Ghostalmedia@lemmy.world to politics @lemmy.worldEnglish · edit-22 days agoDow tumbles 1200 points as Trump knocks Powell, investors await trade deals: Live updateswww.cnbc.comexternal-linkmessage-square23fedilinkarrow-up1273arrow-down11file-text
arrow-up1272arrow-down1external-linkDow tumbles 1200 points as Trump knocks Powell, investors await trade deals: Live updateswww.cnbc.comGhostalmedia@lemmy.world to politics @lemmy.worldEnglish · edit-22 days agomessage-square23fedilinkfile-text
minus-squareOptional@lemmy.worldlinkfedilinkarrow-up56·2 days 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-up38·2 days 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-down1·2 days 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?