4 ms·

Ah, Trump will be back in office slashing rates in 2025, shouldn't be too hard to scrape by til then

• dragonwriter 4y ago
  > ... slashing rates in 2025, shouldn't be too hard to scrape by til then If rates aren’t being slashed long before then, then either: (1) the brief burst of layoffs were an aberration and the job market will have otherwise stayed strong, so scraping by isn’t an issue. (2) despite a weakening job market, inflation has been so persistent that fighting it remains a higher Fed priority than stimulus, and a politically motivated loosening of monetary policy would be a recipe for slingshotting into hyperinflation.
• notfromhere 4y ago
  The president doesn’t control interest rates. Trump tried bullying the Fed into lowering rates and didn’t work