
Phyrex|May 17, 2025 17:11
🤣 In fact, no matter whether the interest rate is lowered or not, Trump will repeatedly play tricks on tariffs. To be honest, I can understand Powell's feelings at present, because if inflation is down, it is the President's credit. If inflation is up, it is the Federal Reserve's pot. If the economy is getting better, it is the President's credit. If the economy is in recession, it is because the Federal Reserve is too slow to cut interest rates.
Because the ultimate management of interest rates is still in the hands of the Federal Reserve, if the Fed had started cutting interest rates at the beginning of the year, the tariffs that began in February would still cause a sharp drop in the US stock market, and the suspension of tariffs in April would still cause a sharp rise in the US stock market.
But if inflation in the United States starts to rise in July, with increased consumption, rising prices, and decreasing wages, the Fed will ultimately bear the blame.
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