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Trump says Fed Chair should cut interest rates and 'stop playing politics'
- deleted 2y ago[deleted]
- nabla9 2y agoKITE Insta-analysis (Kiel Institute Trade Policy Evaluation) shows that US real output -1.92% price index +9.16% exports -24.52% If inflation is going to jump 9 percent, that's not time for rate cut. The US may enter stagflation--Stagnant economic growth (or a recession) and High inflation (rising prices) and rising unemployment.
- mytailorisrich 2y agoInterest rates have no impact on inflation caused by tariffs. If the aim of those tariffs is to shift production back to the US then lowering rates would perhaps help make that happen faster by encouraging investments. But at this point who knows what Trump's plan, if any, is...
- taylodl 2y agoSo says the man who doesn't know jack about economics and who's calendar reads the year 1873.
- dave4420 2y agoIt would be more on brand for Trump to cut interest rates himself. (I know he doesn’t have the power, legally. He doesn’t care.)
- GuestFAUniverse 2y agoThe Fed Chair should answer: cut the crap and "stop playing politics", apprentice.