Ole' Donald worked on trying to intimidate the Federal Reserve Chair that he would REALLY like to replace with someone that would HE could control... It did NOT work..... Jerome Powell was NOT having it.... The chair of the Federal Reserve closed his eyes and shook his … [Read more...] about Fed Chair Powell Does NOT Back Down with Trump on the Fed’s House….
Fed Chair Powell
Trump….Interest rates….. ‘They’re too high….
Well? He got this one Right..... Hear this Fed Chief Powell? In an upcoming interview on “Meet the Press,” Donald Trump told new host Kristen Welker he thinks current interest rates are too high. “Right now, interest rates are very high,” Trump said in an interview … [Read more...] about Trump….Interest rates….. ‘They’re too high….
Labor Dept. says 311,000 jobs added in February ….
CAUTION..... This figure WILL BE adjusted next month as is the norm.... (The adjusted numbers tend to go downward) The jobless rate? Went UP..... Wages DECREASED...... The report notes that there have been ten's opf thosands of job layoff's.... As … [Read more...] about Labor Dept. says 311,000 jobs added in February ….
Fed Chair Powell admits he don’t know if his moves are gonna work….
Well? At least the guy admits what some of have known.... His efforts to drive down the American inflation is NOT working.... I'm no economist... But? The Fed is bneating down the housing market and the Stock Market with the interst hikes.... But? Consumer … [Read more...] about Fed Chair Powell admits he don’t know if his moves are gonna work….
Inflation has NOT moderated…..
Gas prices maybe dropping like a stone.... BUT? Consumer prices KEEP RISING..... I'm sorry Joe.... But on top of this? A Ressesion is brewing also.... (Big companies ARE beginning to lay people off folks...Local 'Help Wanted' signs are plentifful and?...Raises … [Read more...] about Inflation has NOT moderated…..
Fed Chief Powell says more interest rate ‘pain’….Market drops 750 points ….
Oh yea and the bean counters say inflation dropped ? Maybe gas prices... But consumer prices are STILL reaching for the sky folks.... The Ameriican economy is NOT getting better as the Fed chair(And Biden) knows.... Jerome H. Powell, the chair of the Federal Reserve, … [Read more...] about Fed Chief Powell says more interest rate ‘pain’….Market drops 750 points ….
Biden Admin slow to none on increased Banking oversight….
Politico does a piece on how President Biden has failed to move on having the Government increase bank regulation.... And? He is up against a Republican US Senate wall that has the assistance of Democratic Senator Manchin.... They won't approve key Biden job picks … [Read more...] about Biden Admin slow to none on increased Banking oversight….
Stock Market rallies on possible interest rate cut….
Trump has been leaning on Fed Chair Powell to make the cut... While American and foreign economises are slowing.... Trump wants lower interest rates to keep the economy going.... Fed Chairman Jerome Powell, in prepared remarks for Congress, reaffirmed that the Federal … [Read more...] about Stock Market rallies on possible interest rate cut….