Trump asks Powell to lower rates

6,140 Views | 92 Replies | Last: 3 days ago by Ellis Wyatt
BoydCrowder13
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Like clockwork. We will see what Powell says.

Between tariffs and cutting rates, I can't think of a better way to revive inflation.
No Spin Ag
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BoydCrowder13 said:



Like clockwork. We will see what Powell says.

Between tariffs and cutting rates, I can't think of a better way to revive inflation.
I thought the right wanted rates to be cut? At least I remember that being said before Trump was sworn in.
There are in fact two things, science and opinion; the former begets knowledge, the later ignorance. Hippocrates
samurai_science
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BoydCrowder13 said:



Like clockwork. We will see what Powell says.

Between tariffs and cutting rates, I can't think of a better way to revive inflation.
Imagine Trump and Congress trying something different, cut spending, reduce taxes, and remove regulations.
BoydCrowder13
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No Spin Ag said:

BoydCrowder13 said:



Like clockwork. We will see what Powell says.

Between tariffs and cutting rates, I can't think of a better way to revive inflation.
I thought the right wanted rates to be cut? At least I remember that being said before Trump was sworn in.


Most here have argued that rates were cut too quickly and for political reasons. And led to inflation staying in the 3% range.
samurai_science
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No Spin Ag said:

BoydCrowder13 said:



Like clockwork. We will see what Powell says.

Between tariffs and cutting rates, I can't think of a better way to revive inflation.
I thought the right wanted rates to be cut? At least I remember that being said before Trump was sworn in.
The "right" wants lots of different things, news at 11.
samurai_science
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BoydCrowder13 said:

No Spin Ag said:

BoydCrowder13 said:



Like clockwork. We will see what Powell says.

Between tariffs and cutting rates, I can't think of a better way to revive inflation.
I thought the right wanted rates to be cut? At least I remember that being said before Trump was sworn in.


Most here have argued that rates were cut too quickly and for political reasons. And led to inflation staying in the 3% range.
No spin can't help it
Detmersdislocatedshoulder
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the rate cut request is not for the obvious reasons.
Deputy Travis Junior
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Dumping rates days after announcing a gigantic new tariff package (ie huge cost increases) would be weapons grade stupidity. I hope Powell is smart enough to ignore this.
No Spin Ag
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BoydCrowder13 said:

No Spin Ag said:

BoydCrowder13 said:



Like clockwork. We will see what Powell says.

Between tariffs and cutting rates, I can't think of a better way to revive inflation.
I thought the right wanted rates to be cut? At least I remember that being said before Trump was sworn in.


Most here have argued that rates were cut too quickly and for political reasons. And led to inflation staying in the 3% range.
Gotcha.

So then, do you think that cutting the rates now would be a good thing? And if so, how would it help with the tariffs?
There are in fact two things, science and opinion; the former begets knowledge, the later ignorance. Hippocrates
Street Fighter
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AG
No Spin Ag said:

BoydCrowder13 said:

No Spin Ag said:

BoydCrowder13 said:



Like clockwork. We will see what Powell says.

Between tariffs and cutting rates, I can't think of a better way to revive inflation.
I thought the right wanted rates to be cut? At least I remember that being said before Trump was sworn in.


Most here have argued that rates were cut too quickly and for political reasons. And led to inflation staying in the 3% range.
Gotcha.

So then, do you think that cutting the rates now would be a good thing? And if so, how would it help with the tariffs?
Cutting rates would be monumentally stupid.
Logos Stick
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BoydCrowder13 said:


Between tariffs and cutting rates, I can't think of a better way to revive inflation.

If tariffs are as punitive as many believe they will be, how would reducing rates have any significant impact as far as inflation? At best it will probably be a wash.
Jeeper79
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AG
Logos Stick said:

BoydCrowder13 said:


Between tariffs and cutting rates, I can't think of a better way to revive inflation.

