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FED pauses rate cuts, take less optimistic view of the economic future under Donny’s poor leadership

Discussion in 'Too Hot for Swamp Gas' started by WarDamnGator, Jan 29, 2025 at 2:35 PM.

  1. WarDamnGator

    WarDamnGator GC Hall of Fame

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  2. VAg8r1

    VAg8r1 GC Hall of Fame

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    If he hasn't already done so Donnie is really going to attack Jay Powell although I'm sure that Powell already anticipated being attacked by the Dear Leader. Implicit in Powell's decision is the anticipation that Donnie's policies especially his threat to impose tariffs are likely to reignite inflation.
     
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  3. hhpgator

    hhpgator GC Hall of Fame

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    Yep, pretty predictable after round one.
     
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  4. WarDamnGator

    WarDamnGator GC Hall of Fame

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    Powell, who was a Trump appointment, said he will remain impartial, do what's best for the country, and that he can't be fired. I bet that last part is going to be tested.
     
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  5. WarDamnGator

    WarDamnGator GC Hall of Fame

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    As predicted, poor old man Donny is having a meltdown.

    “Because Jay Powell and the Fed failed to stop the problem they created with Inflation, I will do it by unleashing American Energy production, slashing Regulation, rebalancing International Trade, and reigniting American Manufacturing,” he wrote on his Truth Social platform, referring to Federal Reserve Chair Jerome Powell.

    “If the Fed had spent less time on DEI, gender ideology, ‘green’ energy, and fake climate change, Inflation would never have been a problem,” he said.

    Jay Powell is like ... I don't care what he says, we will continue to do our jobs. Good for him.

    January 2025 Federal Reserve interest rate decision: No cut after first meeting since Trump's return
     
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  6. PITBOSS

    PITBOSS GC Hall of Fame

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    Dear Leader is not happy. Apparently it’s all because of, yep, DEI

    “Because Jay Powell and the Fed failed to stop the problem they created with Inflation, I will do it by unleashing American Energy production, slashing Regulation, rebalancing International Trade, and reigniting American Manufacturing, but I will do much more than stopping Inflation, I will make our Country financially, and otherwise, powerful again! The Fed has done a terrible job on Bank Regulation. Treasury is going to lead the effort to cut unnecessary Regulation, and will unleash lending for all American people and businesses. If the Fed had spent less time on DEI, gender ideology, “green” energy, and fake climate change, Inflation would never have been a problem. Instead, we suffered from the worst Inflation in the History of our Country!”
     
    Last edited: Jan 30, 2025 at 8:22 PM
  7. sierragator

    sierragator GC Hall of Fame

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    I wonder if he and his family are getting death threats yet.
     
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  8. gator_jo

    gator_jo GC Hall of Fame

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    LOL. Idiot Trump doesn't realize that many of the things he said are actually inflationary.

    And, of course, there's the obvious; the Fed was involved with climate change or green energy?

    What a raging buffoon.