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Trump: ‘Lowering Of Rates’ By ‘Like One Point’ Will Make Us Go ‘Up Like Rocket’, Weeee!
Donald Trump (who is still pushing Stephen Moore's Fed bid despite Moore's professed affinity for putting literal children to work in factories as a way of "getting more Americans into the labor force"), cranked up the pressure on Jerome Powell a day ahead of an FOMC decision which is expected to produce a "dovish hold".
On Friday, following an advance read on Q1 GDP that showed the US economy expanding at a 3.2% annualized clip (well ahead of even the most optimistic projections), Larry Kudlow
Sorry, BLS, your method for calculating inflation is hopelessly out of date. Inflation is not “low.” I’d guess that “real” inflation in the economy is running closer to 3 percent than the “offciail” sub 2 percent.
I totally agree but the moron will be re-elected because the Dems will nominate a greater moron and the voters will go with the lesser moron. And the US will go further down the rabbit hole.
Lol he can’t even say “quantitative tightening” without pausing first