Geneva Olson
Expert Storyteller
I get it. you hate trump.You keep going on about Jerome Powell (I assume because Trump does), but it's not like he's the god-king of the Federal Reserve, it's a board of (I believe) 12. If I remember correctly, 10 out of 12 on the board voted to keep the rate at what it is. You really think Trump knows better than every person on that board? Of course he wants it lowered, he wants nothing more in life than to look like a big, strong, smart boy. Probably a good thing they didn't lower it considering the dismal job report that just came out. And he just fired the head of the BLS because the numbers made him look bad. He's a pathetic child.
No, I'm not goinng on about it because trump said. I'm going on about it because there's no reason to keep the interest rate at the level it's at. It's causing a stagnant housing market. and other things. The inflation rate has slowed AGAIN and is at the level it was supposed to be when Jerome Powell said it would need to be in order to drop the interest rate. I'm not partisan but Jerome Powell is.

