#FederalReserve

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Paul Giulan<a href="https://federate.social/tags/US" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#US</a> <a href="https://federate.social/tags/corporate" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#corporate</a> <a href="https://federate.social/tags/equity" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#equity</a> ownership by <a href="https://federate.social/tags/wealth" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#wealth</a> percentile share<a href="https://federate.social/tags/UnitedStates" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#UnitedStates</a> <a href="https://federate.social/tags/USA" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#USA</a> <a href="https://federate.social/tags/America" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#America</a> <a href="https://federate.social/tags/FederalReserve" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#FederalReserve</a> <a href="https://federate.social/tags/TaxTheRich" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#TaxTheRich</a> <a href="https://federate.social/tags/stocks" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#stocks</a> <a href="https://federate.social/tags/inequality" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#inequality</a> <a href="https://federate.social/tags/graphic" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#graphic</a> <a href="https://federate.social/tags/data" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#data</a> <a href="https://federate.social/tags/visualization" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#visualization</a> <a href="https://federate.social/tags/DataViz" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#DataViz</a>

⚯ Michel de Cryptadamus ⚯Good article in The Prospect about the coming STABLE and GENIUS acts, which will give an implicit bail out guarantee to crypto money laundering firms - sorry, i mean "stablecoins" - like <a href="https://universeodon.com/tags/Tether" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Tether</a> and <a href="https://universeodon.com/tags/Circle" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Circle</a> (<a href="https://universeodon.com/tags/Coinbase" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Coinbase</a>). One of the two would also let <a href="https://universeodon.com/tags/ElonMusk" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ElonMusk</a> print his own dollars.Senate <a href="https://universeodon.com/tags/Democrats" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Democrats</a> like <a href="https://universeodon.com/tags/KirstenGillibrand" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#KirstenGillibrand</a>, <a href="https://universeodon.com/tags/ElissaSlotkin" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ElissaSlotkin</a>, and <a href="https://universeodon.com/tags/RubenGallego" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#RubenGallego</a>, whose election campaigns were supported by incredible amounts of crypto money, will probably make sure these bills become laws (because they are corrupt).Note that stablecoins are currently incredibly profitable businesses. After all a stablecoin is basically a bank where you spend nothing on anti-money laundering & other regulations, refuse to assist customers who have been scammed, and collect 5% interest from the US government while passing absolutely none of it on to your customers.<a href="https://prospect.org/power/2025-03-10-some-democrats-endorse-bill-allowing-elon-musk-create-own-currency/" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://prospect.org/power/2025-03-10-some-democrats-endorse-bill-allowing-elon-musk-create-own-currency/</a><a href="https://universeodon.com/tags/crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#crypto</a> <a href="https://universeodon.com/tags/senate" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#senate</a> <a href="https://universeodon.com/tags/uspol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#uspol</a> <a href="https://universeodon.com/tags/nypol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#nypol</a> <a href="https://universeodon.com/tags/USDT" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#USDT</a> <a href="https://universeodon.com/tags/USDC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#USDC</a> <a href="https://universeodon.com/tags/stablecoin" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#stablecoin</a> <a href="https://universeodon.com/tags/stablecoins" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#stablecoins</a> <a href="https://universeodon.com/tags/finreg" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#finreg</a> <a href="https://universeodon.com/tags/FederalReserve" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#FederalReserve</a> <a href="https://universeodon.com/tags/MaxineWaters" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#MaxineWaters</a> <a href="https://universeodon.com/tags/CApol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#CApol</a> <a href="https://universeodon.com/tags/DNC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#DNC</a>

