No

He’s the expert. Not me.

Nope

A very tough situation as inflation has been creeping back up but the labor market is also weakening. Inflation will likely continue to increase due to Trump's tax hikes. A cut is likely better than another pause considering the huge increase in US debt due to Trump's tax breaks for the rich

Yes and hopefully inflation keeps ticking up as a result. We need the economy to worsen significantly before the mid terms

Don't ask me. Ask an expert in economics.

If it brings mortgage interest rates down, then yes. Very few can afford a home at 7%!

And what do you think's going to happen when the mortgage rate is 3% again but houses are 700,000 for a one bedroom in Des Moines..? Because your average dirtbag working at Walmart can't afford a house whether the interest rate is 0% or 100%. It's Blackstone.

This is a period of galloping inflation. Giddyup

nope. but he will get blamed by Trump regardless of what he does

Not until inflation under wraps

Rates go up, housing market crash?

No. Just for spite.

My thoughts exactly

Hard spot. It's a tool that only moves in two directions. Trump is sabotaging the economy which might force cuts to try and spur growth....which it will...for those who have capital on hand. But it will not benefit most people long term.

No, inflation is still too high. They need to raise it to get inflation down to zero. Or better negative so prices go down.

Nope, we need to save the fuel

No. He also had major caveats to that forecast. Since from here on forward no statistics can be trusted I say wait.

Should he for economic reasons? No. Should he for "not ending up having the FBI search his house and take him away to a prison camp" reasons? Yes.

No.

lol no

No, simply because Trump wants him to.

With regard to overall US macroeconomics no. However, if he can get away with a small cut to keep an adult in leadership at the federal reserve, then yeah.

Only until next year. Then the floodgates open

Good point

No no no. PCE will come in hot and the CPI will continue to pick up. If the Fed does a 0.25% cut, they'll probably have to follow by raising 0.50%. Can't people understand we're headed or already in a classic stagflationary environment? You have to kill inflation first by destroying demand, unfort.

With 10% annuities, fuck no!

No

He contradicted Donald Trump on live TV (regarding the cost of the Fed renovations) and was obviously right. (Trump had included the cost of a building that was completed years ago.) So he's toast no matter what he does, he might as well do the right thing. We won't know what that is until the new

jobs and inflation numbers come out.

From an economic standpoint? Not! But he’ll do it because of the pressure. Definitely not a 0.5 basis point cut— rather 0.25.

The better question is whether it would make a difference. Will a rate cut magically make foreign governments start buying US debt again? Especially when signs are pointing to a US default on those debts?

As long as HE thinks it's best, and not feeling the pressure of the knee on his neck.

I’m no economist but damn we just had a 38% increase in food prices with no end in sight. I’d say I trust Powell but so many have caved to Trump. I no longer know.

If he doesn't cut, Donald may cut his position from the Fed.

Yes he should. Give em what they want. Maybe when inflation keeps rising and stagflation or recession hits and the fed has no more tools....

You know what, I'm ready to see the U.S. economy crash and burn, so yeah, DO IT! F*CK THIS SHITHOLE COUNTRY! IT'S NOTHING MORE THAN A GIANT, GREEDY PRIVATE EQUITY ENTITY AT THIS POINT.

Nope. Inflation is so high and it'll fuck up the economy even more.

NO

No.

not when inflation goes up. MAGA will lie about inflation to get the cut he wants. all a lie.

No, End of October PPI data will be worse and the tourism profits should be in probably bad.

After the wholesale inflation numbers, no way.

hold the line, no rate changes for the next 4 years lol

No you fucking idiot but he will be forced to by all of the fucking idiots like you.

If we start a revolution and completely take over, could we then do a real investigation on Epstein’s list? I would love for the coverup to end.

My understanding of what he said is that tariffs are a structural change & fed can’t control inflation due to bad policy. It can, however, help prevent job losses that will come from inflation by cutting. He also expects inflation to plummet when the economy predictably crashes from inflation.

He seems to expect crippling unemployment, zero spending, & economic apocalypse by early next year. Very not good. & absolutely backed up by what I hear in meetings at work.

Fuck no.

Depends we are in stagflation. So cut and help labor market but risk inflation. Don't cut and risk labor market.

Powell is not as stupid as the fools around Diaper Don. He knows the Economy is already on life support. A rate cut would light the fuse on the inflation bomb waiting for any excuse to blow. We live on a knife-edge, balanced between delight and destruction, trending to the latter, for far too long.

No

Considering we're about to see an uncontrollable wave of inflation - sure great yeah cut the rate let's just watch everything burn The next thing you will see as prices spiral out of control will be price control efforts. Trump will try to tell businesses what they can and cannot charge for things.

Trump is in the Epstein files.

I’m no economist so… I can’t answer. however, based on the reaction of this vibes market i’d say no. based on the reaction of other economists i’d say hard to say

No. It’ll just bring stagflation on faster.

I only say yes because my house is on the market and interest rate drops are good for selling. 😬

why you asking him?

If he thinks it is in Americans best interests

in during stagflation

No. He should wait until January.

Sure, send the DXY below 78 Friday after his commentary:

*sigh*...That's barely a one-point job. Once again I am asking you people to start your graphs at zero.

Cutting 25 basis is symbolic at best. I expect inflation to rise to the mid to upper 3% range. I don't expect another rate cut this year. I expect earnings to degrade as some tariffs are absorbed by the companies & prices rise as some are passed on. This will add pressure to the labor market & wages

Will they cut? Maybe. Remember, it's the consensus of the governors, not the chairman, that sets the rate

No, not until inflation is under 2%

he never said "Rate Cut" he said "Rate adjustment" 😂😈 Raise the rates, JP!