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thesquanderer

(12,692 posts)

6. Inflation is rising again, and Trump wants to cut rates....

Reply to groundloop (Original post)

Fri Jul 18, 2025, 06:09 PM

Jul 18

... as if tariffs and eliminating a low-cost immigrant labor force wasn't already inflationary enough.

I can't decide how much of this is that he really doesn't care a bit about inflation, vs. how much is that he really has no clue about how the economy works.

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Highlight:

Fed's rate-cut delay intact as inflation fears override Trump pressure [View all] groundloop Jul 18 OP

Powell will deliver rate cuts in his waning months of tenure bucolic_frolic Jul 18 #1

Somehow I doubt he wants to make the bubbles in real estate and Wall Street even bigger than they are. dutch777 Jul 18 #3

FYI Upcoming Fed Meeting (via Google AI) Mike 03 Jul 18 #2

This has made me happy. ananda Jul 18 #4

The Fed has a 2% inflation mandate FredGarvin Jul 18 #5

Inflation is rising again, and Trump wants to cut rates.... thesquanderer Jul 18 #6