Source: News Formal (newsformal.com)
The problem is that he has credibility issues. Markets are reacting to actions not words (as it used to before)
It’s really bad, isn’t it?
Does anyone genuinely believe that anything that comes out of realDonaldTrump’s Mouth is informed, let alone true?
⚠️💰😏
Too bad nobody believes anything he says.
They are not the problem.
But all he does is lie so there's that.....
The people that run the fed aren’t elected yet have huge amount of control over our economy. Just trump toying with the idea of firing the chairman brought the markets down. Major flaw in our system and needs to be corrected. AuditTheFed abolishthefed
Trump voiced his 1,000% confidence in Mike Flynn before firing him, too.
The problem is that he’s a known liar. The financial markets can’t trust anything he says.
This was hilarious Obamas brilliant stock market destroyed by trump
The confidence of a life-long bullsh!t artist. Now that is comforting.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cleveland Fed President Loretta Mester says if inflation doesn't rise, Fed could stop hikesBetter news; but Fed has no credibility. God willing and the creek don’t rise. forgetaboutit Tell Cramer
Source: CNBC - 🏆 12. / 72 Read more »
NY Fed President John Williams says the Fed could re-evaluate view in 2019The Fed is open to reconsidering its views on rate hikes next year, NY Fed President John Williams says. Hilarious - Fed Chair federalreserve realizes the massive communication blunder (2nd time around btw) so he sends one of his guys to repair the damage. Disastrous Fed Chair Powell 🤣👏👏 We are facing an unwind of a 10 year worldwide bubble.....bigger than the 2008 bubble. Reconsidering FED views on rate hikes ain't gonna' do much. FED needs to work with Treasury to decrease the deficit and improve Federal balance sheet.
Source: CNBC - 🏆 12. / 72 Read more »
Former Dallas Fed President: Fed will focus on real economy, not markets'They will adjust, they will be flexible, they will be patient,' Fmr. Dallas Fed President Richard Fisher said he doesn't understand why the market is so nervous about Fed policy decisions. 'This is standard Federal Reserve rhetoric.' Trying to wreck Trump's Economic Rally How is it possible that Powell and the fed board talk so much while saying so little. They should just release an emoji once a year. 👍👎 It was the 233% increase in rates in 21 months with promises of more that was problematic! 🙄
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 »
Former Dallas Fed president: It would be a serious mistake for the Fed to hike ratesKate Moore, BlackRock chief equity strategist, and Richard Fisher, former Dallas Fed President, join 'Halftime Report' discuss the Fed’s rate hike decision today and what effect it could have on the market. The Fed knows their borrowing rate is now neutral: Strong economy, low unemployment and little to no inflation in sight. They don’t want to cause a recession, do they? realDonaldTrump CNN ABC NBCNews MSNBC FoxNews Richard Fisher was very insightful today, on Fed thinking/methodology Fed upping rate is Just an anti-Trump move., Nothing else. Everyone in our government is mobilized.
Source: CNBC - 🏆 12. / 72 Read more »
Trump advisor says Fed Chair Jerome Powell and Treasury Secretary Steven Mnuchin's jobs are safeHassett told a reporter at the White House that Powell's role is completely safe. That assurance followed an appearance on Fox Business News, where Hassett said he is highly confident that the president is happy with Mnuchin. All the other goners jobs were safe also. As usual the opposite is true. They will both be gone sooner than later.
Source: CNBC - 🏆 12. / 72 Read more »
Trump Won’t Try to Fire Fed Chairman Powell, Treasury Secretary SaysPresident Trump hasn’t suggested firing Federal Reserve Chairman Jerome Powell and doesn’t believe he has the authority to do so, Treasury Secretary Steven Mnuchin said Saturday. The problem is, all Republicans everywhere are pathological liars, so you can’t trust anything any of them say. If markets believe that Trump is looking to fire Powell, the markets will plunge another 5% on Monday. If he actually does it, they will plunge 10% in a single day! That I think is why Mnuchin tweeted earlier today it wasn't true. This is serious moment for all of us. I know I personally believe everything they say. Mainly because of the long history of veracity.
Source: WSJ - 🏆 98. / 63 Read more »
Treasury Secretary Mnuchin: Trump never said he would fire Fed Chairman PowellMy ass Are we supposed to believe that he wouldn't fire him...haaaaa
Source: CNBC - 🏆 12. / 72 Read more »
Dow plunges more than 650 points as President Trump blames FedJUST IN: Joint statement from Democratic leaders Chuck Schumer and Nancy Pelosi: “It's Christmas Eve and President Trump is plunging the country into chaos.' they better do something b4 he paints it gold General Mattis retired. He wasn't fired. But, truth or something you know? It's the Dems and the media that are creating the problem. Trump is doing what we asked for.
Source: ABC - 🏆 471. / 51 Read more »
Dow plunges more than 650 points as President Trump hammers FedThe Dow Jones Industrial Average continued to plummet Monday after U.S. Treasury Secretary Steven Mnuchin shocked investors worldwide over the weekend by tweeting that he had spoken to the CEOs of the six largest U.S. banks to ensure they were liquid. The Dow ended the day down a dramatic 653 points realDonaldTrump thanks The Dow is only important to the 'big money liberals' Heading into a recession
Source: YahooNews - 🏆 380. / 59 Read more »
Fed Chairman Powell Won't Resign if AskedIn remarks made Friday at a moderated discussion at the American Economics Association meeting in Atlanta, Federal Reserve Chairman Jerome Powell said he would not resign if asked by President Trump. Photo: AP trump needs to be impeached!! and Why even discuss this? Trying to get a head of the game? Good Luck! You’re fired.
Source: WSJ - 🏆 98. / 63 Read more »