If tariffs are as punitive as many believe they will be, how would reducing rates have any significant impact as far as inflation? At best it will probably be a wash.
Even the pro tariff crowd has been saying they're short term inflation, long term deflation.
Logos Stick
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Jeeper79 said:

Logos Stick said:

BoydCrowder13 said:


Between tariffs and cutting rates, I can't think of a better way to revive inflation.

If tariffs are as punitive as many believe they will be, how would reducing rates have any significant impact as far as inflation? At best it will probably be a wash.
Even the pro tariff crowd has been saying their short term inflation, long term deflation.

Which supports my point.
Jeeper79
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AG
Logos Stick said:

Jeeper79 said:

Logos Stick said:

BoydCrowder13 said:


Between tariffs and cutting rates, I can't think of a better way to revive inflation.

If tariffs are as punitive as many believe they will be, how would reducing rates have any significant impact as far as inflation? At best it will probably be a wash.
Even the pro tariff crowd has been saying their short term inflation, long term deflation.

Which supports my point.
It means that even if that's right (which I'm not sure it is), you're better off waiting for inflation to cool down. Doing it now, right before inflation goes up, isn't the right time.

Seriously, who's advising this guy?
AggieVictor10
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AG
I feel so liberated right now.
hard times create strong men. Strong men create good times. good times create weak men. and weak men create hard times.

less virtue signaling, more vice signaling.

Birds aren’t real
Lol,lmao
Actual Talking Thermos
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Jeeper79 said:


Seriously, who's advising this guy?
This time he made sure there would be no more adults in the room
Geminiv
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Actual Talking Thermos said:

Jeeper79 said:


Seriously, who's advising this guy?
This time he made sure there would be no more adults in the room


Putin?
Logos Stick
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Jeeper79 said:

Logos Stick said:

Jeeper79 said:

Logos Stick said:

BoydCrowder13 said:


Between tariffs and cutting rates, I can't think of a better way to revive inflation.

If tariffs are as punitive as many believe they will be, how would reducing rates have any significant impact as far as inflation? At best it will probably be a wash.
Even the pro tariff crowd has been saying their short term inflation, long term deflation.

Which supports my point.
It means that even if that's right (which I'm not sure it is), you're better off waiting for inflation to cool down. Doing it now, right before inflation goes up, isn't the right time.

It's not going to matter, imo. If the price of a new vehicle rises 10% because of tariffs - as an example - reducing borrowing costs 50%, from 5% to 2.5%, ain't gonna get people out on the lots to an extent where manufacturers are bumping the price even more. For a $50k vehicle, that's an additional $5k for the price. On a 5 year loan, that will only save $3800 at 2.5%. The monthly payment for a 5% auto loan on $50k is $946. The monthly payment for a 2.5% loan on $55k is $975.

These are going to be waterfall increases, not gradual.
Bryanisbest
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AG
Jeeper79 said:

Logos Stick said:

Jeeper79 said:

Logos Stick said:

BoydCrowder13 said:


Between tariffs and cutting rates, I can't think of a better way to revive inflation.

If tariffs are as punitive as many believe they will be, how would reducing rates have any significant impact as far as inflation? At best it will probably be a wash.
Even the pro tariff crowd has been saying their short term inflation, long term deflation.

Which supports my point.
It means that even if that's right (which I'm not sure it is), you're better off waiting for inflation to cool down. Doing it now, right before inflation goes up, isn't the right time.

Seriously, who's advising this guy?



What ? Trump's been calling for tariffs for 25 yrs.
Yukon Cornelius
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AG
Deputy Travis Junior said:

Dumping rates days after announcing a gigantic new tariff package (ie huge cost increases) would be weapons grade stupidity. I hope Powell is smart enough to ignore this.


lol why?
Jeeper79
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AG
Logos Stick said:

Jeeper79 said:

Logos Stick said:

Jeeper79 said:

Logos Stick said:

BoydCrowder13 said:


Between tariffs and cutting rates, I can't think of a better way to revive inflation.

