Trump is way too demented to understand this.
I'm actually surprised he hasn't just fired the people in his admin that are there to advise him, cause u know him, he can do it himself right?
This inflation is self-inflicted, and cutting rates won't fix it.
Your tariffs raised core goods prices by 3.3% as of now, the Fed's own analysis says tariffs explain the ENTIRE excess inflation in that category. Add the Iran war you started, oil's over $95 a barrel now, and you've got a textbook supply-side price shock.
Cutting interest rates doesn't lower the cost of a tariff or a barrel of oil. It just makes borrowing cheaper, which pumps MORE demand into an economy already struggling with higher costs. That's pouring gasoline on the exact fire you lit.
You could cut rates to zero tomorrow and grocery prices, gas prices, and tariffed goods would still cost what they cost. Because the problem was never the interest rate or demand. It's the unauthorized war and the stupid tariffs. You made this. Now you want the Fed to bail you out for it.
@wynneflh This fucking idiot hasn't built anything, he's the dumb one, he got his dad's brains LoL.
After trump is long gone, the ballroom will be repurposed into something useful, more office space.