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Democracy Matters :verified:Don't do it! Then you'll have runaway inflation, you stupid fuck.Trump pushes for interest rate cut to "ease" effect of tariffs <a href="https://www.salon.com/2025/03/20/pushes-for-interest-rate-cut-to-ease-effect-of-tariffs/" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.salon.com/2025/03/20/pushes-for-interest-rate-cut-to-ease-effect-of-tariffs/</a><a href="https://mstdn.social/tags/FedRate" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#FedRate</a> <a href="https://mstdn.social/tags/JeromePowell" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JeromePowell</a> <a href="https://mstdn.social/tags/EndTrump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#EndTrump</a> <a href="https://mstdn.social/tags/EndMusk" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#EndMusk</a> <a href="https://mstdn.social/tags/DonaldKrasnov" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#DonaldKrasnov</a> <a href="https://mstdn.social/tags/RepublicansOwnThis" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#RepublicansOwnThis</a> <a href="https://mstdn.social/tags/GOPKakistocracy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#GOPKakistocracy</a> <a href="https://mstdn.social/tags/GOPWeirdos" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#GOPWeirdos</a> <a href="https://mstdn.social/tags/NoRepublicansEverAgain" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#NoRepublicansEverAgain</a> <a href="https://mstdn.social/tags/USPol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#USPol</a>

Democracy Matters :verified:Watch Trump try to impeach Jerome Powell...these stupid fucks!"Progress may be delayed": Powell blames stubborn inflation on Trump tariffs <a href="https://www.salon.com/2025/03/19/progress-may-be-delayed-powell-stubborn-inflation-on-tariffs/" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.salon.com/2025/03/19/progress-may-be-delayed-powell-stubborn-inflation-on-tariffs/</a><a href="https://mstdn.social/tags/Inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Inflation</a> <a href="https://mstdn.social/tags/JeromePowell" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JeromePowell</a> <a href="https://mstdn.social/tags/EndTrump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#EndTrump</a> <a href="https://mstdn.social/tags/EndMusk" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#EndMusk</a> <a href="https://mstdn.social/tags/DonaldKrasnov" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#DonaldKrasnov</a> <a href="https://mstdn.social/tags/RepublicansOwnThis" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#RepublicansOwnThis</a> <a href="https://mstdn.social/tags/GOPKakistocracy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#GOPKakistocracy</a> <a href="https://mstdn.social/tags/GOPWeirdos" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#GOPWeirdos</a> <a href="https://mstdn.social/tags/NoRepublicansEverAgain" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#NoRepublicansEverAgain</a> <a href="https://mstdn.social/tags/USPol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#USPol</a>

NonilexFirst question: how much of the higher inflation forecast is due to <a href="https://masto.ai/tags/TrumpTariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#TrumpTariffs</a>?<a href="https://masto.ai/tags/JeromePowell" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JeromePowell</a>:"It is going to be very difficult to have a precise assessment of how much of inflation is coming from <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#tariffs</a>…. clearly some of it [<a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#inflation</a>], a good part of it is, is coming from tariffs.”"But we'll be working & so will other forecasters to try to find the best possible way to separate non-tariff inflation from tariff inflation."<a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economy</a> <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Trump</a> <a href="https://masto.ai/tags/trumpcession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#trumpcession</a>

Nonilex<a href="https://masto.ai/tags/JeromePowell" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JeromePowell</a> on uncertainty & 'noise'"As we parse the incoming information, we're focused on separating the signal from the noise as the outlook evolves.""We do not need to be in a hurry to adjust our policy stance, & we are well positioned to wait for greater clarity.""While these individual forecasts are always subject to uncertainty, …uncertainty today is unusually elevated. And of course, these projections are not a cmte plan or a decision. Policy is not on a pre-set course."<a href="https://masto.ai/tags/Fed" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Fed</a>

Nonilex<a href="https://masto.ai/tags/JeromePowell" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JeromePowell</a> on <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#tariffs</a>"Some near-term measures of <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#inflation</a> expectations have recently moved up. We see this in both market & survey-based measures, & survey respondents, both consumers & businesses, are mentioning tariffs as a driving factor."<a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economy</a> <a href="https://masto.ai/tags/trumpcession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#trumpcession</a> <a href="https://masto.ai/tags/USpol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#USpol</a>

NonilexIn a social media post Wed, <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Trump</a> called on interest rates to be lowered, saying it was “something which would go hand in hand with upcoming Tariffs!!!" [<a href="https://masto.ai/tags/idiot" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#idiot</a>]Speaking to lawmakers this week as part of two days of hearings, <a href="https://masto.ai/tags/Fed" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Fed</a> Chair <a href="https://masto.ai/tags/JeromePowell" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JeromePowell</a> affirmed that a solid labor market meant the central bank did not need to be in a “hurry” to lower rates. Rather, he said the Fed was “well positioned to deal with the risks & uncertainties that we face” [aka Trump].<a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economy</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>

