Donald J. Trump: "The ECB is expected to cut interest rates for the 7th time, and yet, “Too La...
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The ECB is expected to cut interest rates for the 7th time, and yet, “Too Late” Jerome Powell of the Fed, who is always TOO LATE AND WRONG, yesterday issued a report which was another, and typical, complete “mess!” Oil prices are down, groceries (even eggs!) are down, and the USA is getting RICH ON TARIFFS. Too Late should have lowered Interest Rates, like the ECB, long ago, but he should certainly lower them now. Powell’s termination cannot come fast enough!

The ECB is expected to cut interest rates for the 7th time, and yet, “Too Late” Jerome Powell of the Fed, who is always TOO LATE AND WRONG, yesterday issued a report which was another, and typical, complete “mess!” Oil prices are down, groceries (even eggs!) are down, and the USA is getting RICH ON TARIFFS. Too Late should have lowered Interest Rates, like the ECB, long ago, but he should certainly lower them now. Powell’s termination cannot come fast enough!

  • ilinamorato@lemmy.world
    3·
    2 days ago

    The “soft landing” was a downright miracle of economics. They predicted a recession due to inflation for the entirety of Biden’s administration, and it never happened; all because the Fed knew what they were doing.

    • taiyang@lemmy.world
      2·
      2 days ago

      Yup. And I’m familiar with other countries, especially ties to Japan who did not raise rates for a long time and felt it. Yet most people just don’t understand that.