Banking, Business, Economy

[Fed Chairman] “Powell Takes Center Stage, With Wall Street and Washington Watching”

“The Fed chief is expected to address inflation, interest rates and the economy in his speech on Friday…”

https://www.nytimes.com/2025/08/22/business/dealbook/powell-trump-jackson-hole.html?unlocked_article_code=1.gE8.J7Kc.wOqjmzMFHG1Q&smid=url-share

I don’t really care to much about the article. It’s just there to let everyone know when the Fed Chair is speaking. What I do what to say is Powell will do everything is his power to hurt the economy; at least from Trump’s perspective. What do I mean by that? I mean He is not going to lower interest rates. The way Trump wants to grow the economy is thought leveraging debt and economic growth. [Be it jobs, tariffs, economic agreements with other counties, etc…]

Unlike the President I think interest rates should be raised not lowered. The worst possible move is holding interest rates steady. Since that is the worst possible move Powell will chose that action. Watch and see. Honestly he needs to be fired.

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