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Political Threads This section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi:

 
 
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Old 04-06-2019, 03:10 PM   #1
wdmso
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Join Date: Jun 2012
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Quote:
Originally Posted by Jim in CT View Post
the interest rate hikes likely did slow things down. he’s right.
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That's what the feds do... they raise they lower and other things

To bad Trumps concern isn't with the long term outlook of the economy or the short term But Rather with his image ... and filling the fed with his stooges .... let's not even go down the tariff road ,,With Trump its always someone else's Fault if its not glorious
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Old 04-06-2019, 05:56 PM   #2
Jim in CT
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Quote:
Originally Posted by wdmso View Post
That's what the feds do... they raise they lower and other things

To bad Trumps concern isn't with the long term outlook of the economy or the short term But Rather with his image ... and filling the fed with his stooges .... let's not even go down the tariff road ,,With Trump its always someone else's Fault if its not glorious
i didn’t say the feds aren’t ever supposed to raise rates. but those hikes were not in response to inflation, and they probably slowed economic growth. just because trump says something, doesn’t necessarily mean he’s wrong.
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Old 04-07-2019, 05:39 AM   #3
wdmso
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Originally Posted by Jim in CT View Post
i didn’t say the feds aren’t ever supposed to raise rates. but those hikes were not in response to inflation, and they probably slowed economic growth. just because trump says something, doesn’t necessarily mean he’s wrong.
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He explained their rational March 20, 2019 Trump didn't like that response so he blames and then want to appoint stooges .because it contradicts.. the White House

Mr. Powell showed little concern about inflation (so yes the rate hike had nothing to do with that but he stated his reasons

Powell, the Fed chairman, said the economy “is in a good place” in a news conference. But he and his colleagues said growth appeared to be slowing from last year, under the weight of the Trump administration’s trade war, economic slowdowns in Europe and China and fading stimulus from the Republican tax cuts of 2017.


https://www.nytimes.com/2019/03/20/u...fed-rates.html
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