Got it. It sounded very much like you were saying the rate would go up in response to inflation, not that Powell would raise the rate as a response to inflation. Which would definitely cause things to come to a head between him and Trump. If he does that, it might be the last rate move he gets to make.
I’m just watching from the sidelines with popcorn. Nothing I have any say over.
Things are already at a head. That’s why trump is trying to take things to the court of public opinion, and furiously pounding the table all the while. He knows he doesn’t have the power to change things, and is throwing a tantrum
Got it. It sounded very much like you were saying the rate would go up in response to inflation, not that Powell would raise the rate as a response to inflation. Which would definitely cause things to come to a head between him and Trump. If he does that, it might be the last rate move he gets to make.
I’m just watching from the sidelines with popcorn. Nothing I have any say over.
Things are already at a head. That’s why trump is trying to take things to the court of public opinion, and furiously pounding the table all the while. He knows he doesn’t have the power to change things, and is throwing a tantrum