest country in the world why not in the universe?

when will this guy stop yakking?

The dude is a dribbling mess. Never seen a grown man cry like a baby so much.. Bet he was a bottle baby..

it's funny reading all you guys bitching about DT, personally I make money either way the market goes, I am a trader. I don't know why you guys don't know how to trade it, it's perfect