U.S. economy stalled in May, Fed survey finds

[Airyaman]

Kerplunk.

Recall that thread I started earlier this week about only 37k jobs being added by the private sector?

Yeah, more bad news. It appears Taco Trump has ****ed things up.





I guess the good news is that some states saw slow growth!

 

[Phys251]

Kerplunk.

Recall that thread I started earlier this week about only 37k jobs being added by the private sector?

Yeah, more bad news. It appears Taco Trump has ****ed things up.

View attachment 67572960



I guess the good news is that some states saw slow growth!

Here comes the tRump recession.

 

[CaughtInThe]

 

[Airyaman]

Double lol.

 

[L88]

Kerplunk.

Recall that thread I started earlier this week about only 37k jobs being added by the private sector?

Yeah, more bad news. It appears Taco Trump has ****ed things up.

View attachment 67572960



I guess the good news is that some states saw slow growth!

Not just Trump.
This is what the Fed has been working for the past couple of years.

 

[NuffSaid]

Double lol.

He lies so much.
And MAGA believe him

 

[Quag]

Is anyone not in the cult surprised by this?

 

[Bubber]

Not just Trump.
This is what the Fed has been working for the past couple of years.

Can you expand on that thought a bit?

 

[Callen]

CEO's across the country are saying that the uncertain business environment is paralyzing decion making on expansion, hiring, inventory levels , etc. They certainly aren't looking to expand which is supposedly what Trump wants. If that's what he wants why is he acting in a way that actually hinders that?

 

[Helix]

I hope that a bunch more people don't lose their jobs. The edolf bullshit was bad enough.

 

[Callen]

I hope that a bunch more people don't lose their jobs. The edolf bullshit was bad enough.

Oh they will if Trump doesn't end this tariff crap.

 

[noonereal]

This was a GREAT place to play, spend your day off.

I loved this play. Loved it.
Sad it had to be raped by 2 Doll.

 

[L88]

Can you expand on that thought a bit?

Really? Are you new to the US and it's economy?

Despite Trump's pressure, Federal Reserve likely to keep rates unchanged this week

The Federal Reserve will likely keep its key short-term interest rate unchanged on Wednesday, despite harsh criticism from President Donald Trump and his demand that the Fed reduce borrowing costs.

www.pbs.org

 

[Bubber]

Really? Are you new to the US and it's economy?

Despite Trump's pressure, Federal Reserve likely to keep rates unchanged this week

The Federal Reserve will likely keep its key short-term interest rate unchanged on Wednesday, despite harsh criticism from President Donald Trump and his demand that the Fed reduce borrowing costs.

www.pbs.org

You seemed to be insinuating that the Fed has been working towards ****ing up the economy for the past couple years. The article you just posted doesn't seem to reflect that so perhaps I misunderstood what you were trying to say.

It seemed a legitimate question on my part, so your snarky response isn't exactly appreciated. If you can defend your original comment than please do that or don't but keep your attitude to yourself.

 

[L88]

You seemed to be insinuating that the Fed has been working towards ****ing up the economy for the past couple years. The article you just posted doesn't seem to reflect that so perhaps I misunderstood what you were trying to say.

It seemed a legitimate question on my part, so your snarky response isn't exactly appreciated. If you can defend your original comment than please do that or don't but keep your attitude to yourself.

If you read this article or did a search you would see the Fed has been working to slow the economy for the past several years.

While Trump's tariffs could be negative for the economy I don't see how they've had an affect yet. Except on planning and emotional reaction.

And I find your question snarky.

 

[Bubber]

If you read this article or did a search you would see the Fed has been working to slow the economy for the past several years.

While Trump's tariffs could be negative for the economy I don't see how they've had an affect yet. Except on planning and emotional reaction.

I did read the article. I'm aware they have been trying to slow the economy to get inflation under control. Were you implying that action is the reason for the stalled economy? Do you disagree with the feds response to inflation? What actions would you rather see the fed take to control inflation and prime the economy?

 

[Xilnik]

You seemed to be insinuating that the Fed has been working towards ****ing up the economy for the past couple years. The article you just posted doesn't seem to reflect that so perhaps I misunderstood what you were trying to say.

It seemed a legitimate question on my part, so your snarky response isn't exactly appreciated. If you can defend your original comment than please do that or don't but keep your attitude to yourself.

Reducing interest rates when there are legitimate concerns of inflation rising over the next few months seems like a bad idea. That seems like a prudent approach by the Fed to me. @L88 appears to believe we should hurt our economy further going into the next quarter when economic turmoil is likely to hit consumers.

 

[L88]

From Google AI

The Federal Reserve (the Fed) often wants to slow the economy to address high inflation. When inflation rises too quickly, the Fed may raise interest rates to make borrowing more expensive, which can cool down spending and slow the pace of the economy.
Here's why the Fed might choose to slow the economy:
To combat inflation:
The Fed's main goal is to maintain price stability, and when inflation rises too fast, they take measures to slow down the economy to reduce demand and cool down prices.
To prevent overheating:
If the economy is growing too quickly, it can lead to wage and price pressures, which can exacerbate inflation.
To balance economic growth and inflation:
The Fed aims to strike a balance between stimulating economic growth and controlling inflation.
How the Fed slows the economy:
Raising interest rates:
The most common tool the Fed uses to slow the economy is raising the federal funds rate, which is the interest rate that banks charge each other for overnight lending.
Other tools:
The Fed can also use tools like quantitative tightening (reducing the amount of bonds it holds) to further reduce the money supply and slow down lending.

 

[L88]

Reducing interest rates when there are legitimate concerns of inflation rising over the next few months seems like a bad idea. That seems like a prudent approach by the Fed to me. @L88 seems to think we should hurt our economy further going into the next quarter when economic turmoil is likely to hit consumers.

Where did I express an opinion on what interest rates should do?

 

[Xilnik]

Where did I express an opinion on what interest rates should do?

The implication came through the article you linked. If that was not what you meant to imply, please use your words to explain.

 

[Bubber]

Where did I express an opinion on what interest rates should do?

I gathered the same impression as @Xilnik did. It seems we both misunderstood you. I think the fed has been doing a decent job with the tools at their disposal. I don't think the recent stall in the economy is the result of the feds actions with interest rates.

 

[Airyaman]

I gathered the same impression as @Xilnik did. It seems we both misunderstood you. I think the fed has been doing a decent job with the tools at their disposal. I don't think the recent stall in the economy is the result of the feds actions with interest rates.

Yeah, MAGA wants to blame everyone except the actual person who is causing this issue.

 

[Callen]

I gathered the same impression as @Xilnik did. It seems we both misunderstood you. I think the fed has been doing a decent job with the tools at their disposal. I don't think the recent stall in the economy is the result of the feds actions with interest rates.

In fact I would suggest the Fed was responsible for keeping the States out of a possible recession and engineered a " soft landing"

 

[Ishm]

If you read this article or did a search you would see the Fed has been working to slow the economy for the past several years.

While Trump's tariffs could be negative for the economy I don't see how they've had an affect yet. Except on planning and emotional reaction.

And I find your question snarky.

So CEO's saying they can't act because the govt is completely unpredictable with it's trade policies has nothing to do with Trumps tariffs?

So consumer confidence tanking as import prices rise and export sales fall has nothing to do with Trumps policies?

So empty container ports with massive reductions in imports of everyday things people use has nothing to do with Trumps policies?

Which alternative maga reality are you living in??

 

[Tettsuo]

Double lol.

Why is this idiot saluting? He's never been in the military.

God, I can't stand him....