4 hours ago, FriscoKid said:

Completely untrue. Trump is pushing Powell as hard as he can on this, but to no avail and would prefer to fire him:

 

The ECB is expected to cut interest rates for the 7th time, and yet, “Too Late” Jerome Powell of the Fed, who is always TOO LATE AND WRONG, yesterday issued a report which was another, and typical, complete “mess!” Oil prices are down, groceries (even eggs!) are down, and the USA is getting RICH ON TARIFFS. Too Late should have lowered Interest Rates, like the ECB, long ago, but he should certainly lower them now. Powell’s termination cannot come fast enough!

 

https://truthsocial.com/@realDonaldTrump/114352766082542122

https://www.marketwatch.com/story/trump-is-furious-that-fed-wont-cut-interest-rates-like-ecb-heres-why-powell-wont-budge-162dfdaa

 

https://www.marketwatch.com/story/if-trump-fires-powell-it-would-blindside-wall-street-and-rattle-financial-markets-4b21833c

 

 

Political theater.  And apparently, you fell for it.  

 

If necessary, the Fed will step in to prevent a credit freeze. Fed officials have publicly stated as much on recent occasions.  Just the other day, one of the Fed governors said so, on the record.  I could look it up, but I'm sure you can find it.

 

Trump may be posturing for an immediate lowering of interest rates, but it's all a great game.  

 

Don't forget the context. Trump ran on a promise of a strong dollar and the maintenance of the US dollar as the world reserve currency.  Is that posture compatible with a lowering of interest rates and the continued destruction of the dollar?  Of course not.  So they play a game.  Powell pretends to care, Tump pretends to be outraged, and the media propaganda machine runs with the story, gleefully proclaiming that Trump is failing.

 

And yet no one stops to ask what happens if he does fail.

 

The reality is a different matter entirely. Given the current macroeconomic environment, the recent capital outflows from the US markets, including the stock and bond markets, Trump won't have to wait too long for his interest rate cuts.  Either the Fed steps in and buys it all, as necessary, or, the market freezes up and the world economy crashes.  And if you think the Fed will choose the later option, I have to ask, what you're smoking?

It's not going to happen.  

 

Of course, there is a breaking point. Lowering interest rates and printing money only works until such time as it doesn't.  And then it's game over.  You don't want to be around when that happens, especially if you live in a civilized Western nation.  

China Returns Boeing Jets, Report Says. It’s a Headwind for the Stock.

 

https://www.barrons.com/articles/boeing-stock-price-china-jets-c2b1bef2

 

China recently returned three 737 MAX jets from the Zhoushan completion center to Seattle, according to the Air Current. Boeing declined to comment.

1 hour ago, jas007 said:

Political theater.  And apparently, you fell for it.  

 

If necessary, the Fed will step in to prevent a credit freeze. Fed officials have publicly stated as much on recent occasions.  Just the other day, one of the Fed governors said so, on the record.  I could look it up, but I'm sure you can find it.

 

Trump may be posturing for an immediate lowering of interest rates, but it's all a great game.  

 

Don't forget the context. Trump ran on a promise of a strong dollar and the maintenance of the US dollar as the world reserve currency.  Is that posture compatible with a lowering of interest rates and the continued destruction of the dollar?  Of course not.  So they play a game.  Powell pretends to care, Tump pretends to be outraged, and the media propaganda machine runs with the story, gleefully proclaiming that Trump is failing.

 

Because if there's one thing Trump has demonstrated, it's his command of economic theory. There's also his love of facts.

🇺🇸 Key points from Powell's speech.

Economics

The Fed is well positioned to wait for greater clarity before considering any changes to its monetary policy.

The US economy remains "solid" despite growing uncertainty and downside risks.

Growth likely slowed in the first quarter of 2025, following the strong pace of the previous year.

The administration's policies are still being developed, and their effects remain highly uncertain.

So far, higher-than-expected tariffs likely lead to higher inflation and weaker growth.

The economic impact of tariffs appears larger than anticipated.

These policies could push the Fed further away from its economic objectives.

The tariffs applied exceed even the Fed's most pessimistic scenarios.

The Fed's role is to ensure that these tariffs only cause a temporary increase in prices.

The tariff shock puts upward pressure on unemployment and inflation.

Markets continue to function normally.

They remain orderly and are evolving as expected.

Partial deleveraging is underway at some hedge funds.

Market volatility could persist.

The US federal debt is on an unsustainable path, although it is not yet at an unsustainable level.

The Fed reaffirms that it will not be influenced by political pressures.

5 hours ago, jas007 said:

Political theater.  And apparently, you fell for it.  

 

If necessary, the Fed will step in to prevent a credit freeze. Fed officials have publicly stated as much on recent occasions.  Just the other day, one of the Fed governors said so, on the record.  I could look it up, but I'm sure you can find it.

 

Trump may be posturing for an immediate lowering of interest rates, but it's all a great game.  

 

Don't forget the context. Trump ran on a promise of a strong dollar and the maintenance of the US dollar as the world reserve currency.  Is that posture compatible with a lowering of interest rates and the continued destruction of the dollar?  Of course not.  So they play a game.  Powell pretends to care, Tump pretends to be outraged, and the media propaganda machine runs with the story, gleefully proclaiming that Trump is failing.

 

And yet no one stops to ask what happens if he does fail.

 

The reality is a different matter entirely. Given the current macroeconomic environment, the recent capital outflows from the US markets, including the stock and bond markets, Trump won't have to wait too long for his interest rate cuts.  Either the Fed steps in and buys it all, as necessary, or, the market freezes up and the world economy crashes.  And if you think the Fed will choose the later option, I have to ask, what you're smoking?

It's not going to happen.  

 

Of course, there is a breaking point. Lowering interest rates and printing money only works until such time as it doesn't.  And then it's game over.  You don't want to be around when that happens, especially if you live in a civilized Western nation.  

Just to clarify, it seems that your political views are shaped more by how you wish the world to be than by how it actually is. After reading several of your earlier posts in this discussion, it became clear to me that no amount of evidence or factual information is likely to change your perspective. Because of that, I stopped reading your replies about five pages ago.

 

I understand that you’re responding to a point I just made in response to one of your earlier posts, which is fair enough, but I want to be upfront in saying that I don’t expect your responses to reflect reality in any meaningful way. They appear to be based on a highly skewed interpretation of the facts and often go way off-topic.

 

You’re, of course, free to continue posting as you like, but I won’t be reading or replying any further. I genuinely wish you the best, but it’s evident that your current views have little place in a discussion grounded in facts while you simply ignore the truth.