Actually when a central bank controls the money supply and interest rates, it's always a possibility.
Discussion
Did you dust off those rocks that were above your head when you climbed out of that hole you were in?
No, I'll dust them off later when I crawl back into it.
Say what? It is quite clear Trump has already seen the Q1 GDP numbers. They get released next week. I suspect they show slight negative or perhaps flat.
He needs cheap money to refinance and 'grow' the economy. However, with higher prices an issue from tarrifs, Powell isn't budging. I'm not sure what you are referencing?
I guess I'm kinda saying none of this matters, the fact that there is anyone dictating interest rates at all makes the whole system so unstable that it's worthless to talk about.
Leave alone the fact that GDP and all the other stats are not indicative of the real health of the economy, which is not reliably measured in dollars, and is not captured by stats manipulated to make government stimulation sound good.
I guess I'm so sick of all of it that I took you too literally.
Er rather, that I don't even get the point of mocking Trump anymore. It's all so damn annoying.
I see. I don't disagree with your statement on the GDP, however it is the only metric used globally.
Trump clearly saw the numbers from Q1, that's all. Anything less than a .5% GDP growth will be brutal for him and his presidency.
Remember also, it is many people voting on rates. Not just Powell. He is merely the spokesperson and head.