Powell doesn't have a lot of options until 1 of 2 things happen. 1. The Federal Government needs to cut spending. 2. The Federal Government needs to increase domestic energy production.
Maybe the billions of dollars being given to radical organizations and other countries should be given back to the American ppl . The prices are up higher than ever b4 😮
The Fed was too slow in raising rates years ago, and has been too slow lowering rates now. Congress needs to take a real look at what it is about the Fed that makes it so slow to learn. It was obvious as far back as 2014/2015 that rates needed to be raised. Not a lot, but keeping them at basically 0 for over a decade was simply foolish, and is the true root cause of the recent inflation. It has also been clear for probably at least a year now that increases should have stopped, and at least small reductions should have been made. The Fed should have lowered its benchmark rate by .5% this week, and signaled that another cut would be likely in September. Not announcing a rate cut at the meeting this week was just plain obstinance. The economy and the country will pay the price.
Powell has enormous self restraint and discretion. Those 2 qualities are SORELY LACKING in our culture now. Wish more people had the discipline he has.
Powell doesn't have a lot of options until 1 of 2 things happen.
1. The Federal Government needs to cut spending.
2. The Federal Government needs to increase domestic energy production.
Only reason they are cutting it is a election year
Bingo
Maybe the billions of dollars being given to radical organizations and other countries should be given back to the American ppl . The prices are up higher than ever b4 😮
Trump we need you need to come back
Went to Micky D's today for breakfast Mc muffin meal $13.00 help me to make it make sense. We can't afford THE DDEP STATE they got to go.
Too little too late!
Inflation was 11 % in 2022
They NEED to go!!! Trump 2024
Liars
Does everybody lie.
Trump was potus 30 a barrel for oil. Biden 130 a barrel as he took office.
The Fed was too slow in raising rates years ago, and has been too slow lowering rates now. Congress needs to take a real look at what it is about the Fed that makes it so slow to learn. It was obvious as far back as 2014/2015 that rates needed to be raised. Not a lot, but keeping them at basically 0 for over a decade was simply foolish, and is the true root cause of the recent inflation. It has also been clear for probably at least a year now that increases should have stopped, and at least small reductions should have been made. The Fed should have lowered its benchmark rate by .5% this week, and signaled that another cut would be likely in September. Not announcing a rate cut at the meeting this week was just plain obstinance. The economy and the country will pay the price.
What a funny farm we live in
He is a polished grifter.
Liars and deceivers.
This guy is FOS just like all other 3 letter gov entities
Powell has enormous self restraint and discretion. Those 2 qualities are SORELY LACKING in our culture now. Wish more people had the discipline he has.