NonilexBillionaire <a href="https://masto.ai/tags/ElonMusk" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ElonMusk</a> appeared at <a href="https://masto.ai/tags/CPAC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#CPAC</a> outside Washington waving a chainsaw in the air, showing openness to auditing the <a href="https://masto.ai/tags/FederalReserve" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#FederalReserve</a> & accusing Democrats of “treason.”Musk, the Tesla CEO who has become perhaps <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Trump</a>’s most influential adviser, spoke about his crusade to cut government spending & downsize the federal workforce with the admin’s Department of Government Efficiency <a href="https://masto.ai/tags/DOGE" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#DOGE</a>. [but *legally* he’s not in charge of it ;-| ]<a href="https://masto.ai/tags/USpol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#USpol</a> <a href="https://masto.ai/tags/idiocracy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#idiocracy</a> <a href="https://masto.ai/tags/TrumpCoup" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#TrumpCoup</a> <a href="https://apnews.com/article/musk-chainsaw-trump-doge-6568e9e0cfc42ad6cdcfd58a409eb312" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://apnews.com/article/musk-chainsaw-trump-doge-6568e9e0cfc42ad6cdcfd58a409eb312</a>

NonilexThe <a href="https://masto.ai/tags/ExecutiveOrder" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ExecutiveOrder</a> applies only partly to one particularly powerful agency, the <a href="https://masto.ai/tags/FederalReserve" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#FederalReserve</a>, covering issues related to its supervision & <a href="https://masto.ai/tags/regulation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#regulation</a> of <a href="https://masto.ai/tags/WallStreet" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#WallStreet</a>, but exempting its decisions related to monetary policy, like raising & lowering interest rates.…The order declared that the White House’s director of the <a href="https://masto.ai/tags/OMB" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#OMB</a>, <a href="https://masto.ai/tags/RussVought" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#RussVought</a> [<a href="https://masto.ai/tags/Project2025" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Project2025</a>], can withhold funding for any projects or initiatives that conflict w/ <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Trump</a>’s policies & priorities.<a href="https://masto.ai/tags/law" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#law</a> <a href="https://masto.ai/tags/TrumpCoup" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#TrumpCoup</a> <a href="https://masto.ai/tags/SeparationOfPowers" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#SeparationOfPowers</a>

NonilexAnd it’s only the beginning of the <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Trump</a> <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economy</a> . . . US <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#inflation</a> rose to 3% in Jan, strengthening the case for the <a href="https://masto.ai/tags/FederalReserve" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#FederalReserve</a> to extend a pause on interest rate cuts.The <a href="https://masto.ai/tags/Consumer" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Consumer</a> Price Index <a href="https://masto.ai/tags/CPI" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#CPI</a> unexpectedly ticked higher from a year earlier, data from the Bureau of <a href="https://masto.ai/tags/Labor" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Labor</a> Statistics <a href="https://masto.ai/tags/BLS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#BLS</a> showed on Wednesday, up from 2.9% in Dec. Compared to Dec, consumer prices rose 0.5%, faster than economists had expected.<a href="https://www.nytimes.com/2025/02/12/business/inflation-cpi-report-january.html?smid=nytcore-ios-share&referringSource=articleShare" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.nytimes.com/2025/02/12/business/inflation-cpi-report-january.html?smid=nytcore-ios-share&referringSource=articleShare</a>

Nonilex…This week’s pause is fueled at least partly by uncertainty over the way <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Trump</a> could enact new policies, such as a return to an <a href="https://masto.ai/tags/aggressive" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#aggressive</a> & <a href="https://masto.ai/tags/unpredictable" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#unpredictable</a> global <a href="https://masto.ai/tags/trade" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#trade</a> overhaul w/ <a href="https://masto.ai/tags/threats" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#threats</a> to impose significant <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#tariffs</a> on US trading partners. Though it’s unclear exactly how those policies will affect the <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economy</a>, some <a href="https://masto.ai/tags/Fed" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Fed</a> ofcls have already begun to factor these policies into their economic projections.<a href="https://masto.ai/tags/FederalReserve" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#FederalReserve</a> <a href="https://masto.ai/tags/TheFed" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#TheFed</a> <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#inflation</a>

NonilexThe <a href="https://masto.ai/tags/FederalReserve" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#FederalReserve</a> left interest rates unchanged on Wednesday, amid a cloudy economic outlook, partly because some of <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Trump</a>’s policies could stymie the fight against <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#inflation</a>.  Wednesday’s pause comes after the central bank cut interest rates by a full percentage point between Sept & Dec last year. Officials anticipate the pace of future cuts slowing to just 2 this year, down from 4 cuts that they projected before the election.<a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economy</a> <a href="https://masto.ai/tags/TheFed" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#TheFed</a> <a href="https://www.washingtonpost.com/business/2025/01/29/fed-meets-on-interest-rates/" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.washingtonpost.com/business/2025/01/29/fed-meets-on-interest-rates/</a>

