Trump Whines That Fed Is 'playing Politics' With Rate Cut

Susie Madrak, Crooks and Liars
Thu, 09/19/2024 - 6:30am

The Federal Reserve cut its key interest rate by 0.5 percent, or 50 basis points, yesterday, triggering a pout by a certain Orange Cheeto. Via The Daily Beast: Asked for his reaction at a New York City campaign stop, the former president said, “I guess it shows the economy is very bad to cut it by that much—assuming they’re not just playing politics.

Place your ad here
Loading...

BING NEWS:

Republicans Are Livid About … the Fed Lowering Interest Rates
Donald Trump and Republicans accused the Federal Reserve of election interference after the central bank slashed interest rates.
09/19/2024 - 3:23 am | View Link
Potential political implications of the Federal Reserve rate cut
Questions remain about whether or not there will be any political implications because of the Federal Reserve's decision to cut interest rates less than 50 days before an election.
09/19/2024 - 3:18 am | View Link
The Fed's interest-rate cut put Trump even more at odds with the central bank
Donald Trump has argued that the Fed would only cut interest rates close to the election to help his political opponents.
09/19/2024 - 2:42 am | View Link
Trump Whines That Fed Is 'Playing Politics' With Rate Cut
Earlier in the day, the Fed cut its key borrowing rate from 5.25 to 5.50 percent—setting banks’ short-term borrowing rates between 4.75 and 5 percent. Markets rose immediately on the cut, the biggest ...
09/19/2024 - 2:31 am | View Link
Jerome Powell has been clear Fed decisions have nothing to do with politics. Politicians didn’t get the memo
"We're always going into this meeting and asking 'What's the right thing to do for the people we serve?' We do that and we make a decision as a group and then we announce it. That's always what it is, ...
09/18/2024 - 11:54 pm | View Link
More

More Movie News

More Politics News

Teamsters Union Declines to Endorse Trump or Harris for President
Time, Thursday - 09/19/2024 - 11:07 AM
(WASHINGTON) — The International Brotherhood of Teamsters declined Wednesday to endorse Kamala Harris or Donald Trump for president, saying neither candidate had sufficient support from the 1.3 million-member union. [time-brightcove not-tgx=”true”] “Unfortunately, neither major candidate was able to make serious commitments to our union to ensure the interests of working people are always put before Big Business,” Teamsters President Sean M.
More | Talk | Read It Later | Share
Buttigieg Is Playing the Role of J.D. Vance in Debate Prep
Political Wire, Thursday - 09/19/2024 - 11:06 AM
Gov. Tim Walz is intensifying his preparations for the vice-presidential debate with Transportation Secretary Pete Buttigieg serving as a stand-in for his opponent, Sen. J. D. Vance, the New York Times reports.
More | Talk | Read It Later | Share
New study: 20% of children have ‘few to no’ pals
American Thinker, Thursday - 09/19/2024 - 12:00 AM
When you muzzle children in surgical masks, strip them of their right to breathe fresh air and play outside, scare them with fake pandemics, and hand them a tablet, as a friend says, “yes, they’ll become antisocial.”
More | Talk | Read It Later | Share
Komrade Kamala's minions insist she's no Marxist, but she sure does draw glowing endorsements from actual communists
American Thinker, Thursday - 09/19/2024 - 12:00 AM
Just take a gander at what's up at the Communist Party, U. S. A. website.
More | Talk | Read It Later | Share
Fed chair Powell says illegals are why unemployment is rising
American Thinker, Thursday - 09/19/2024 - 12:00 AM
Who could have guessed it?
More | Talk | Read It Later | Share
Labor Dept. data: Urban rent surges 23% in just three years of Biden-Harris
American Thinker, Thursday - 09/19/2024 - 12:00 AM
Dropping “illegal alien bombs” tends to have that effect.
More | Talk | Read It Later | Share

Trump Whines That Fed Is 'playing Politics' With Rate Cut

Welcome to Wopular

MoviesWithButter : Our Sister Site

More Politics News