ST Alpha - "for all of Biden’s surprising achievements given the margins in Congress, renominating Powell was a terrible own-goal -- nm" (Reading a Post)

SlickerTalk
Search Archives
The Leaderboard
The FAQ

Login
Create Account

Search Dr. S. Talk
TT/ST Wiki
How Well Do You Know ...

RSS Feed

Hosting by DigitalOcean

Support ST on Ko-Fi

Down to Post

Backboards:

Posts: 155

In response to "Fed raises rates another 25 bps. -- nm" by znufrii, meh and problematic

for all of Biden’s surprising achievements given the margins in Congress, renominating Powell was a terrible own-goal -- nm

Posted by hollywood big shot (aka pickmix) Mar 22 '23, 11:11

(No message)

Responses:

Markets don’t seem to mind. - znufrii, meh and problematic Mar 22, 11:17 3
- we obviously needed to raise rates as a refresh of the Feds toolbox but it’s been clear for some time that they’re not having the intended effect -- nm* - hollywood big shot Mar 22, 11:21 2
  - The real problem is that the Fed has a very limited toolbox. That’s not Powell’s fault. -- (edited) - znufrii, meh and problematic Mar 22, 11:26 1
    - and yet he keeps acting like it’s their only nostrum -- nm - hollywood big shot Mar 22, 11:29

Post a message top

Replies are disabled on threads older than 7 days.