General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsKudlow warns that Trump & Republicans will pound the Federal Reserve Chairman if he cuts rates during an election year
Link to tweet
honest.abe
(9,238 posts)sickening
Think. Again.
(22,456 posts)hlthe2b
(113,215 posts)Go to hell, Kudlow. You've earned your stay.
Irish_Dem
(80,420 posts)BootinUp
(51,035 posts)spooky3
(38,393 posts)brewens
(15,359 posts)Lovie777
(22,282 posts)is the courage to do the right thing.
RKP5637
(67,112 posts)bucolic_frolic
(54,497 posts)Him and Navarro really irk me.
WarGamer
(18,329 posts)You don't cut rates when UE is super low and incomes are rising and the markets are booming (according to the Fed)
gab13by13
(31,627 posts)It just seems to me that everything the fed does is centered around a number 2.0 or 2.5 inflation rate, why?
Maybe the economy will run just fine at 3.0?
People can rig inflation. Just the talk of an Israeli/Iranian war moved oil prices to $90 a gallon. The prices of consumer goods increased during Covid because of a lack of supply, when do the prices go back down?
Negative Fed speak by the fed Minneapolis president tanked the market, now there are people talking about raising interest rates again. I am just a paranoid person I guess, what is so magical about the 2.0 inflation number?
I just learned that there has only been one Democratic Fed chair, Janet Yellen.
WarGamer
(18,329 posts)And gov't can't afford 4% COLA to SS
gab13by13
(31,627 posts)The only change I made was not going into debt, I pay cash for everything. I even buy organic food, um the milk tastes better.
That COLA SS raise isnt even based on what it should be. Still not totally convinced but getting there.
Greybnk48
(10,695 posts)political propagandist. Calling him an "economist" is like saying the Republican Party is "the conservative party," or "the party of law and order." His ONLY degree is a BA in History 1969. He APPLIED to Princeton, but no MA degree. NADA. I don't think he ever actually attended. Just applied, and then put Princeton on his resume
''According to The Economist, Kudlow is "the quintessential member of the Republican Party's business wing."[7] Although in the media, Kudlow regularly comments on economic matters and served as Bear Stearns's chief economist from 1987 until 1994, he has no formal economics qualifications.[7]"
From Wikipedia
