Pres. Trump on the Fed: I know more about interest rates than they do

[@Fried52]

We'll be lucky if we still have a country to call our own. He said he was going to do for the American Economy what he did for his business and he did. Running up a bunch of debt and leaving the economy in shambles. He's going to flip us over, grab us by the legs, and shake out our pockets till they're empty. Then convince you he did you a favor.

[@chrisaycock5965]

if each president controlled the levers for interest rate there would be chaos. They'd try to use it to boost their numbers and create a mess there's a reason the treasury is separate..

[@Mxyzptlk30]

If it was trump, he'd probably keep his foot on the interest rate to 0% and when he leaves office, let go and then say how great the economy was compared to his successor and how he should've stayed on for a 3rd term.

[@chrisaycock5965]

@@Mxyzptlk30 And that's why the treasury is separate. The rest of the government would turn it into a 3 ring circus. It's the same reason the treasury head can't be fired after being appointed it could influence decisions about economic policy.

[@ssuwandi3240]

He didn't sound to use any levers. Saying he knows sounds more like the timeline of expected 2% inflation. And timing of fiscal roll out.

[@chrisaycock5965]

@@ssuwandi3240 the point flew over your head. If he had the levers at his disposal he’d use them any president would. It gives the image of a good economy which is how people win reelection.

[@Fried52]

The treasury is not separate. It's a part of the executive branch of government. It's the Federal Reserve Board that is a separate government agency that is independent but still supposedly answer's to congress. But that's all about to change. As soon as Trumps OMB is confirmed and can start implementing Project 2025.

[@parrotbrand2782]

There is this guy Erdogan and he thought he understood interest rates better than the central bank... Just look at the Turkish Lira

[@erickanter]

Since when can Trump demand interest rates go down . The fed should not be joined at the hip with any president period. The bond market will go nuts under goofball Trump.

[@harrychu650]

The Federal Reserve Act allows POTUS to fire the FOMC for cause. Things like the SF Governor allowing banks to fail b/c she was too lazy to do her job. Then Powell covering the whole thing up and never hold anyone responsible despite all those lost jobs and another huge taxpayer funded rescue. Or breaking laws, like JPMC and the other large banks recently accused the Fed of in a lawsuit.

[@555125kevin]

We know the head of the fed is an idiot, "inflation is transitory". How did that turn out?

[@jaehparrk]

go away he will run the fed as he should

[@PaulR-u1k]

Ok poor guy

[@erickanter]

@@PaulR-u1k Truth hurts. Personally i want the 10 year to go 5 or higher. Cheap money is part of what got us into this mess.

[@stevemlejnek7073]

Ah yes. That's right. I had forgotten. He knows more about everything than everybody. I especially like all the things he's been saying lately about water in California. Brilliance.

[@jaehparrk]

hello democrat

[@usntheboy1]

He know fire hydrants should have water. Compared to Biden who doesn't know where he is, I'd say we're in great shape.

[@Chad_Max]

You lost, time to get over it...

[@IForgetWhatISay]

@@usntheboy1lmao what an ignorant comment to make. Fire hydrants should have water. Is like saying water should be wet. It’s a lot more complicated than trump thinks. He said he’d end Ukraine war on day one. Now that he’s in the hot seat when asked point blank he goes “that’s up to Putin” like no really?? What did you think Biden was telling him to continue? Hahahaha

[@IForgetWhatISay]

@@Chad_Max is that what you were telling to the ppl on January 6 who were assaulting police officers? #BackTheBlue

[@judithelaine9285]

I'm not a learned money expert, but, I wouldn't trust him. He has a track record of failure.

[@Yoyoy08]

Yup like fixing it within 24hrs??

[@erichvonmolder9310]

You can't lower the interest rates if the subsequent numbers don't call for it and the market wouldn't look kindly to that either. What is his game?

[@WorksOnMyComputer]

The economy is ready to fall off a cliff and he knows it.Tariffs will also put interest rates up, so he wants to strong arm the Fed to try and combat the outcomes of his own policies and have them just print money and flood the market to try and negate those negative effects on the economy. Interest rates hurt MAGA disproportionately as many are in poor paying hourly jobs.

[@compulsiveviewingmaterials]

To destroy the economy then vulture it's remains.

[@Chad_Max]

Its just flexing, I wouldn't get too worked up over it. They'll make 2 cuts this year and then keep it steady for a while...

[@erichvonmolder9310]

@@WorksOnMyComputer , His game maybe, he knows he can't lower interest rates until the numbers prove it, but he has to tell his MAGA supporters that he doing everything he can to lower interest rates, even though he is lying to them, which appears his Supporters have no problem with because they are ignorant as hell.

[@gregorymilla9213]

He’s a child his only understanding of interest rates is that they should be lower

[@damonkatos4271]

Someone has a bunch of big loans up for refinancing obviously. I wonder who?????

