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gab13by13

(31,535 posts)
Thu Apr 3, 2025, 07:48 PM Apr 2025

Krasnov Put Jerome Powell In A No Win Situation [View all]

The Fed wants to keep employment high and inflation low.

With Krasnov's tariffs, economists are predicting big time unemployment, near zero GDP, a recession.

With Krasnov's tariffs economists are predicting inflation somewhere between 3 - 5 percent, its goal to lower interest rates is 2%.

If Jerome raises interest rates he may help cause a recession. If he lowers interest rates he may cause inflation to rise to 5% which may help cause a recession.

Jerome has a 3rd choice, do nothing and ride this out.

We all know that Krasnov wants lower interest rates so I am guessing that's what Jerome will do.

I saw this bumper sticker today - ARE WE GREAT YET?

https://www.msn.com/en-us/money/markets/federal-reserve-is-unlikely-to-rescue-markets-and-economy-from-tariff-turmoil-anytime-soon/ar-AA1CfkfQ?ocid=msedgdhp&pc=HCTS&cvid=e1bd259ee2cb403897c0a9f6d204a813&ei=48

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