General Discussion

Fiendish Thingy

(19,023 posts)

2. Powell announced last week there will be few, if any, rate cuts in 2025

Mon Dec 23, 2024, 09:56 AM

Dec 23

That’s partly why the markets declined (before recovering on Friday).

Can you describe how Powell could be fired?

In any case, a Trump lackey at the Fed cutting rates during inflationary conditions would send the economy into recession just in time for the midterms.

Your comment about rates under Powell being at a “two decade high” is misleading, considering that during those two decades, there was a global financial crisis and a pandemic sending rates to record lows.

It would have been more accurate and honest to say rates under Powell were below the eight decade average.

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My Prediction On The Fed & Interest Rates [View all] gab13by13 Dec 23 OP

But it isn't inflation... Think. Again. Dec 23 #1

Powell announced last week there will be few, if any, rate cuts in 2025 Fiendish Thingy Dec 23 #2

President Musk will make Powell an offer he can't refuse. gab13by13 Dec 23 #4

cutting rates would be unlikely to cause a recession, but it certainly would reignite inflation, especially with tariffs unblock Dec 23 #6

Low rates trigger High inflation, which lowers demand Fiendish Thingy Dec 23 #7

well, it gets a little complicated.... unblock Dec 23 #11

I think Powell knows full well that Trump Johonny Dec 23 #8

I think the OPs analysis is pretty good except they won't be able to fire JohnSJ Dec 23 #3

his term are chair expires may 2026. if donnie isn't happy with what he does in 2025, he can just wait until then. unblock Dec 23 #5

Am I wrong or does the Federal Open Market Committee vote on these rate changes? House of Roberts Dec 23 #9

Part of the troubles are with UpInArms Dec 23 #10

My financial advisors think Trump is mostly talk and no action. yardwork Dec 23 #12