[@PaulR-u1k]

...definitely not your brokeeee

[@rickspalding3047]

He can't fix it, the low interest rates distorted assets throughout the world. Under his watch too

[@jaehparrk]

close your hole lib. lower rate creates jobs n stocks n crypto rise as long as its not too low trump knows this

[@John-s9d]

It's not so much the 0.25% difference in rates. It's the irrational exuberance that's problematic. People are making $400k in a day. Just creating meme coins. Just off the trading fees. Does Trump want a generation of adhd gambling addicts?

[@PaulR-u1k]

Stock market....,

[@alvadagansta]

Well Trump made billions over night with his meme coin so… yes he’s a big fan of all this chaos

[@steveboyd3455]

You can tell someone is dumb when they brag about how smart they are. Classic Trump.

[@PaulR-u1k]

He usually right most of the time...just saying

[@chriswarren251]

You keep paying g high interest. At least he’s trying

[@jonathanp1884]

@@PaulR-u1k It appears you watch only FOX propaganda or the like.

[@UnclePlaysBadly]

​@@PaulR-u1kNo, he's really, really not.

[@skibowu]

free money for everybody!!!!

[@journalistedisoncarter]

Trump is a talking hamburger.

[@John-s9d]

How bout strategic water reserves? But only my brand of water.

[@damonkatos4271]

Trump lake ?

[@Etaoinshrdlu69]

Strategic Steak Reserve with Trump Steaks

[@IamP3ngu1n]

"Pres. Trump on the Fed: I know more about interest rates than they do." Yet, he still can't bring the price of a dozen of eggs ? And sometime Friday afternoon, he'll be on his Golf Course🎪🤡🎪 🤣🤣🤣🤣

[@thisguy73]

What a very stable genius! He knows more about EVERY subject on earth than anyone. That's amazing.

[@WalkOverHotCoal]

I could see many potential reasons that would make Trump's administration unworkable. (1). Trump's own "I know more than they do" attitude (2). Too many egos in the room. It was all good to get the Adrenalin pumping during the election, but not so much after the party is over, and real work begins (3). Appointees over estimated their abilities (4). Some very gung-ho, even racist elements in Trump's camp. (5). Many lawsuits to counter Trump's over-the-top and illegal Executive Orders. And that is but a short list of what is waiting him within the US... Without the US, there wold be countries sharpening their pencil to stick it into Trump's eyes. He is offending so many countries, and so many of them are US allies !! ' Interestingly, some commentators said that his second term wold be a more mature, more sober one in comparison to his 1st, I am beginning to see the opposite...he is getting more radical, more chaotic, and more bullish. The clean sweep has gotten to his head. No amount of Baron Trump is going to help the old man !

[@silversurfer8237]

Short term rates 1.00%, 10 year 9.00%, good for retirees.

[@nufamilia]

😂 he is a sociopath… god save us

[@Cordycep1]

outcome will be bad for the entire economy......print print

[@ask_why000]

Old Don has lost the plot! Or maybe I should say the dot-plot.

[@elvinlee7592]

The mark of an amateur is someone who thinks they are an expert at everything.

[@harrisonapril83]

With the Fed cutting interest rates by 25bps, what do you think will happen to the stock market? My portfolio has performed exceptionally well this year, but I am concerned about the possibility of a market crash and losing my gains though but, it's all on a brighter and splurging side for Gold, should I look that way?

[@jonesselas]

Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver is also a good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you. I work with a financial consultant regulated by the SEC, and started small, but eventually accumulated over $800,000

[@harrisonapril83]

Can you pls provide instructions on how to contact your advisor? I think I'm in need of one to help me scale through

[@jonesselas]

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 and you can make a research with his full name

[@harrisonapril83]

Thank you for this tip, it was easy to find your coach by just googling his full name and his credentials shows up immediately. Based on his résumé, he appears to possess a high level of proficiency, and I am grateful for the opportunity to work with such an elite

[@Vanguard-c1u]

Hey, I'm looking online at a spinning wheel that comes from no where, about a currency that doesn't really exist, and goes up and down in value because people buy and/or sell it. Then Trump says it's great and don't regulate it...What could go wrong?

[@MrTom-kl7hy]

Why do the hard work and take the risk for 8% producing oil or manufacturing, when you can make billions selling garbage grift coins, and vapor products that are always "coming next year"...

[@GerardMBPean]

He doesn't even know how to spell it

[@francisltx]

懂王

[@gmil2573]

Xi?

[@MrKar18]

Let's look back after 4 years. Shall we? No one is going to trust US again. That bully in school where everyone listens to him and claps after seeing him getting screwed in life. 🎉

[@Gufenaugh]

Time for us to see trump’s wharton grades economics. Surely if he is that bright he won’t mind showing them.

[@7_of_9]

Trump: I will just file for bankruptcy if the country fails 😅😂

[@cvillanu]

CNBC really clipping this "hate" segment like they're reporting on beef some kids have on the playground.

[@UnclePlaysBadly]

Maybe they could look at regulations on sleazy memecoins.

[@jermainebrown3457]

$trump!!!

