>keep interest rates high
>think you're "holding the line against trump"
>costing americans hundreds of billions of dollars

what he's "holding the line against"
>lowest gas prices as low as $1.98 a gallon in some places
>no inflation
>largest tax cuts for middle class
>hundreds of billions in tariff revenue

>>509663500 (OP)
>largest tax cuts for middle class
>hundreds of billions in tariff revenue
Where is that revenue coming from?

>>509663500 (OP)
He can drop the rate, rate on bonds drop, nobody buys us debt, us is fuck either way really.

>>509663500 (OP)
Trump is an orange niggerfaggot more power to those that oppose him.
Always fun seeing him making a meltie
They should announce new criminal charges against him just for shits n giggles lmfao

>>509663500 (OP)
As much as I'd like the rates down personally cause I don't live there and that would help me earn more money through trading, doing that would be really retarded right now for the US, Powell is doing the right thing.

>>509663500 (OP)
>lowest gas prices as low as $1.98 a gallon in some places
This never happened
>no inflation
lol
>largest tax cuts for middle class
>hundreds of billions in tariff revenue
There were no tax cuts for middle class in the OBBB and these two statements are contradictory.
Impressive Kike-level kvetching in this post.

>>509663597
All the nigger cattle consoooomers buying imported shit. Deal with it, fag.

>>509663500 (OP)
dropping interest rates now would be terrible policy and Powell knows it. it's why Trump has no real say over the Fed in the first place. the signs to drop rates are simply not there, no matter what Trump says.

>>509663597
Corps giving up approx 2% of their bottom line skim, and adjustments to imported value (which is what the tariffs are collected against) vs MSRP. the tariffs are genuinely a great thing for the middle class. It'll also provide a dataset for people to realize just how bad things get marked up by duopoly

>The untold legions of boomers crying that Powell is "playing politics" and trying to make Trump look bad

>>509663500 (OP)
I agree with Trump, interest rates on the dollar should be low. But I only say thing because I do not like the US global empire and want the dollar to lose it's prominence.

>>509663776
>There were no tax cuts for middle class
It extends tax cuts for the middle class and thus prevents their tax burden from increasing.

>>509663500 (OP)
>dollar down 13% relative to the euro over the last 5 months
>May yoy CPI still 20% above the fed's target
>this is the time for the Fed to cut rates
Did you graduate from the Erdogan School of Economics?

>>509663500 (OP)
If we lower rates no one will buy our bonds.

>>509663597
Imagination.

>>509663500 (OP)
>Interest rates go down
>Inflation goes up

MIGA

>lowest gas prices as low as $1.98 a gallon in some places
Gas is almost $3.00 at most stations around me and I'm in Louisiana, a state with some of the cheapest gas prices in the entire country.

Why do you guys so blatantly lie like this? No where in the US are gas prices anywhere near $2.00 right now.

>>509663500 (OP)
Having educated experts in control of monitary policy is the last little straw holding the US economy together. Would be funny tho seeing Trumps nigger tier suggestions put into action so the dollar can collapse like when Erdogan did the same thing.

>>509663500 (OP)
>retard bong with crippling debt thinks the POTUS controls the Fed base rate
RETARD ALERT
RETARD ALERT
RETARD ALERT

>>509663500 (OP)
>lowest gas prices as low as $1.98 a gallon in some places
Full of shit, gas hasn't been below $2 in over 10 years.

>>509663851
Wrong. It takes almost a year for the low rates to benefit the market fully.
Rising rates are always a choke point for markets.
We will see aajor recession or depression if rates don't come down soon.
Our economy was surviving off of a million beaners coming in per month. That all stopped.

>>509665270
Gas was $1.80 in west virginia around holiday time 2019 right before covid

>>509664179
>we didn't raise their taxes so technically it's a tax cut
lmao