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Phyrex
Phyrex|Apr 30, 2025 17:20
There is indeed a 'slow' action force, but there is a reason for it, because inflation is currently the most concerned issue for the Federal Reserve. If it has to choose between inflation and recession, the Federal Reserve's choice is to enter recession to reduce inflation. So Trump is right to say that Powell is slow, while Powell and the Federal Reserve are "right" to be slow. After all, it is difficult to reduce inflation without recession.
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Timeline

May 29, 22:43【Trump and Powell meet for the first time to discuss economic development】
May 29, 22:41【Trump and Powell Meet to Discuss Economic Development】
May 29, 18:15【Trump informs Powell of Federal Reserve interest rate error】
May 29, 18:00【Trump tells Powell that Fed rate hike was wrong】
May 29, 17:19【Powell says Fed interest rate policy depends on data】
May 29, 17:07【Trump meets with Federal Reserve Chairman Powell】
May 29, 17:01【Trump meets with Federal Reserve Chairman Powell】
May 29, 17:01【Powell meets with President to discuss economic development】
May 29, 16:56【Trump meets with Federal Reserve Chairman Jerome Powell】
May 29, 16:55【Powell and Trump discuss economic issues】

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