WHAT THE FUCK IS THIS DEMOCRAT PIECE OF SHIT DOING JUST LOWER THE RATES WHAT THE FUCK PEOPLES LIVES ARE AT STAKE HERE LITERAL FOREIGN PLANT

Deepstate slaves are still in power even with Biden administration out of office, you still have snakes like this hanging around.

He needs to raise the rates desu

>>60519829 (OP)
Damn Jerome. He's not the hero we want. But the one we need.

He needs to say "I hereby end the FED"

>>60519829 (OP)
He should raise rates back to 5% and keep them there indefinitely

>>60519829 (OP)
what are rates? what matters if he lowers it?

>>60519829 (OP)
>lowers rates
>boomer home owners raise prices in response
The problem is supply is fucked, rates lowering don't matter by design you will never own a home

US needs your $$$ to support Israel for war

stop spending you stupid nigger even though it's literally not your fault i need to control inflation. stay poor, i'll see you next month

>>60519829 (OP)
boring af. The worst FOMC meeting ever.

>>60519915
Supply constraint of housing is a myth. It is remarkably easy to start constructing thousands of new homes if there’s a cultural catalyst. The real is that homes have been monetized with an insane premium above their true utility value, and the boomer generation will fight tooth and nail to preserve it since their net worth is tied up in real estate. Look at Japan as the antithesis of our domestic housing markets.

True chads are buying digital liquid assets like bitcoin that will perform like housing for our generation - except the monetary premium will be near 100% which is ideal for value storage.

Powell is Trump appointed.
Trumps tariff/trade war is why we can’t raise rates. The tariffs are inherently inflationary. Cutting would make every worse.

>>60519951
>The tariffs are inherently inflationary. Cutting would make every worse
explain?

Wouldn't matter what Powell does at this point. He can cut rates but the 10 year yield (what effects housing interest rates) will just steadily creep up anyways. The average person is permanently priced out of housing so we are about to see a dystopian future very alike to Brave New World and maybe Blade Runner since AI is all the rage now and we'll see real life replicants soon enough too.

Covid literally broke this economy, it's exactly everything China wanted. They destroyed the US without firing a single bullet. The worst part is that it's not an overnight collapse so we get the frog in boiling water effect instead.

>>60519992
the economy was going to pop eventually. covid just sped it up.

>>60519946
Sure it's easy but nobody is building, it's an artificial shortage

>>60519951
Evening lying kike

Why is this sub full of poorfags

>>60520113
IKR? Every rich chad knows that higher rates are a good thing.

>>60519846
This. rates need to be much higher.
Not sure what all this "muh rates to high" bullshit is. still a lot of garbage money that needs to be eaten up.

>>60519951
Inflation figured are supposed to measure increases in price originating from money supply increases.
Tariffs don't fit into this category. The guy is a retard and honesty, fuck trump for putting this guy in.

>>60519992
If this were true then the 10year yield would drop due to drop in supply of mortgage bonds.

>>60520123
Garbage money coming from bloated budget.
This isn't capitalism, it's command economy.

>>60520114
Low iq

>>60519992
In Brave New World the economy was perfectly planned and everyone's base needs were met at the sacrifice of cultural and technological advancement... Though that one throwaway gag about leaving the the perfume fountain on and dreading the inevitable bill raised a lot of questions about the economy.

>>60519829 (OP)
rates should be at 7% minimum. debt zombie companies and niggerfaggot tech companies need to be killed. no, i dont want to buy your SaaS pajeet scam fag nonsense -- get a real job, you fucking subhuman.

>>60519829 (OP)
No, inflation is still too bad.

>>60519829 (OP)
He will when the next president is a democrat, isn’t it obvious?

>>60519829 (OP)
I guess it's really funny because JPoo was so absurdly stupidly wrong about inflation in the COVID era to the point where it easily would've gotten him fired in any other job. Everyone knew inflation wasn't "transitory" but he had to lie and play stupid for pretty obvious political reasons.

Anyways now all of a sudden, he *must* know what he's doing, since he's doing the opposite of what Drumpf wants him to do. Funny how that works!

>>60519829 (OP)
No. Stop all money printing immediately and set rates higher till one dollar buys what it used to in 1900. Inflation is theft. Taxation is theft. Abolish the Federal Reserve.

>>60519829 (OP)
Your bond market is on life support. Cutting the rates would fiscally bury the US government right now.

In the last month bond auctions reached historically low acceptance rates. You're having a hard time selling debt as it is. It should be somewhere above 97%, last month you hit 30%. I'm assuming they didn't account for a 70% funding gap, so whatever they needed that money for, they better find another way to get it.

If you indulge Trump on this, you're not even gonna have that. What you're gonna have, possibly, is a problem in meeting the government's short term financial obligations. I'm assuming federal employees still aren't gonna work without a paycheck.

This is a self-inflicted injury a government like the US shouldn't be dealing with. They are, though. So, they should try not to make it worse.

I feel like the dollar's strength is really the make or break factor here though. Part of the reason you're in dire straits is that this isn't a rebalancing, it's a divestment away from US assets. Last month saw 63b in capital outflow from the US economy, 2/3 of which sovereign wealth funds and the like dumping their dollar reserves at a loss, because they're just not gonna take on any more exposure.

In the past few months the man has pulled some stunts to sabotage a bunch of fundamentals that have really painted the US economy into a corner. I would think part of the challenge here is recovering one (e.g. Treasury auctions) without first having recovered the other (e.g. USD/EUR rates)

Would probably help if right now you settled into a trajectory of long term planning and stable governance with minimal policy changes. If I had to cough up a suggestion off the cuff.

>>60519946
>cultural catalyst
We're just inventing words now?

>>60519956
Are you dumb? Still you don't know what tariffs do to prices?

>>60519992
Hmm so it seems China should be bombed to hell for this.
Gonna shill this idea from now on.

>>60520201
ultra based

>>60519927
ya last episode was better. What else is on?

>>60519992
China's economy is garbage too especially after COVID, how the fuck does China win?

meh/10

being actually based he would have raised rates. real inflation is cooling but still way above 2%

>>60519829 (OP)
He's a deadhead, so I like him

>>60519829 (OP)
>DEMOCRAT
he was appointed by trump in 2018 you retard

He is pricing in the inflation from the war that is coming

> do nothing
> win

>>60519829 (OP)
>muh price stability
Banks and the Fed want positive real rates, federal fund rates have a slight effect on inflation if he really wanted to squash inflation he could've constricted the money supply by requiring banks to have something like 25-30% reserve instead of zero, GSIBs only have about .12/dollar and regional have about .08/dollar forgive my antisemitism

>>60520377
And this month it's all high demand. The world knows trump is just trying to make deals with tariffs and it's all fluff. We have had many strong auctions since. Cramer and mainstream media are starting to tell boomers to buy bonds again and invest advisors are recommending it to clients.
Powell is a retard and so are you.

>>60519829 (OP)
All are aboard who are going aboard regardless. Don't worry trusties.