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LuminousLuddite@lemmy.world to News@lemmy.world · 1 day ago

Fed holds interest rates steady for third straight meeting, as Powell vows to remain as governor

www.cbsnews.com

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Fed holds interest rates steady for third straight meeting, as Powell vows to remain as governor

www.cbsnews.com

LuminousLuddite@lemmy.world to News@lemmy.world · 1 day ago
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Fed chief Jerome Powell said he will remain as a governor on the central bank's board after his term as chair ends on May 15.
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  • Derpenheim@lemmy.zip
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    7 hours ago

    Last year I had no fucking clue this job existed. And now its the only thing holding up the American Economy

    • HubertManne@piefed.social
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      6 hours ago

      At this point its the only thing independent of the administration.

  • Drusas@fedia.io
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    20 hours ago

    I never thought a Federal Reserve chairman would be one of the ones trying to hold democracy together.

    • DevDave@piefed.social
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      16 hours ago

      not just democracy but whatever is left of the economy will evaporate.

      preemptive response to how invincible the US dollar is, a lot of people said the Titanic was unsinkable.

    • Tollana1234567@lemmy.today
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      15 hours ago

      and he was appointed by TRUMP 1st term administration too.

  • ShellMonkey@piefed.socdojo.com
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    1 day ago

    Donnie is gonna shit himself

    I mean that was likely anyhow, but this pretty much guarantees it

    • grue@lemmy.world
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      21 hours ago

      “For Powell, the day Trump shit himself when he refused to resign was the most important day of his life. For Trump, it was Tuesday.”

      • Tollana1234567@lemmy.today
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        15 hours ago

        he has shit himself since the early 90s, due to cocaine and adderall abuse.

        • DiarrheaSommelier@lemmy.ca
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          15 hours ago

          And the anal injury one of his Epstein victims gave him.

    • expatriado@lemmy.world
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      1 day ago

      i think he has been on diapers for a while

    • aarch0x40@piefed.social
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      18 hours ago

      Even King Chuck noticed

  • kikutwo@lemmy.world
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    24 hours ago

    Please stay until Orange Julius has a stroke.

  • Zedstrian@sopuli.xyz
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    1 day ago

    Alternative to CBS.

  • TryingToBeGood@reddthat.com
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    23 hours ago

    Glad he’s going to stick around until we can see how incompetent Warsh is.

  • Archangel1313@lemmy.ca
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    1 day ago

    Clearly, this is a threat against Trump’s life! He must be prosecuted! /s

  • gravitas_deficiency@sh.itjust.works
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    1 day ago

    Oooh man there is gonna be some sort of crazy throw down soon.

    Orangeboi does NOT like Powell - despite being a consummate capitalist, he’s considered to be a rather shrewd economist and financial expert, and is clearly not willing to absolutely fuck the US - and by extension, global - economy to satisfy the juvenile and exploitative whims of a narcissistic fuckwit.

  • homes@piefed.world
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    1 day ago

    The Bored Games continue…

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