Federal Reserve Chair Powell speaks after Fed cut interest rates by a quarter point - 11/7/24

[@dreadfuldonkey]

doesn’t anyone else think that the labor marker is deteriorating rapidly, every headline I see layoffs here layoffs there is the fed already behind the curve on that

[@swamygee]

The most important question is at 30:35

[@valoriefalorie4223]

😮

[@Merry-m4g]

I knew that someone would put this info in the comments - I scrolled right down to find it, just wanted to watch that moment bc I've read everything else Lol Thank you! So good...

[@augustwartenberg4210]

How smug. Or is it hubris? Maybe it's his way of coping with fear. I really can't tell. Either way, it was the only answer he gave that was direct and to the point.

[@augustwartenberg4210]

He can be fired from "Malfeasance in Office", by making decisions that are not in the public's best interest.

[@andrewhuntress3081]

How about changing one of those goals to lower prices instead of stable prices.

When money printer go brrrrrrrr, prices don't go back down. Only stable.

[@AndreAlbritton]

For new investors: Buy stocks in solid companies and hold them as long as they stay strong. Ignore forecasts and market opinions-they’re distracting at best and useless in the long run

[@lizbethhowington]

The key to strong returns isn’t quick-gaining assets but managing risk in relation to reward. It’s about maintaining the right allocation and consistently using your edge to reach your goal. This holds true for everything from long-term wealth building to short-term market plays

[@AndreAlbritton]

That makes sense. I’ve been using a financial market expert for two years now and I own a six-figure diversified portfolio from investing in stocks

[@lizbethhowington]

Impressive can you share more info about your financial adviser?

[@AndreAlbritton]

Yes i will and his name is Gabriel Alberto William, he is not just a broker, he is a financial adviser that give advice on any financial matters

[@lizbethhowington]

Thanks for the recommendation and i quickly run a research online with his full name and spotted his website and i will email him right away

[@DGA-808]

Powell has done a great job. Handled a crisis. High interests rates to lower inflation. Americans complain about high inflation. Americans also complain about what is needed to reduce said inflation. Go figure

[@amyrankin756]

If the economy was really that great we would not have a such a flip in terms of Legislative and Executive branches of government. The polling (unsure of the specifics) I saw the day of the election showed that over 70% of US citizens are not happy with the economy. Just who exactly is this "great" economy benefitting? Is it perhaps time to evolve the way economic impact data is polled, reported and analyzed to be more accurate? How have we been using the same number of sample sets of 60k households for the unemployment numbers since 1954 when the number of Americans has more than doubled and there are so many other avenues to gaining more accurate data on key stats like unemployment?

[@valoriefalorie4223]

Sadly the mortgage rates and grocery prices have not fallen down and they have raised… inflation is increasing especially housing market - what the hell is going on?? Is there any respite from high home prices???? We need to increase interest rates and not cut them?

[@virginiaarrieta8145]

Wgat 😂😂😂😂

[@TheRealCommonSensei]

We need to STOP borrowing OUR money into existence from the privately owned FED! Manipulating interest rates will NOT help Main Street!

[@amyrankin756]

Research the percentage of investor-owned single-family homes in your state or area. Maybe that is having an impact, maybe not. Places like Texas has some wild numbers.

[@sybentley6675]

Jerome Powell appointed by who in 2017? A little bit of information often helps.

[@Fr4uzi]

Appointed by Trump, here to stay.

[@tanhef]

Translation: Doggy coins to the moon

[@AIVaneer]

Just BUY Bitcoin every week or Bi weekly and hold it for 10 years.

[@cathyrogers654]

Read The Creature From Jekyll Island.

[@AdanGuled-k9s]

L.F.G

[@valoriefalorie4223]

Who appoints Jeromy? Hmm he won’t leave sounds like he is an authoritarian 😊

[@LastDays77]

Shame on you Jerome! Trump is coming for you little biznatches!

[@aaronkerrigan241]

Jerome Powell is a Republican and was appointed by Trump. Did you even know that?

[@henrylee8510]

Morons. Trump's knowledge of economic theory is like an 8th grader. Powell's term will end anyway but whoever replaced him better not be a yes man. Maga morons don't realize the markets like a fed chair who knows what they're doing. It's not about low rates when Trump wants.

[@StarWalker1011]

Just wow 🤯

[@blankjohnson6934]

This guy has presided over one of the most horrible time and made a mess of it

[@alexallen5056]

Appointed by Trump and a Republican

[@Stockpickervalueoriented]

Powell has no balls. Trump will fire

[@IINVICTA]

Balls to do what ?

[@aaronkerrigan241]

Jerome Powell is a Republican and was appointed by Trump. Did you even know that?

[@IINVICTA]

@@aaronkerrigan241 what does that have to do with having BALLS ?

[@creepythecritter]

ur a homosexual

[@JD-ml6ct]

Can't fire the Fed Chair, at least you can't under the laws we are about to used to have

[@m-series_shorts609]

😮

[@Stockpickervalueoriented]

Powell said, as usual, they act “meeting by meeting”. But the literal SEP proves they have a formal plan for Fed funds rate path. How stupid do they think we are 😹

[@arthurkorff]

What's sep

[@Stockpickervalueoriented]

@@arthurkorffsummary economic projections

[@arthurkorff]

Sorry. Dumb question. He mentions it a few times

[@jannettephelps5053]

Trump is going to mess up this improving economy with his tariffs.

[@highthereguys]

Wrong

[@bito2041]

​@@highthereguysYou probably don't even know what tariffs are lmao

[@highthereguys]

@ if your arguments were good you wouldn’t resort to ad hominems lol

[@bito2041]

@highthereguys My dude your argument was a single word: "Wrong" But no, there's no point in arguing with you guys anymore, Trump won, you'll see what tariffs do soon enough.

[@highthereguys]

@ he tariffed China in 2018?

[@michaelsavage9305]

This guy doesnt have power to do shitall. It is all about Yellen. She is the one pulling all the strings. Go look into what shes been doing.