NonilexThe independent structure of those agencies has been a central part of how <a href="https://masto.ai/tags/Congress" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Congress</a> has set up the administrative state since the New Deal. But <a href="https://masto.ai/tags/RussVought" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#RussVought</a> sees the modern structure of government as a theft of the president’s *rightful* <a href="https://masto.ai/tags/powers" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#powers</a>.“What we’re trying to do is identify the pockets of <a href="https://masto.ai/tags/independence" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#independence</a> & seize them,” <a href="https://masto.ai/tags/Vought" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Vought</a> said at the time, adding of the <a href="https://masto.ai/tags/FederalReserve" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#FederalReserve</a>: “It’s very hard to square the <a href="https://masto.ai/tags/Fed" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Fed</a>’s independence with the Constitution.”<a href="https://masto.ai/tags/law" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#law</a> <a href="https://masto.ai/tags/democracy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#democracy</a> <a href="https://masto.ai/tags/autocracy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#autocracy</a> <a href="https://masto.ai/tags/USpol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#USpol</a>

The Japan TimesAfter two straight years seeing bets on a yen rebound turn into the cold reality of further declines, some strategists reckon third time will be the charm for Japan’s beleaguered currency. <a href="https://www.japantimes.co.jp/business/2024/11/18/markets/yen-bulls-us-japan-interest-rates-gap/?utm_medium=Social&utm_source=mastodon" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.japantimes.co.jp/business/2024/11/18/markets/yen-bulls-us-japan-interest-rates-gap/?utm_medium=Social&utm_source=mastodon</a> <a href="https://mastodon.social/tags/business" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#business</a> <a href="https://mastodon.social/tags/markets" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#markets</a> <a href="https://mastodon.social/tags/yen" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#yen</a> <a href="https://mastodon.social/tags/forex" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#forex</a> <a href="https://mastodon.social/tags/boj" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#boj</a> <a href="https://mastodon.social/tags/japaneseeconomy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#japaneseeconomy</a> <a href="https://mastodon.social/tags/federalreserve" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#federalreserve</a>

NonilexThat would cause the <a href="https://masto.ai/tags/FederalReserve" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#FederalReserve</a> to pause its current trajectory of lowering interest rates.And that would run directly counter to <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Trump</a>’s goal to maintain lower interest rates as part of a policy of accelerating growth.“Although Trump has shown a consistent preference for easy monetary policy, we believe that the <a href="https://masto.ai/tags/Fed" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Fed</a> would engage in a less aggressive cutting cycle under a 2nd Trump admin due to the <a href="https://masto.ai/tags/inflationary" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#inflationary</a> nature of additional <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#tariffs</a>,” Nomura Holdings financial told clients.

USAJusticeWatchWe led some of America’s largest companies. Here’s why we are voting for <a href="https://mastodon.social/tags/Harris" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Harris</a>... “<a href="https://mastodon.social/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Trump</a> [is] extreme[ly] <a href="https://mastodon.social/tags/anti_business" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#anti_business</a>, including proposing draconian, universal 10% <a href="https://mastodon.social/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#tariffs</a>…which would hurt businesses & consumers while raising <a href="https://mastodon.social/tags/prices" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#prices</a> across the board. Trump has…suggested he would curtail the <a href="https://mastodon.social/tags/independence" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#independence</a> of the <a href="https://mastodon.social/tags/FederalReserve" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#FederalReserve</a>. No CEO relishes the prospect of a politicized Fed driving <a href="https://mastodon.social/tags/destabilizing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#destabilizing</a> see-saw swings in monetary policy to satisfy presidential whims.“ <a href="https://fortune.com/2024/10/29/ceos-america-largest-companies-voting-for-harris-not-trump-leadership-elections-politics/?abc123" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://fortune.com/2024/10/29/ceos-america-largest-companies-voting-for-harris-not-trump-leadership-elections-politics/?abc123</a>

