FUCK THIS PIECE OF POLITICAL SHIT. SO MANY /BIZ/ LIVES DEPEND ON HIM CUTTING RATES. WHY DOES HE HAVE TO ACT LIKE A POLITICIAN IN THE MOST IMPORTANT MOMENT IN /BIZ/ HISTORY?
>>60546150 (OP)It's his job to weigh the interests of hard working people against those of degenerate crypto gamblers and foreign adversarial crypto whales.
>>60546150 (OP)I want him to raise rates actually that's my preference.
>>60546166He should understand that wagies are gonna wage no matter what, he needs to save /biz/raelis holding alts
>>60546150 (OP)MAGA faggots seething over someone who might as well be replaced with an algorithm and whose decisions are 99% predictable from statistics is fucking hilarious. Modern day don quixotes the lot of them.
Rates are going to zero on July 4.
>>60546178??????????
>Leaves rates at 0 with dramatically rising inflation (6%) end of 2021. >Leaves rates at 4.5 with inflation flatlining near their goal.A monkey would do better.
>>60546150 (OP)sorry but no altszn baggie
>>60546150 (OP)He should be hiking. Inflation is still uncontrolled AFTER FOUR FUCKING YEARS.
Trump is talking about replacing him and has "3 or 4" people in mind. Sabrina Carpenter is rumored to be one of them.
>>60546150 (OP)doesnt cutting rates increase inflation?
He's a political operative at the end of his career so obviously he is going to do everything he can to undermine the current POTUS.
>>60547869I don't think he's that savvy. I think he fell for the tarrifs cause inflation meme and is now top embarrassed to admit he was outsmarted by the orange man
>>60547407not immediately, but yea. every other country in the world has lowered rates except the usa
>>60547888There is definitely some of that. It's becoming clear in these congressional hearings where he's being pressed on it.
>>60546171This. I'm sick of my money evaporating in front of me.
>>60547407Only in the sense that banks have an addiction to printing money, so yes and no
>>60547949Your fault for holding USD.
>>60546150 (OP)He's consistently been too late to act on all his previous rate decisions, why expect anything different this time.
>>60547888Checked but no, the fed were a major part of OCP2.0 and are one of the last holdouts of that group. Even with them revoking the whole โreputational riskโ scam they are still caught up in it.
Even if he cut rates the market would just use this as a reason to fucking dump shit down like mad. Maybe you'd get a wick up for like 1h but then massive dump and continued bleed crabbing.
>why?
Because bearfags are in control
I'm never going to be able to leave my horrible ass job because of this faggot.
>>60546150 (OP)since trump bombed those places in iran he should finally get those rate cuts
>>60548152I don't know what that is
>>60546150 (OP)with times of increasing insecurity and instability you want more gambling money? now is time to retreat from risky stuff and prepare for tough times
>>60550055Dollar was way too strong and 90-100 is the ideal range
Stablecoin cucks crying. Love to see it.
>>60546150 (OP)the fed don't control actual rates