Why Trump might not get rapid interest-rate cuts even after he replaces Fed chief Powell | Crypto Craft

  • Why Trump might not get rapid interest-rate cuts even after he replaces Fed chief Powell

    From morningstar.com

    President Donald Trump wants the Federal Reserve to slash U.S. interest rates now, but the White House can't do much to influence borrowing costs in the short run. Here are five reasons why Trump might not get cheap money fast: The Fed chair only has one vote Trump hopes to get lower rates by replacing Fed Chair Jerome Powell with someone who would do what the president wants. But Powell's term as chair does not end until May 2026. He's insisted he won't resign early. Even if Powell did resign, a new chair would only have one of 12 votes on the Fed board that sets the direction of U.S. interest rates. The new chair ... (full story)

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TimmyBTrades
Jul 9, 2025 7:51pm
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Quoting oxbuck
Morningstar bias rating: "Overall, we rate The Morning Star as strongly Left Biased based on story selection and editorial bias that favors a socialist perspective. We also rate them Mostly Factual, rather than High, due to not utilizing hyperlinked sourcing but maintaining a clean fact check record."
I think that might be in reference to the British tabloid 'The Morning Star,' not 'Morningstar'
Reply
DwnUndrTrdr
Jul 10, 2025 1:06am
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Quoting oxbuck
{quote} No, it's not. Look it up.
Yeah, I think you're looking up the British socialist publication not the Chicago based mutual fund and exchange-traded fund (ETF) rating agency.
Good to see you are doing your Due Dilligence but you really need to do your Due Dilligence.
DwnUndrTrdr
Jul 10, 2025 10:26pm
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Quoting TimmyBTrades
{quote} The website your quote comes from literally says so, scroll down XD
There’s no point. Even the “supporting” article he refers to is an opinion piece written by a Director and fellow of a right wing think tank known for distorting the truth.
Will quote whatever to support his narrative but unwilling to delve further and do real Due Diligence.
Unfortunately both sides of the political spectrum are guilty of this lazy inability to think critically and can be so easily manipulated.
Internet just makes them dumber.
TimmyBTrades
Jul 10, 2025 12:27pm
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Quoting oxbuck
{quote} No, it's not. Look it up.
The website your quote comes from literally says so, scroll down XD
Reply
DwnUndrTrdr
Jul 10, 2025 7:19am
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Quoting oxbuck
{quote} https://www.realclearmarkets.com/art...el_843580.html
That article was written by Scott Shepard. Fellow at the National Center for Public Policy Research and Director of its Free Enterprise Project.

https://mediabiasfactcheck.com/natio...esearch-ncppr/
oxbuck
Jul 9, 2025 5:58pm
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Morningstar bias rating: "Overall, we rate The Morning Star as strongly Left Biased based on story selection and editorial bias that favors a socialist perspective. We also rate them Mostly Factual, rather than High, due to not utilizing hyperlinked sourcing but maintaining a clean fact check record."
oxbuck
Jul 10, 2025 5:51am
Permalink
Quoting DwnUndrTrdr
{quote} Yeah, I think you're looking up the British socialist publication not the Chicago based mutual fund and exchange-traded fund (ETF) rating agency. Good to see you are doing your Due Dilligence but you really need to do your Due Dilligence.
https://www.realclearmarkets.com/art...el_843580.html
oxbuck
Jul 9, 2025 8:21pm
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Quoting TimmyBTrades
{quote} I think that might be in reference to the British tabloid 'The Morning Star,' not 'Morningstar'
No, it's not. Look it up.
oxbuck
Jul 10, 2025 2:14pm
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Morningstar's ESG: Proudly Leftist, Covertly Anti-Israel
oxbuck
Jul 10, 2025 11:12pm
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Next ...
Trader#99AD
Jul 10, 2025 5:19am
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Stannis Baratheon could only ask the Iron Bank for more money at a higher interest. END THE FED and free US people
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