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- Hacker News
- So Trump spent weeks on a fake fraud investigation into Powell to try and force him out because he would not cut the rate, fails at that, then finally gets his choice in place and the dude raises rates almost immediately?by eightman
- by xnx
- Meanwhile Bessent is buying long dated bonds and selling short dated, betting the yields will go down.
Dear US, try not to take the rest of the world with you when. You implode.
by benj111 - The government has fully lost control of the long-term Treasury yield - this is their attempt to bring it back under control.
I expect to see the president fire the Fed, nationalise it and make the rates negative, collapsing the economy.
by mitxela - This wont do absolutely nothing whatsoever to bring down inflation. Interest rates don't open the Straight of Hormuz, don't increase production of oil or any other commodities. the only way interest rates affect anything is when they meaningfully decrease investment, consumption, in other words a recession or depression.by blahblaher
- This administration wants lower rates. Also this administration does everything it can to increase inflation such as tariffs and starting another endless war in the middle east.by aurareturn
- This is basically self inflicted, as usual messing up in the Middle East always ends up with consumer paying the price for their ruler's stupidity
"Oh no, my drinking water tastes like crap after I pooped in the well"
by qalmakka