Schmid: The Federal Reserve and Outlook for the Economy and Monetary Policy

Jerome “Too Late” Powell must NOW lower the rate. Steve “Manouychin” really gave me a “beauty”when he pushed this loser. The damage he has done by always being Too Late is incalculable. Fortunately, the economy is sooo good that we’ve blown through Powell and the complacent Board. I am, though, considering allowing a major lawsuit against Powell to proceed because of the horrible, and grossly incompetent, job he has done in managing the construction of the Fed Buildings. Three Billion Dollars for a job that should have been a $50 Million Dollar fix up. Not good! *TRUMP: CONSIDERING ALLOWING A MAJOR LAWSUIT AGAINST POWELL *TRUMP: CONSIDERING POWELL LAWSUIT OVER FED BUILDING MANAGEMENT

Trillions of Dollars are being taken in on Tariffs, which has been incredible for our Country, its Stock Market, its General Wealth, and just about everything else. It has been proven, that even at this late stage, Tariffs have not caused Inflation, or any other problems for America, other than massive amounts of CASH pouring into our Treasury’s coffers. Also, it has been shown that, for the most part, Consumers aren’t even paying these Tariffs, it is mostly Companies and Governments, many of them Foreign, picking up the tabs. But David Solomon and Goldman Sachs refuse to give credit where credit is due. They made a bad prediction a long time ago on both the Market repercussion and the Tariffs themselves, and they were wrong, just like they are wrong about so much else. I think that David should go out and get himself a new Economist or, maybe, he ought to just focus on being a DJ, and not bother running a major Financial Institution. Donald Trump Said "Goldman, David Solomon Wrong On Tariff Impacts On Market" TRUMP: CONSUMERS AREN'T EVEN PAYING THESE TARIFF Trump: Tariffs have not caused inflation or any other problems for the nation – Truth Social.

Reserve Bank Of Australia Governor Bullock Says Forecasts Suggest Interest Rates Might Need To Be Reduced To Keep Prices Stable RESERVE BANK OF AUSTRALIA GOV BULLOCK: FORECASTS IMPLY CASH RATES MIGHT NEED TO BE LOWER FOR PRICE STABILITY THERE WAS NO DISCUSSION OF LARGER RATE CUT NEUTRAL RATE IS A LONG RUN CONCEPT BUT ONLY IN THE ABSENCE OF SHOCKS DONT PUT A LOT OF EMPHASIS ON NEUTRAL RATE Australia’s Reserve Bank Official Bullock Says The Neutral Rate Range Is About 1 to 4% RBA Governor Philip Bullock Says The Board Will Make Decisions On A Meeting-By-Meeting Basis