Anonymous #1 4w

This man gave us a soft landing. This puts him above Volcker

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Anonymous #2 4w

The same guy that hasn’t lowered interest rates in like 5 years?..

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Anonymous #1 4w

YoY inflation rates are still above target and unemployment rates are still pretty stable. There really isn’t any sign the Fed should cut rates

18

Anonymous #2 4w

Also government deficits are probably gonna be higher under Trump due to tax cuts. Expansionary fiscal policy should be counteracted with contractionary monetary policy

11

Anonymous #2 4w

Unemployment rate is at the highest it’s been in 4 years 😑 inflation is literally untenable. Housing prices are the highest they’ve ever been and you can’t get a mortgage because the interest rates are so high, can’t get a car for a the same reason.

0

Anonymous #1 4w

Cutting rates would accelerate inflation and housing prices. As for the unemployment rate: the lowest it has ever been in the last 4 years is 3.5% which isn’t all that different from 4.4% (what it is currently) and is a far cry from what it was during the height of the pandemic (14.8%)

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Anonymous #2 4w

What Powell did by hiking rates was replace an economy with 3.5% unemployment rate with a CPI inflation rate near the double digits with an economy with a slightly higher unemployment rate and a much lower inflation rate. I think that’s a good trade off

8