
Satoshi Flipper|Jun 19, 2025 14:16
I have issues with "too late" Powell. I don't trust a word Powell said yesterday about growth, employment and tariff inflation, dude is washed. His approach to monetary policy recently is shady AF. There's no reason to keep rates this high, especially when the US has huge interest rate payments to make. Then he talks about the rest of the year without even taking into consideration all the elements of the Big Beautiful Bill soon to pass? Makes no sense. We're going to create tons of jobs. And there's zero inflation from tariffs. And last, his comments were literally in direct conflict with what his OWN Atlanta Federal Reserve is saying about growth right now ... as of yesterday estimated to come in at 3.4% for Q2. That implies Q3 + Q4 could only get better after the Big Beautiful Bill kicks in. It's frustrating 😤😤
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