Despite all the economic indicators pointing to a cut in interest rates, Jerome Powell will leave them unchanged at 4.50% and 7% mortgages. Europe has cut their interest rates eleven times. A cut would be great for the housing market.
The stock market is going down, down, down on the news, making Powell very happy.
He is blaming President Trump’s tariffs for price increases.
“Increased tariffs are pushing up prices. Near-term measures of inflation expectations have moved up.”
Inflation has gone down from 2.7% to 2.5, but still over 2%. Powell won’t budge.
Jerome Powell leaves interest rates unchanged despite a decrease in inflation. – 7/30/2025 pic.twitter.com/E3lQLgJ472
— RSBN (@RSBNetwork) July 30, 2025
BREAKING: Jerome Powell keeps rates unchanged, blames Trump’s tariffs for higher prices, and says inflation expectations are rising:
“Increased tariffs are pushing up prices. Near-term measures of inflation expectations have moved up.”
pic.twitter.com/5BvUidQY7r— Benny Johnson (@bennyjohnson) July 30, 2025
Each point costs us $365 billion. It is trillions of dollars lost over a decade, thanks to the Feds.
Powell acts like he’s saving the economy while taxpayers are left footing the bill.
Can tariffs cause inflation? Tariffs are not inflation.
However, the problem is the Biden spending parasite is alive and well. Unless Congress stops spending, all this is for naught.
We’ve seen essentially zero tariff inflation after 4 months.
Jerome Powell keeps warning it’s right around the corner. While Secretary Bessent claims tariffs “cannot” cause inflation.
So who’s right. pic.twitter.com/0AgBx6e1y3
— Peter St Onge, Ph.D. (@profstonge) July 18, 2025
Should we listen to the economic illiterate, elizabeth Warren?
2024 Elizabeth Warren: Jerome Powell needs to cut interest rates.
2025 Elizabeth Warren: Trump needs to stop calling for Jerome Powell to cut interest rates.pic.twitter.com/jDG15KJNBk
— MAZE (@mazemoore) July 30, 2025
The losses the United States are experiencing by Powell’s actions should be calculated and he and the board members of the Federal Reserve should be held personally financially accountable.
Fire him!!!
The markets are going down as I am typing this
It is what Trump-hating Powell wanted.
That is why he refused to lower rates. He knw what it would do.
He does not like it that with Trump the economy is doing well.
Powell is guilty of sabotaging the economy.
Who is correct? It sure isn’t Powell. Minimally, a 1% re3duction should be trialed. High interest rates also push money to the USA to lock in high government bond rates. I would think that would be more likely to increase inflation, but I am just a layman.