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Turbineguy

(39,932 posts)

16. The Fed's been buying

Reply to avlbeerfan (Reply #13)

Mon Nov 18, 2019, 06:13 PM

Nov 2019

treasuries. $60 Billion per month.

Trump's comment:
"Just finished a very good & cordial meeting at the White House with Jay Powell of the Federal Reserve. Everything was discussed including interest rates, negative interest, low inflation, easing, Dollar strength & its effect on manufacturing, trade with China, E.U. & others, etc."

So you're likely right. There's trouble on the horizon.

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Highlight:

President Trump just had a White House meeting with the Fed Chair. Fed statement afterward... [View all] demmiblue Nov 2019 OP

Trump trying to do a re-fi Turbineguy Nov 2019 #1

This is my educated guess as well! MF45 has OBSESSED over cutting interest rates. MFGsunny Nov 2019 #7

Yupper, Wellstone ruled Nov 2019 #12

trying to look presidential and then brag about the economy mucifer Nov 2019 #2

What does that mean in real words? Srkdqltr Nov 2019 #3

No clue what he's up to. Mike 03 Nov 2019 #4

Policy based on information and real world conditions? gratuitous Nov 2019 #5

The Twit tweets: Just finished a very good & cordial meeting at the White House with Jay Powell... demmiblue Nov 2019 #6

Everything Around Trump Is Crumbling - He Needs Something To.... global1 Nov 2019 #10

Negative interest rates?Holy crap! RichardRay Nov 2019 #15

More than likely the ignoramus was threatening the malaise Nov 2019 #8

He's trying to manipulate monetary policy (rates) to make himself look better. NightWatcher Nov 2019 #9

Yup pandr32 Nov 2019 #11

TBTF bank in trouble avlbeerfan Nov 2019 #13

The Fed's been buying Turbineguy Nov 2019 #16

If he wants him to cut rates then this puts Powell in a pretty awkward position jcgoldie Nov 2019 #14