Source: News Formal (newsformal.com)
TV While Powell expresses concern about limited financial options for rural folk that leads them to payday loans, Trump has done his best to cut back payday loan regulations.
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Powell says rural poor need help with education, credit accessFed Chairman Jerome Powell said Tuesday the rural poor need more help with their education, credit Be carefulsaying that. Your boss Donny and the GOP love the uneducated. It’s basically their only supports, except the 1%.
Source: MarketWatch - 🏆 3. / 97 Read more »
Watch Fed Chair Jerome Powell speak live at economic forum in MississippiFederal Reserve Chairman Jerome Powell is speaking Tuesday on 'Economic Development in High Poverty Rural Communities' in Itta Bena, Mississippi. 1. The Fed prints money and drives down interest rates. 2. Things become more expensive except for debt. 3. The state goes into debt to pay for the things the voters want for free. 4. Repeat for 50-100 years.
Source: CNBC - 🏆 12. / 72 Read more »
Mnuchin says Fed Chief Powell gave Trump an overview of the economy at White House dinnerTreasury Secretary Steven Mnuchin spoke to CNBC's 'Squawk Box' on Wednesday. Stupid D-bag question about GSE's. It's not just about Hedge Funds. It's about a lot of people that lost their livelihood. Quit with the fake narrative FakeNews Was it in picture book format? 👶 Sounds Iike something that could be summed up in a word or two.
Source: CNBC - 🏆 12. / 72 Read more »
Fed shouldn't hike rates until outlook is clear: Dallas Fed presidentCNBC's Steve Liesman reports on Dallas Fed president Robert Kaplan's new essay on how the Federal Reserve should stay patient. The Fed will not be able to hike rates despite Trump stevewalker36 Fed said “we have an open, predictable policy” now what? Are they punishing who listened? So we should listen to zerohedge instead. Who trusts Fed again? Or we can just scrap it all and sell it for parts.
Source: CNBC - 🏆 12. / 72 Read more »
Fed's Powell repeats that U.S. economy is in 'a good place'Federal Reserve Chairman Jerome Powell said on Wednesday the U.S. economy remain... for the rich. Thanks, President Obama! You took us out of another GOP ditch and restored a durably strong economy. For who, exactly?
Source: Reuters - 🏆 2. / 97 Read more »
Fed's Powell reveals what he thinks is the biggest challenge over the next decadeSluggish productivity and a widening wealth gap are the biggest challenges facing the U.S. over the next decade, the central bank chief said Pitchforks in the street for you permabulls constant nasdaq bullish charlatans and fake market pumpers That's great, Powell warns of of a THIRD sluggish decade. Lying bastards, wealth transfer by design🖕
Source: CNBC - 🏆 12. / 72 Read more »
How a dovish Fed could put stock market on path for a ‘late 90s style meltup’One strategist sees echoes of the Fed’s 1998 reaction to economic turmoil in the central bank’s policy pivot. That could set the stage for a stock-market meltup that echoes the rally ahead of the bursting of the tech bubble, he says.
Source: MarketWatch - 🏆 3. / 97 Read more »
The fate of the market this year could be in the hands of the 'Powell Put'In a Fed connotation, a put would be a point at which Powell would not let the market fall below before he steps in with more stimulus. ...a Powell-ful statement... Shame federalreserve $Aaple Apple target of SEC probe insider trading, CEO Cook untimely warning, FED announcement. Short Interest, Media manipulation, China Trade wars, recession fears loom. Cook SEC China FED Cramer Corruption Powell AbolishFED
Source: CNBC - 🏆 12. / 72 Read more »
N.Y. Fed reduces U.S. first-quarter GDP growth view to 2.2 percentThe U.S. economy is expanding at a 2.17 percent pace in the first quarter based ... Says slow down! Someone should share with Mulvaney and that other Trump clown popping off about how they were sure they were going to be over 3%... Still higher than any 8 years under Obama.
Source: Reuters - 🏆 2. / 97 Read more »
A global wave of measles cases fed by conspiracies and misinformation has health officials worriedThere were 15 times more measles cases in Europe last year than there were in 2016, according to WHO data released Thursday. It should.. people need to vaccinate their kids. This isn't some kind of joke. There is no conspiracy; the measles out breaks are because of refugees, the red cross warned us about this years ago. It may sound heartless, but the only thing thatll make the antivaxxers vaccinate their kids is if more of their kids die of these horrible diseases. And it’s sad that some innocent kid has to die to make their parents more responsible. Change the laws. For the kids.
Source: washingtonpost - 🏆 95. / 72 Read more »