President Trump calls for the Federal Reserve to cut interest rates by “one full point.”

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by ajaanz

17 comments

  2. He’s fucking demented if he thinks that’s a good move. Especially given the shitshow with tariffs and the frail state of the economy rn

  3. His knowledge of economics rivals his ability to speak the truth.

  5. And it’s not the president’s job to set interest rates.

  6. JFC, does this guy even know there are 12 votes on the FOMC for these decisions? He thinks Powell makes the decision on his own by gut feel?

  8. I call for Trump to enter an old folks home to get the care he desperately needs.

  10. How does no one realize that he wants this so he can refinance American debt to save money? Sure that saved money will just go to billionaire tax cuts but the idea to refinance American debt is a good one

  11. He’s gonna send the CA national guard and marines from Camp Pendleton for Powell.

  12. He actually thinks low inflation is a good thing.

    He’s steering us right into a recession

  13. There is no end to the damage this fool seeks to do to our government, our economy, our relationships with our allies. Deploying combat military against civilians. Has only his own narcissistic interests at heart. Thankfully his plans usually fail and this will too. A shitshow every day.

  14. I hope trump is out of office before Powell. (I am aware of their current terms.)

  15. Trump campaigned on reducing prices to pre-pandemic levels. Now he wants to stoke inflation by cutting interest rates. Which is it?

  16. Maybe I’m naive, but this has been on my mind a lot lately. wouldnt cutting rates somewhat with increasing tariffs be a positive?

    Think about this. If it cost more to bring in goods from overseas, let’s promote people expanding and starting business by making borrowing costs less, this would promote growth if done strategically. The federal government would already be taking in more revenue from said tariffs so the loss in interest from these loans would be compensated?

  17. Jerome Powell is an illegal immigrant and should be deported by ICE. You heard it here first. /s

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