NonilexThe <a href="https://masto.ai/tags/jobs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#jobs</a> report arrives just 2 weeks after policymakers at the <a href="https://masto.ai/tags/FederalReserve" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#FederalReserve</a> reduced interest rates for the first time since 2020, in part due to labor market cooling. That move signaled that the era of painful <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#inflation</a> has come to a close.The half-point rate cut, which will lower borrowing <a href="https://masto.ai/tags/costs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#costs</a>, is expected to bring relief to <a href="https://masto.ai/tags/households" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#households</a> & <a href="https://masto.ai/tags/businesses" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#businesses</a> eager to take out <a href="https://masto.ai/tags/loans" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#loans</a>.<a href="https://masto.ai/tags/Bidenomics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Bidenomics</a> <a href="https://masto.ai/tags/policy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#policy</a> <a href="https://masto.ai/tags/finance" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#finance</a> <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economy</a> <a href="https://masto.ai/tags/Employers" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Employers</a> <a href="https://masto.ai/tags/labor" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#labor</a> <a href="https://masto.ai/tags/unemployment" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#unemployment</a> <a href="https://masto.ai/tags/election" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#election</a> <a href="https://masto.ai/tags/VoteBlue" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#VoteBlue</a> <a href="https://masto.ai/tags/HarrisWalz2024" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#HarrisWalz2024</a>

Lyle Solla-Yates<a href="https://finance.yahoo.com/news/jerome-powell-says-real-issue-102700513.html/" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://finance.yahoo.com/news/jerome-powell-says-real-issue-102700513.html/</a> crisis.“The real issue with housing is that we have had and are on track to continue to have, not enough housing” <a href="https://cville.online/tags/housing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#housing</a> <a href="https://cville.online/tags/shortage" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#shortage</a> <a href="https://cville.online/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#inflation</a> <a href="https://cville.online/tags/federalreserve" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#federalreserve</a> <a href="https://cville.online/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economics</a>

Nonilex<a href="https://masto.ai/tags/KamalaHarris" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#KamalaHarris</a> noted that the <a href="https://masto.ai/tags/FederalReserve" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#FederalReserve</a> lowered interest rates last week, saying that the move would “make it just a little easier for <a href="https://masto.ai/tags/families" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#families</a> to buy a home or a car or just pay down a credit card.”<a href="https://masto.ai/tags/Harris" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Harris</a> started the speech by acknowledging that the cost of living is too high, but saying those costs rose well before the pandemic. before <a href="https://masto.ai/tags/Biden" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Biden</a> & she took office.<a href="https://masto.ai/tags/OpportunityEconomy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#OpportunityEconomy</a> <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economy</a> <a href="https://masto.ai/tags/KamalaHarris" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#KamalaHarris</a> <a href="https://masto.ai/tags/VoteBlue" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#VoteBlue</a> <a href="https://masto.ai/tags/HarrisWalz2024" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#HarrisWalz2024</a>

Nonilex“I think I have a better instinct than, in many cases, people that would be on the <a href="https://masto.ai/tags/FederalReserve" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#FederalReserve</a> or the chairman,” said [the guy found liable for decades of financial fraud & is on the hook for $453.5M to NY] <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Trump</a>.<a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economy</a> <a href="https://masto.ai/tags/Biden" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Biden</a> <a href="https://masto.ai/tags/HarrisWalz2024" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#HarrisWalz2024</a>

NonilexPresident Joe <a href="https://masto.ai/tags/Biden" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Biden</a> stressed the <a href="https://masto.ai/tags/independence" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#independence</a> of the <a href="https://masto.ai/tags/FederalReserve" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#FederalReserve</a>, saying he has “never once spoken” to <a href="https://masto.ai/tags/Fed" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Fed</a> chairman Jerome H. Powell since taking office. “We’ll also do enormous damage to our economy if that independence is ever lost,” Biden told the Economic Club of Washington, DC. His assertion was in sharp contrast to <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Trump</a>, who publicly criticized the Fed while president & who last month suggested he should have “at least a say” in the banking system’s decisions.<a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economy</a> <a href="https://masto.ai/tags/democracy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#democracy</a>

