http://www.msn.com/… The US Federal Reserve cut the prime interest rate this morning by 0.5% in an attempt to ward off a recession and market crash due to coronavirus disruptions of the world economy. The Fed lowered its key federal fund rates by half a percentage point to a range of 1% to 1.25%, the central bank…
Category: InterestRates
Fed Panics and Cuts Interest Rate to Avert Trump Recession; Stocks Plunge Again
http://www.msn.com/… The US Federal Reserve cut the prime interest rate this morning by 0.5% in an attempt to ward off a recession and market crash due to coronavirus disruptions of the world economy. The Fed lowered its key federal fund rates by half a percentage point to a range of 1% to 1.25%, the central bank…
Is Trump Tweeting About His Economy, or the U.S. Economy?
Cheeto Mussolini is up early this morning and thinking about what else he could do to screw over the U.S. — he came up with this…. x ….The USA should always be paying the the lowest rate. No Inflation! It is only the naïveté of Jay Powell and the Federal Reserve that doesn’t allow us to…
Hard Evidence Trump will Benefit from the Rate Cuts He's Demanding
Trump has been demanding rate cuts from the Fed ever since he took office. Lately he’s been even more vehement, denouncing Fed chairman Jerome Powell for not dropping rates even more and comparing him to China’s Xi as the “enemy.” It’s no secret that Trump is pushing lower rates because he’s terrified of an economic…
Trump thought Janet Yellen was too short to run the Fed
Donald Trump is upset about his own decision to tap Jerome Powell as Fed chair, no doubt because he wants an unsustainable economic sugar high that doesn’t end until he’s out of office (i.e., because he doesn’t care about the country or anyone in it). Powell has been raising interest rates because that’s what Fed chairs…
The return of the spend-and-not-tax Republicans
Like a recurring biblical plague, they descend across the country. Despite the repeated warnings from both experts and lay persons of good faith and common sense, the media and tens of millions of people are nevertheless still shocked by their arrival. As predicted, they devastate everything in their path, leaving a swath of destruction in…