If tariffs are as punitive as many believe they will be, how would reducing rates have any significant impact as far as inflation? At best it will probably be a wash.
Even the pro tariff crowd has been saying their short term inflation, long term deflation.

Which supports my point.
It means that even if that's right (which I'm not sure it is), you're better off waiting for inflation to cool down. Doing it now, right before inflation goes up, isn't the right time.

It's not going to matter, imo. If the price of a new vehicle rises 10% because of tariffs - as an example - reducing borrowing costs 50%, from 5% to 2.5%, ain't gonna get people out on the lots to an extent where manufacturers are bumping the price even more. For a $50k vehicle, that's an additional $5k for the price. On a 5 year loan, that will only save $3800 at 2.5%. The monthly payment for a 5% auto loan on $50k is $946. The monthly payment for a 2.5% loan on $55k is $975.

These are going to be waterfall increases, not gradual.
Lowering interests rates risks raising inflation. That's why you don't doing it while inflation is going up.
Yukon Cornelius
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AG
Is inflation going up? What were the last numbers? Pretty sure we are seeing quite a few commodities going down right now but I could be wrong.

I looked inflation rate is falling.
Logos Stick
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Jeeper79 said:

Logos Stick said:

Jeeper79 said:

Logos Stick said:

Jeeper79 said:

Logos Stick said:

BoydCrowder13 said:


Between tariffs and cutting rates, I can't think of a better way to revive inflation.

If tariffs are as punitive as many believe they will be, how would reducing rates have any significant impact as far as inflation? At best it will probably be a wash.
Even the pro tariff crowd has been saying their short term inflation, long term deflation.

Which supports my point.
It means that even if that's right (which I'm not sure it is), you're better off waiting for inflation to cool down. Doing it now, right before inflation goes up, isn't the right time.

It's not going to matter, imo. If the price of a new vehicle rises 10% because of tariffs - as an example - reducing borrowing costs 50%, from 5% to 2.5%, ain't gonna get people out on the lots to an extent where manufacturers are bumping the price even more. For a $50k vehicle, that's an additional $5k for the price. On a 5 year loan, that will only save $3800 at 2.5%. The monthly payment for a 5% auto loan on $50k is $946. The monthly payment for a 2.5% loan on $55k is $975.

These are going to be waterfall increases, not gradual.
Lowering interests rates risks raising inflation. That's why you don't doing it while inflation is going up.

I just gave you a solid example of why it would most likely be wash because of the tariffs! Think!
P.H. Dexippus
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AG
Just another example that Trump does not understand macro economics.
Jeeper79
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AG
Logos Stick said:

Jeeper79 said:

Logos Stick said:

Jeeper79 said:

Logos Stick said:

Jeeper79 said:

Logos Stick said:

BoydCrowder13 said:


Between tariffs and cutting rates, I can't think of a better way to revive inflation.

If tariffs are as punitive as many believe they will be, how would reducing rates have any significant impact as far as inflation? At best it will probably be a wash.
Even the pro tariff crowd has been saying their short term inflation, long term deflation.

Which supports my point.
It means that even if that's right (which I'm not sure it is), you're better off waiting for inflation to cool down. Doing it now, right before inflation goes up, isn't the right time.

It's not going to matter, imo. If the price of a new vehicle rises 10% because of tariffs - as an example - reducing borrowing costs 50%, from 5% to 2.5%, ain't gonna get people out on the lots to an extent where manufacturers are bumping the price even more. For a $50k vehicle, that's an additional $5k for the price. On a 5 year loan, that will only save $3800 at 2.5%. The monthly payment for a 5% auto loan on $50k is $946. The monthly payment for a 2.5% loan on $55k is $975.

These are going to be waterfall increases, not gradual.
Lowering interests rates risks raising inflation. That's why you don't doing it while inflation is going up.

I just gave you a solid example of why it would most likely be wash because of the tariffs! Think!
Its not just about the things you personally finance. If bananas at 55 cents today and tariffs make them 60 cents tomorrow, why would you lower interest rates and risk them going to 65 cents?
Yukon Cornelius
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AG
We will see. I think the verdict is still out and anyone calling it one way or another is premature.
Pichael Thompson
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Tariffs are short term, rate change is long term.... We've been in a recession for a while now


Trump is right yet again



It's always the same people complaining about everything Trump does....& yet he continues to win & prove them wrong over & over & over.... Somehow they never learn
Logos Stick
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Jeeper79 said:

Logos Stick said:

Jeeper79 said:

Logos Stick said:

Jeeper79 said:

Logos Stick said:

Jeeper79 said:

Logos Stick said:

BoydCrowder13 said:


Between tariffs and cutting rates, I can't think of a better way to revive inflation.

If tariffs are as punitive as many believe they will be, how would reducing rates have any significant impact as far as inflation? At best it will probably be a wash.
Even the pro tariff crowd has been saying their short term inflation, long term deflation.

Which supports my point.
It means that even if that's right (which I'm not sure it is), you're better off waiting for inflation to cool down. Doing it now, right before inflation goes up, isn't the right time.

It's not going to matter, imo. If the price of a new vehicle rises 10% because of tariffs - as an example - reducing borrowing costs 50%, from 5% to 2.5%, ain't gonna get people out on the lots to an extent where manufacturers are bumping the price even more. For a $50k vehicle, that's an additional $5k for the price. On a 5 year loan, that will only save $3800 at 2.5%. The monthly payment for a 5% auto loan on $50k is $946. The monthly payment for a 2.5% loan on $55k is $975.

These are going to be waterfall increases, not gradual.
Lowering interests rates risks raising inflation. That's why you don't doing it while inflation is going up.

I just gave you a solid example of why it would most likely be wash because of the tariffs! Think!
Its not just about the things you finance. If bananas at 55 cents today and tariffs make them 60 cents tomorrow, why would you lower interest rates and risk them going to 65 cents?

Rates are absolutely 100% about what you finance! You make money cheaper and people borrow more and spend it! You make it more expensive and people borrow less and thus spend less!
Jeeper79
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AG
Pichael Thompson said:

Tariffs are short term, rate change is long term.... We've been in a recession for a while now


Trump is right yet again



It's always the same people complaining about everything Trump does....& yet he continues to win & prove them wrong over & over & over.... Somehow they never learn
The only people I have blind faith in on this planet are my parents and my wife. And blind skepticism of ANY politician is healthy.
rgvag11
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We have an official nickname: Jerome "Too Late" Powell

Housing in our Country is lagging because Jerome "Too Late" Powell refuses to lower Interest Rates. Families are being hurt because Interest Rates are too high, and even our Country is having to pay a higher Rate than it should be because of "Too Late." Our Rate should be three points lower than they are, saving us $1 Trillion per year (as a Country). This stubborn guy at the Fed just doesn't get it Never did, and never will. The Board should act, but they don't have the Courage to do so! https://truthsocial.com/@realDonaldTrump/posts/114902704048179740
WestAustinAg
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AG
i think rates should go up. This would depress car demand...new house demand...weaken the tech startup nature of free money...and could ultimately cause this country to reduce spending so as to afford its debt the old fashioned way.

samurai_science
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With out current situation

Raise rates, lower economic activity.
Lower rates, increased inflation.
samurai_science
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Its going to get ugly




aggiehawg
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AG
So...about that expensive renovation to Powell's offices.

flown-the-coop
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AG
Trump spent $200 million to convert the old post office building into a luxury hotel and Powell needs 10 times that for new carpet, curtains and a larger conference table. Seems legit.

Bessent was on talking about they will announce Powells replacement December or January, at which point Powell becomes irrelevant. Some rumor Bessent may be the replacement - and continue as well in his current role.
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