They shouldn’t have cut rates late last year to start with. The cat is out of the bag at this point.
They cut 50bps last year with PPI @ 3.5% and Core Inflation 3.3%… their true mandate is infinite bag pumping, not inflation control.
If inflation is high they just say it’s “transitory”, which is the rhetoric they’re already painting about Tariff impacts
— Rho Rider (@RhoRider) August 19, 2025
“The bottom 50% of wage earners in America who don’t have assets. If you don't have assets, you are not doing well.” – Scott Bessent
Freudian Slip?
— Spencer Hakimian (@SpencerHakimian) August 19, 2025
This is a very concerning level of incompetence https://t.co/u3t9EM4tEZ
— KKGB (@INArteCarloDoss) August 19, 2025
BREAKING: President Trump asks for somebody to “inform Jerome ‘Too Late’ Powell that he is hurting the housing industry.” pic.twitter.com/jJY4lMg22J
— The Kobeissi Letter (@KobeissiLetter) August 19, 2025