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Economy

Fiendish Thingy

(19,320 posts)

5. So many nicknames, so little clarity

Reply to peppertree (Reply #3)

Tue Nov 14, 2023, 11:25 AM

Nov 2023

I have seen no evidence that Powell wants Trump to be re-elected.

When congress refuses to act (by raising taxes or legislating against corporate profiteering and price gouging), interest hikes are the only remaining tool against inflation. If Powell hadn’t hiked rates over the past 18 months, we’d be looking at 12-15% inflation, which would almost certainly guarantee Trump’s re-election.

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GoodRaisin

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Highlight:

US Inflation Report to Keep Fed Leaning Toward More Rate Hikes [View all] mahatmakanejeeves Nov 2023 OP

Except the report showed lower than expected numbers. Fiendish Thingy Nov 2023 #1

Exactly. The problem is that Scary Jerry wants Needy Amin back in office peppertree Nov 2023 #3

So many nicknames, so little clarity Fiendish Thingy Nov 2023 #5

Bloomberg Economics wrong again. texasfiddler Nov 2023 #2

True. What they fail (or refuse) to see is that Powell is putting his thumb on the scale for Cheeto peppertree Nov 2023 #4

You simply don't know what you're taking about. Nt Fiendish Thingy Nov 2023 #6

Economists surveyed by Dow Jones missed by 0.1 percentage points on the high side on all measures progree Nov 2023 #7

GRAPHS: month-by month bar graph and rolling 3 months progree Nov 2023 #8

Damn, and this from Bloomberg. elleng Nov 2023 #9

This article went online at midnight, eight and a half hours before the BLS released its report. mahatmakanejeeves Nov 2023 #10

Thanks. They'd better change the damned headline. elleng Nov 2023 #11