SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Humble1 and Swing Trading Friends

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: humble15/8/2025 7:55:26 AM
1 Recommendation

Recommended By
rdkflorida2

   of 41032
 
Powell: A Fool!

This is going to get real real ugly especially after the June FOMC:

The Fed on Wednesday voted to keep its benchmark interest rate between 4.25% to 4.5%, where it’s kept the range in the three meetings this year since last cutting in December. This has frustrated the president, who wants the central bank to cut rates to counter a possible slowing economy due to the rollout of his trade policies.

The Fed said that it was keeping rates the same until the economic outlook becomes a bit clearer and that “the risks of higher unemployment and higher inflation have risen.” The Fed doesn’t want to slash rates if Trump’s tariffs end up sparking inflation.

Powell addressed Trump’s frequent criticisms and call to lower rates briefly in a press conference that followed the Fed’s decision, saying it would not impact the Fed’s job “at all.”

“We are always going to do the same thing, which is we are going to use our tools to foster maximum employment and price stability for the benefit of the American people,” Powell said. “We are always going to consider only the economic data, the outlook, the balance of risks and that’s it. That’s all we are going to consider.”
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext