I thought the right wanted rates to be cut? At least I remember that being said before Trump was sworn in.BoydCrowder13 said:This would be a PERFECT time for Fed Chairman Jerome Powell to cut Interest Rates. He is always “late,” but he could now change his image, and quickly. Energy prices are down, Interest Rates are down, Inflation is down, even Eggs are down 69%, and Jobs are UP, all within two…
— Donald J. Trump Posts From His Truth Social (@TrumpDailyPosts) April 4, 2025
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 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.
The "right" wants lots of different things, news at 11.No Spin Ag said:I thought the right wanted rates to be cut? At least I remember that being said before Trump was sworn in.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.
No spin can't help itBoydCrowder13 said:No Spin Ag said:I thought the right wanted rates to be cut? At least I remember that being said before Trump was sworn in.BoydCrowder13 said:This would be a PERFECT time for Fed Chairman Jerome Powell to cut Interest Rates. He is always “late,” but he could now change his image, and quickly. Energy prices are down, Interest Rates are down, Inflation is down, even Eggs are down 69%, and Jobs are UP, all within two…
— Donald J. Trump Posts From His Truth Social (@TrumpDailyPosts) April 4, 2025
Like clockwork. We will see what Powell says.
Between tariffs and cutting rates, I can't think of a better way to revive inflation.
Most here have argued that rates were cut too quickly and for political reasons. And led to inflation staying in the 3% range.
Gotcha.BoydCrowder13 said:No Spin Ag said:I thought the right wanted rates to be cut? At least I remember that being said before Trump was sworn in.BoydCrowder13 said:This would be a PERFECT time for Fed Chairman Jerome Powell to cut Interest Rates. He is always “late,” but he could now change his image, and quickly. Energy prices are down, Interest Rates are down, Inflation is down, even Eggs are down 69%, and Jobs are UP, all within two…
— Donald J. Trump Posts From His Truth Social (@TrumpDailyPosts) April 4, 2025
Like clockwork. We will see what Powell says.
Between tariffs and cutting rates, I can't think of a better way to revive inflation.
Most here have argued that rates were cut too quickly and for political reasons. And led to inflation staying in the 3% range.
Cutting rates would be monumentally stupid.No Spin Ag said:Gotcha.BoydCrowder13 said:No Spin Ag said:I thought the right wanted rates to be cut? At least I remember that being said before Trump was sworn in.BoydCrowder13 said:This would be a PERFECT time for Fed Chairman Jerome Powell to cut Interest Rates. He is always “late,” but he could now change his image, and quickly. Energy prices are down, Interest Rates are down, Inflation is down, even Eggs are down 69%, and Jobs are UP, all within two…
— Donald J. Trump Posts From His Truth Social (@TrumpDailyPosts) April 4, 2025
Like clockwork. We will see what Powell says.
Between tariffs and cutting rates, I can't think of a better way to revive inflation.
Most here have argued that rates were cut too quickly and for political reasons. And led to inflation staying in the 3% range.
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?
BoydCrowder13 said:
Between tariffs and cutting rates, I can't think of a better way to revive inflation.
Even the pro tariff crowd has been saying they're short term inflation, long term deflation.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.
Jeeper79 said:Even the pro tariff crowd has been saying their short term inflation, long term deflation.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.
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.Logos Stick said:Jeeper79 said:Even the pro tariff crowd has been saying their short term inflation, long term deflation.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.
Which supports my point.
This time he made sure there would be no more adults in the roomJeeper79 said:
Seriously, who's advising this guy?
Actual Talking Thermos said:This time he made sure there would be no more adults in the roomJeeper79 said:
Seriously, who's advising this guy?
Jeeper79 said: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.Logos Stick said:Jeeper79 said:Even the pro tariff crowd has been saying their short term inflation, long term deflation.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.
Which supports my point.
Jeeper79 said: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.Logos Stick said:Jeeper79 said:Even the pro tariff crowd has been saying their short term inflation, long term deflation.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.
Which supports my point.
Seriously, who's advising this guy?
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.
Lowering interests rates risks raising inflation. That's why you don't doing it while inflation is going up.Logos Stick said:Jeeper79 said: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.Logos Stick said:Jeeper79 said:Even the pro tariff crowd has been saying their short term inflation, long term deflation.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.
Which supports my point.
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.
Jeeper79 said:Lowering interests rates risks raising inflation. That's why you don't doing it while inflation is going up.Logos Stick said:Jeeper79 said: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.Logos Stick said:Jeeper79 said:Even the pro tariff crowd has been saying their short term inflation, long term deflation.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.
Which supports my point.
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.
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?Logos Stick said:Jeeper79 said:Lowering interests rates risks raising inflation. That's why you don't doing it while inflation is going up.Logos Stick said:Jeeper79 said: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.Logos Stick said:Jeeper79 said:Even the pro tariff crowd has been saying their short term inflation, long term deflation.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.
Which supports my point.
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.
I just gave you a solid example of why it would most likely be wash because of the tariffs! Think!
Jeeper79 said: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?Logos Stick said:Jeeper79 said:Lowering interests rates risks raising inflation. That's why you don't doing it while inflation is going up.Logos Stick said:Jeeper79 said: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.Logos Stick said:Jeeper79 said:Even the pro tariff crowd has been saying their short term inflation, long term deflation.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.
Which supports my point.
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.
I just gave you a solid example of why it would most likely be wash because of the tariffs! Think!
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.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
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