Ghostalmedia@lemmy.world to politics @lemmy.worldEnglish · edit-21 month agoDow tumbles 1200 points as Trump knocks Powell, investors await trade deals: Live updateswww.cnbc.comexternal-linkmessage-square23linkfedilinkarrow-up1276arrow-down11file-text
arrow-up1275arrow-down1external-linkDow tumbles 1200 points as Trump knocks Powell, investors await trade deals: Live updateswww.cnbc.comGhostalmedia@lemmy.world to politics @lemmy.worldEnglish · edit-21 month agomessage-square23linkfedilinkfile-text
minus-squareOptional@lemmy.worldlinkfedilinkarrow-up56·1 month ago Trump claimed that the economy would slow unless Powell — who he referred to as “Mr. Too Late, a major loser” — lowered interest rates immediately. An amazing statesman.
minus-squareMakingWork@lemmy.calinkfedilinkarrow-up38·1 month agoLowering interest rates would cause inflation to get higher. The whole point of increasing interest rates is to slow down inflation.
minus-squareReallyActuallyFrankenstein@lemmynsfw.comlinkfedilinkEnglisharrow-up29arrow-down1·1 month agoI broke this toy just to see if I could, but can you believe this guy hasn’t fixed it yet?
An amazing statesman.
Lowering interest rates would cause inflation to get higher. The whole point of increasing interest rates is to slow down inflation.
I broke this toy just to see if I could, but can you believe this guy hasn’t fixed it yet?