[@Tr3xShad]

Yeah after Deepseek, it obvious it's a wasted investment. I expect Microsoft and OpenaI value & stocks to dip

[@rivelino13]

🟠🤡

[@LamarPassmore]

What branch of government is The Federal Reserve Banking System? Exodus 22:25 | Leviticus 25:37 | Quran 2:275

[@lylestavast7652]

The Federal Reserve is an independent agency of the U.S. government. It's not part of any one branch of government, but it's accountable to Congress and the public.

[@RandyAbraham-xf5qp]

The Federal Reserve central banking system was an attempt, after repeated financial crashes and panics in the unregulated wake of President Andrew Jackson’s shuttering of Alexander Hamilton’s Bank of the United States, to provide checks and balances in the financial system with an element of banking in the public interest.

[@amatuer2]

Stop deeding the Troll

[@jaym9846]

Woohoo! Trump to ditch Dollar and adopt Cryto.

[@ajklajman1434]

he has no idea about the interest rates, like the bible says "every dummy thinks that he is the smartest person in the world"

[@parrotbrand2782]

The Bible didn't say that. You just made it up

[@RobertSchaefer-nl4xp]

He just made Melaniacoin the national currency and disbanded the fed. Haha

[@PaulR-u1k]

Will be better than the contrary sadly

[@rahimmajid647]

I think it's called Smelania. 😂😂

[@PaulR-u1k]

@@rahimmajid647 - called your Celibate not by choice 😂

[@rahimmajid647]

@@PaulR-u1k called your Celibate not by choice? Umm... O-kay? Maybe you wanna try that comment again in English.

[@PaulR-u1k]

@@rahimmajid647 - nope 👎

[@zvvl3465]

🤣

[@xxxGammaRay]

The man who regurgitated the cat eating narrative during his campaign...Yeah, he knows so much.

[@bryanbornholdt8068]

Considering this fed has screwed up twice lots of people could probably do better.

[@dlradio3458]

This station sucks

[@PaulR-u1k]

❤

[@adamtatusko]

TDS

[@elvinlee7592]

Trump's dumb statements!

[@lawrenceHart-ys2ct]

I anticipate positive growth in the markets for 2025, and I'm considering investing $220k in stocks for my retirement plan due to recent rate cuts. Could you provide guidance on executing this investment safely? Additionally, are there any crucial tips or changes I should be mindful of in the current financial landscape?

[@Emily-le2op]

Investing without guidance can lead to mistakes and losses. I've learned this from experience. If you're new or short on time, it's wise to seek expert advice, which helped me navigate the market's ups and downs.

[@JennaHerberholz]

I totally agree with you. I started out investing on my own too and lost quite a bit. After the 2020 crash, I managed to pull out about $160k. I then invested that money with an analyst, and in just seven months, I made almost $380,000. It's amazing how having the right guidance can turn things around!

[@merlinfitz]

This is incredible. Could you recommend who you work with? I really could use some help at this moment.

[@JennaHerberholz]

My CFA is Zareen Grace Church, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.

[@merlinfitz]

Thanks for the info. I searched for her full name and found her website right away. I reviewed her credentials and did my research before reaching out to her.

[@GersderaNioer]

I see the rising interest rate as a very big problem, as more investors will definitely pull out more money from the Stock market. This might have worked when I was still invest-ing with a couple thousand dollars, but it is more difficult now to decide whether to pull out more than $365k from my port-folio. I know some inves-tors still make that despite the strong bear market. In wish I could pull that feat

[@Mom-q2b9g]

I think the whole thing about holding stocks for long term will always apply. So I think you should get a quality broker who is able to analyze and pick stocks that will do well in the long term, else you will be in a long bear ride.

[@Dave_East]

You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a broker, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst.

[@nico-p5y4h]

This sound interesting. I’m not really one to use pro analysts, but I guess it would not hurt to try one. My portfolio is in the red waters right now

[@Dave_East]

Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Jessica Dawn Walters” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

[@SandraPhilips-p8m]

Thank you for this tip. It was easy to find your coach on web. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.

[@Bjamin9891]

He’s back baby hahah gotta love the entertainment any way you look at it… this is why I voted for him 3 times

[@marklen2322]

I would not be proud of that!

[@steelyspielbergo]

The best argument against democracy is a five-minute conversation with the average voter

[@marklen2322]

@@steelyspielbergo I am sad to say I think you are right. 50% of Americans that think Trump is fit to hold the office of the President is just sad.

[@Bjamin9891]

@@marklen2322 I love salty little libs don’t forget the meds

[@Bjamin9891]

@@steelyspielbergo clearly you haven’t heard we are a constitutional republic. Thousands of years ago a man named Socrates warned that a democracy is the most dangerous form of government because of people who exactly like you!!!! He said that the majority of people are to stupid and easily manipulated by group think and would harm people with the minority mindset

[@chriswarren251]

At least he’s trying…

[@rahimmajid647]

An applicable excuse for a child, but not for a grownup.

[@WestPeace-e2i]

Yes, he is very trying!😊

[@RandyAbraham-xf5qp]

What’s he trying?

[@chriswarren251]

@ something Biden didn’t

[@elvinlee7592]

​@@chriswarren251 given how much the rate of inflation went down letting the Fed do it's thing disproves your response.