NonilexEmployers added 142k <a href="https://masto.ai/tags/jobs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#jobs</a> in Aug, continuing a <a href="https://masto.ai/tags/labor" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#labor</a> market cooling trend that stoked fears that <a href="https://masto.ai/tags/InterestRates" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#InterestRates</a> have been high for too long. [damn you <a href="https://masto.ai/tags/JeromePowell" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JeromePowell</a>]The <a href="https://masto.ai/tags/unemployment" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#unemployment</a> rate ticked down to 4.2%.  The Aug jobs report released Fri by the Bureau of Labor Stats <a href="https://masto.ai/tags/BLS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#BLS</a> was among the most closely watched snapshots of the labor market since the <a href="https://masto.ai/tags/pandemic" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#pandemic</a>. <a href="https://masto.ai/tags/Economists" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Economists</a> had predicted 161k job gains, a boost from July’s 114k.<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> <a href="https://www.washingtonpost.com/business/2024/09/06/august-jobs-unemployment-labor-market/" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.washingtonpost.com/business/2024/09/06/august-jobs-unemployment-labor-market/</a>

tagesschauFed-Chef Powell stellt baldige Zinssenkung in Aussicht"Die Zeit für eine Anpassung ist gekommen": Der Chef der US-Notenbank, Powell, hat eine Senkung des historisch hohen Leitzinses in Aussicht gestellt. Experten rechnen damit, dass diese im September anstehen dürfte.➡️ <a href="https://www.tagesschau.de/wirtschaft/weltwirtschaft/usa-zinssenkung-powell-100.html?at_medium=mastodon&at_campaign=tagesschau.de" rel="nofollow noopener noreferrer" target="_blank">https://www.tagesschau.de/wirtschaft/weltwirtschaft/usa-zinssenkung-powell-100.html?at_medium=mastodon&at_campaign=tagesschau.de</a><a href="https://ard.social/tags/USA" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#USA</a> <a href="https://ard.social/tags/JeromePowell" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JeromePowell</a> <a href="https://ard.social/tags/Zinssenkung" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Zinssenkung</a>

Coach Pāṇini ®“Insurance of various different kinds—housing <a href="https://mastodon.world/tags/insurance" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#insurance</a>, but also automobile insurance, and things like that—that’s been a significant source of <a href="https://mastodon.world/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#inflation</a> over the last few years” - <a href="https://mastodon.world/tags/JeromePowell" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JeromePowell</a> <a href="https://finance.yahoo.com/news/jerome-powell-just-revealed-hidden-210653681.html" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://finance.yahoo.com/news/jerome-powell-just-revealed-hidden-210653681.html</a>

NonilexAfter 2yrs of relentless pressure over everything from sky-high <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#inflation</a> to a looming <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#recession</a>, the head of the <a href="https://masto.ai/tags/FederalReserve" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#FederalReserve</a> was asked this month what he does for fun.  “For me, a big, big party — & I mean, this is really as fun as it gets — is a really good inflation report,” <a href="https://masto.ai/tags/JeromePowell" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JeromePowell</a> said…. He flashed a smile & laughed.  For an ofcl who typically sticks to a tight script, the quip was downright jubilant. But it also reflected a subtle mood shift from the <a href="https://masto.ai/tags/CentralBank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#CentralBank</a> …

Cory DoctorowA succession of doctors attended Washington, each one bleeding him, until *more than half* of Washington's blood had been extracted, whereupon the country's father died:<a href="https://timharford.com/2023/11/cautionary-tales-george-washingtons-beard-of-beetles-with-the-dollop/" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://timharford.com/2023/11/cautionary-tales-george-washingtons-beard-of-beetles-with-the-dollop/</a>Today, a different kind of quack is given free rein to bleed another Washington: central bankers like <a href="https://mamot.fr/tags/JeromePowell" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JeromePowell</a> sit in DC, bleeding the economy with <a href="https://mamot.fr/tags/InterestRateHikes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#InterestRateHikes</a>, in the name of preventing <a href="https://mamot.fr/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#inflation</a>:<a href="https://pluralistic.net/2022/12/14/medieval-bloodletters/#its-the-stupid-economy" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://pluralistic.net/2022/12/14/medieval-bloodletters/#its-the-stupid-economy</a>5/

Robert M<a href="https://journa.host/@w7voa" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@w7voa</a> Time to get rid of Powell. Enough. <a href="https://mastodon.coffee/tags/TheFed" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#TheFed</a> <a href="https://mastodon.coffee/tags/JeromePowell" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JeromePowell</a> <a href="https://mastodon.coffee/tags/Inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Inflation</a>

Cory DoctorowWhile the Democrats' anti-corporate wing got to drive the administration's competition agencies, the corporate wing has enjoyed near-total dominance over finance regulations (with notable exceptions, e.g. Deepak Chopra), starting with Trump's <a href="https://mamot.fr/tags/JeromePowell" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JeromePowell</a>, a bloodletting monster happy to shovel workers into their bosses' crushers all day long:<a href="https://pluralistic.net/2023/01/19/creditors-vs-workers/#finance-colored-glasses" rel="nofollow noopener noreferrer" target="_blank">https://pluralistic.net/2023/01/19/creditors-vs-workers/#finance-colored-glasses</a>3/

VICE NewsOK, WTF Is Going on With Inflation, Interest Rates, the Fed, Jerome Powell, Gas Prices, the Economy, Your Job, Rent, Etc. <a href="https://www.vice.com/en_us/article/88q9n3/ok-wtf-is-going-on-with-inflation-interest-rates-the-fed-jerome-powell-gas-prices-the-economy-your-job-rent-etc" rel="nofollow noopener noreferrer" target="_blank">https://www.vice.com/en_us/article/88q9n3/ok-wtf-is-going-on-with-inflation-interest-rates-the-fed-jerome-powell-gas-prices-the-economy-your-job-rent-etc</a> <a href="https://mstdn.social/tags/Vice" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Vice</a> <a href="https://mstdn.social/tags/RSS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#RSS</a> <a href="https://mstdn.social/tags/News" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#News</a> <a href="https://mstdn.social/tags/Bot" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Bot</a> <a href="https://mstdn.social/tags/interestrates" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#interestrates</a> <a href="https://mstdn.social/tags/JeromePowell" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JeromePowell</a> <a href="https://mstdn.social/tags/Inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Inflation</a> <a href="https://mstdn.social/tags/worldnews" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#worldnews</a> <a href="https://mstdn.social/tags/theFed" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#theFed</a> <a href="https://mstdn.social/tags/Money" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Money</a>

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