Showing posts with label Jerome Powell. Show all posts
Showing posts with label Jerome Powell. Show all posts
Wednesday, June 25, 2025

Methinks J. D. Vance doth protest too much about Jerome Powell

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  It backfired on Powell, though.   Yields climbed in response. 10Y went from 3.63 on Sep 16 to 4.37 by Nov 1. And core PCE inflation shot b...
Thursday, June 12, 2025

It's stupid for Trump to riff off today's producer price report and call Jay Powell names because the number is likely to be revised higher, and besides, that's just poor form, old boy

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   May 2025 core producer prices, aka core wholesale prices, were reported today up 3.02% year over year. That will doubtlessly be revised u...

What they lack in intelligence they make up for in bad manners

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  Trump calls Fed chief Powell ‘numbskull’ as he urges interest rate cut   ... Trump claimed at the White House that lowering rates by 2 per...
Thursday, May 8, 2025

Trump calls Powell a fool for not lowering rates, yields rise in response lol

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  Trump calls Fed Chair Jerome Powell a ‘fool’ after central bank keeps rates steady again      
Monday, April 21, 2025

Mad King Ludwig is in a foul mood this Easter Monday because the Supreme Court ruined his weekend deportation plans

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  Trump ramps up attacks on Powell, demands ‘loser’ Fed chair lower rates ‘NOW’  
Wednesday, December 18, 2024

The Fed Chair Jerome Powell gave them what they wanted, a one quarter point interest rate cut, and the spoiled markets threw a fit anyway because of what he said about next year

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The S&P 500 Equal Weight Index is down almost 7% this month, to date. Meanwhile, more inflation for the rest of us, which Powell has nev...
Friday, November 15, 2024

The stock market cheerleaders/Fed rate cut cheerleaders at CNBC, but I repeat myself, lied by omission about wholesale price increases yesterday, but CNN told the truth

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 CNBC: Wholesale prices rose 0.2% in October, in line with expectations Wholesale prices nudged higher in October, though largely in line w...
Friday, September 20, 2024

CNBC fact-checks Joe Biden, now that it doesn't matter

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 But the article name-checks Donald Trump five times because he's an opponent of Fed decisions. There's a whole movement out there ...
Monday, September 16, 2024

Big-spending inflation-stimulating Democrat Senators Warren, Whitehouse, and Hickenlooper interfere with the independence of Fed Chair Powell, pressure him to cut interest rates by 75 basis points

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 Their letter is here .  
Friday, April 5, 2024

Foreign born employment in the US has grown by just 2.4 million on average from 2019 to 2023, and we're supposed to believe with Jay Powell that 10 million illegals flooding into the country are working

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 Who appointed this joker anyhow?

Fed Chair Jerome Powell Comedy Hour: All those hordes of illegals coming across the border the last two years have been filling the jobs employers couldn't fill, making the economy grow 3%

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 The laughs are here : Fed Chair Jerome Powell: Immigration The Reason Why The Economy Grew 3% In A Year, "We've Needed More People...
Monday, March 25, 2024

Just a reminder that the Fed said all these purchases it made in 2008 and again in 2020 were just temporary

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Now Fed Chair Powell has just said it's time for the pace of the roll-off to slow. That's the curved line slowly trending down from ...
Thursday, March 21, 2024

Jerome "Arthur Burns" Powell ignites gold fever

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The London PM gold fix soared 437% between 1970 and 1978 using average prices. Gold is up about 60% since Powell became Fed Chair in Februar...
Friday, January 26, 2024

Core pce inflation is out and shows itself running ahead of the 10-year US Treasury yield for four consecutive years 2020-2023, which is unprecedented

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Jerome Powell is the biggest phony inflation fighter the country has ever seen. He was appointed by Trump! So much winning! Core pce inflat...
Thursday, January 11, 2024

Jay Powell's inflation has been bery bery good for corporate profits and a federal government drunk on debt

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Jay Powell's wimpy response to inflation let core CPI inflation run ahead of the US 10-year for an unprecedented five consecutive years 2019-2023 on an average annual basis

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 Jay Powell is much worse than Burns. Jay is the money men's best friend ever.  
Thursday, December 21, 2023

3Q2023 core inflation at 2% vindicates Powell's March 2021 prediction that inflation would be transitory

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Friday, September 29, 2023

The three year and five month embarrassment of core inflation higher than the 10-year Treasury yield finally ended in August

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 Yield for the 10-year US Treasury rose to an average 4.17% in August 2023 while core inflation year over year fell to 3.87% in August 2023....
Sunday, September 17, 2023

We've had an unprecedented three consecutive years now where inflation has remained higher than the 10-year UST yield on an average annual basis, and our hapless FOMC looks set to make it four

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 There were just two years of this in the 1970s inflation, and they too were consecutive. Anyone who calls Jerome Powell an inflation fighte...
Wednesday, September 6, 2023

Chris Christie credits Fed interest rate policy for denting government-spending-induced inflation but misses the role of collapsing energy prices

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 Chris Christie is a smart guy with many of the right ideas about government spending, taxes, inflation, energy, and the environment. But it...