Powell says tariff inflation 'could be more persistent' as Trump urges him to cut rates
https://finance.yahoo.com/news/powell-says-tariff-inflation-could-be-more-persistent-as-trump-urges-him-to-cut-rates-152503593.html
https://finance.yahoo.com/news/powell-says-tariff-inflation-could-be-more-persistent-as-trump-urges-him-to-cut-rates-152503593.html
Comments
Tomorrow is supposed to be the BIGGEST protest with over 1000 cities participating. If there is a city hall close to yours, there should be a protest going on
If you'd ever wondered what you would do during the Holocaust, civil rights movement, slavery.. you're are doing it now
Trump will try to pull that move and install a loyalist.
We'll see how that goes.
trump plays golf and tries to strong arm a true patriot doing his job.
trump should be hanged for treason.
Powell bitch slaps the orange plague and stands his ground.
trump is shit.
Same rules, mf. Same rules.
How did you come up with the number?
Rates to 0. Infinite inflation. Prepare to bring a wheelbarrow of money to pay for a cookie.
It would take 5 years of Tarrifs to match this Bounty
Question, "How does raising rates lower tariff inflation?" Answer, "It doesn't." But it does accelerate the downturn. We'll see how long before another QE floats more investors. The Fed is dangerous.