Speaking to fellow central bankers, Powell acknowledged that tariffs create at most “a one-time shift in the price level” that would be “relatively short lived.” The markets immediately recognized this seismic shift – the Dow smashed through 45,000, and bond yields tumbled as investors celebrated the prospect of long-overdue rate cuts.
This admission represents more than just a policy pivot – it’s a complete vindication of Trumponomics and the four pillars that delivered both growth and price stability in the first term: tax cuts, deregulation, strategic energy dominance, and fair trade. Remember when Trump showed Powell around the Fed’s lavish building complex, making a point about their disconnection from regular Americans?
Well, maybe that tour finally sank in. [Istandforfreedom]
Good Night, Patriots!
5 comments:
Trump says he going to investigate why NBC renewed Seth Meyer's contract.
This is what I voted for! This is what our President should be doing!
It's ok to ask questions as to why they would renew his contract when he is such a jerk. NBC has a credibility problem as it is.
It's not just NBC it's ABC CBS PBS CNN MSNBC they're all liars they all promote a lot of fake news they all suffer from a lot of hate and Trump derangement syndrome and they're never objective it's always biased and it's always hateful toward president Trump they're just disgusting pigs completely jealous and envious of a real leader in real success! And I hope that he gets removed from his position very soon too us Americans deserve better people in leadership than all of these elected that we have today and most of them are really pathetic losers who are never accountable for their actions at all we really need to have better leaders in this country our government is really broken! Broken at the local level and even at the federal level it's very very broken I just can't wait until Jesus comes back to rule this Earth for a thousand years to make it all better and more fear and just for all people!
Even ABC news that Todd McDermott guy that does the local news on channel 25 he has to be like the biggest Trump hater he suffers from Trump derangement syndrome when he's reporting the news you can just tell the way he emphasizes things and he's so emphatic and so crazy the way he talks and emphasizes certain things that he's such a hater he's so full of trump derangement syndrome I'm surprised that in the local level they would allow somebody like him to be doing local news because he's really makes that channel look really one-sided and quite full of hate I just never watch that channel anymore that ABC local channel is just such an awful news channel now!
I don't like that Todd mcdumbo guy either such a hater! I like Felicia Rodriguez she's really good!
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