NonilexPresident <a href="https://masto.ai/tags/Biden" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Biden</a> on Thurs touted what he called a “declaration of progress” after the <a href="https://masto.ai/tags/FederalReserve" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#FederalReserve</a> cut <a href="https://masto.ai/tags/InterestRates" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#InterestRates</a>, arguing his <a href="https://masto.ai/tags/economic" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economic</a> agenda had put the country on strong footing & warning of the risks that could come w/a return to <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Trump</a>’s policies.Biden addressed the Economic Club of Washington, DC, one day after the <a href="https://masto.ai/tags/CentralBank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#CentralBank</a> cut interest rates for the first time since 2020. <a href="https://masto.ai/tags/POTUS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#POTUS</a> welcomed the <a href="https://masto.ai/tags/Fed" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Fed</a>’s decision.<a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economy</a> <a href="https://masto.ai/tags/HarrisWalz2024" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#HarrisWalz2024</a> <a href="https://www.youtube.com/watch?v=yl5Cn9Bk7i4" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.youtube.com/watch?v=yl5Cn9Bk7i4</a>

Nonilex<a href="https://masto.ai/tags/Fed" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Fed</a> cuts interest rates by a half-pointThe <a href="https://masto.ai/tags/FederalReserve" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#FederalReserve</a> cut <a href="https://masto.ai/tags/InterestRates" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#InterestRates</a> for the first time since the beginning of the pandemic, lowering borrowing costs by a half-point in a move that should bring <a href="https://masto.ai/tags/relief" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#relief</a> to households & businesses straining under elevated rates. The more aggressive approach suggests officials are proactively trying to ease pressure off the <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economy</a> & keep the <a href="https://masto.ai/tags/JobMarket" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JobMarket</a> from slowing any further. The benchmark rate now sits between 4.75 & 5%.<a href="https://www.washingtonpost.com/business/2024/09/18/fed-meeting-interest-rate-cut-decision-live-fomc/" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.washingtonpost.com/business/2024/09/18/fed-meeting-interest-rate-cut-decision-live-fomc/</a>

NonilexIn early July, days before he was tapped to be <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Trump</a>'s running mate, <a href="https://masto.ai/tags/JDVance" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JDVance</a> read aloud a letter from <a href="https://masto.ai/tags/Springfield" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Springfield</a> ofcls as he quizzed <a href="https://masto.ai/tags/FederalReserve" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#FederalReserve</a> Chair <a href="https://masto.ai/tags/JeromePowell" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JeromePowell</a> at a congressional hearing on whether <a href="https://masto.ai/tags/immigration" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#immigration</a> added to <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#inflation</a> by increasing <a href="https://masto.ai/tags/housing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#housing</a> costs, & whether a rising supply of new <a href="https://masto.ai/tags/workers" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#workers</a> hurt others by holding down <a href="https://masto.ai/tags/wages" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#wages</a>.<a href="https://masto.ai/tags/FactCheck" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#FactCheck</a> <a href="https://masto.ai/tags/TrumpLies" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#TrumpLies</a> <a href="https://masto.ai/tags/delusional" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#delusional</a> <a href="https://masto.ai/tags/weird" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#weird</a> <a href="https://masto.ai/tags/Haiti" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Haiti</a> <a href="https://masto.ai/tags/Harris" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Harris</a> <a href="https://masto.ai/tags/debate" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#debate</a> <a href="https://masto.ai/tags/HarrisWalz2024" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#HarrisWalz2024</a>

NonilexThe <a href="https://masto.ai/tags/Fed" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Fed</a> is expected to cut <a href="https://masto.ai/tags/InterestRates" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#InterestRates</a> for the first time since the <a href="https://masto.ai/tags/pandemic" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#pandemic</a> began when policymakers meet in mid-Sept. That cut could be as much as a supersized half-point instead of a more typical quarter-point. [better be]“This <a href="https://masto.ai/tags/employment" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#employment</a> report has taken on such an outsize value, because the Fed has now pivoted from whether they’re going to cut [rates] to the question of how much & how fast,” said Diane Swonk, chief economist at KPMG.<a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economy</a> <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#inflation</a> <a href="https://masto.ai/tags/FederalReserve" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#FederalReserve</a>

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