Investing.com - Financial Markets Worldwide
Get 40% Off
Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

NewsBreak: Trump Tweets That Fed Failed Again

Published 09/18/2019, 02:31 PM
Updated 09/18/2019, 02:48 PM
© Reuters.

Investing.com - President Donald Trump tweeted that the Federal Reserve and Fed chief Jerome Powell had “no guts” and had failed again after cutting interest rates by just a quarter point. Trump has called for rates to go to zero.

  • “Jay Powell and the Federal Reserve Fail Again. No 'guts,' no sense, no vision! A terrible communicator!" Trump tweeted.

    Latest comments

    He does not have Phd
    Powell is a investor, he make millions. He will not give any *******to anyone.
    Crazy everything just went up just like that, your bread, your apples, your oranges, your car, the service for your car all went up just because interest rates went down and they said inflation is not an issue at this time. LMAO
    How can read his thoughts? He has "no understanding of economics". Could it be that he is always persuading the direction he wants the market to go. Saying he wants 0 percent rates is more powerful persuasion than saying he wants 1.75. Similiar to his sales people start with a high price and negotiating down. Switzerland has negative rates and their economy is excellent. Looks like you need the economics lesson.
    Trump is looking at global competition. Just like china control its own currency vlaue
    Trump has no understanding of economics and doesn't care about the outcome beyond trying to inflate the financial markets so that he can brag again. The Fed's decision has absolutely nothing to do with "no guts". Trump likes to brag that the economy is fantastic and employment rates are at historical highs. But zero % interest rates are for when the economy is in trouble. Somebody give him an economics lesson.
    very true. hes only looking out for himself and its at all of our expense. How can this economy being doing "best ever" and talk of massive rate cuts at the same time!?
    Interest rates and the economic are not directly correlated. The rest of the world is cutting rates and so are we to keep our advantage.
    just like the 2008 recession but now they're taking it slowly https://money.cnn.com/2008/01/22/news/economy/fed_rates/index.htm
    We have seen this movie before. What happened the last time the Fed, under Greenspan, lowered rates and kept them low for too long? We ended up in the 2008 financial crisis.
    that is completely incorrect
    Watcha talkin about Brian? LOL
    A bullish move for someone who wants be reelected, but run it to zero. Perhaps zero will prolong entry into the next economic recession by managing the economy, opposed to managing consumer expectations.
    Trump is making you go crazy
    I agree with no guts. we need 0%
    The Fed ought to be abolished. They have managed the USD down to 1488th/1 oz of Gold.
    we should be raising rates if the economy is doing so well..
    well noun ˈwel Definition of well (Entry 1 of 5) 1a : an issue of water from the earth : a pool fed by a spring b : SOURCE, ORIGIN 2a : a pit or hole sunk into the earth to reach a supply of water b : a shaft or hole sunk to obtain oil, brine, or gas 3a : an enclosure in the middle of a ship's hold to protect from damage and facilitate the inspection of the pumps b : a compartment in the hold of a fishing boat in which fish are kept alive 4 : an open space extending vertically through floors of a structure 5a : a space having a construction or shape suggesting a well for water b : the area behind a bar in which items used most frequently by a bartender are kept 6a : something resembling a well in being damp, cool, deep, or dark b : a deep vertical hole c : a source from which something may be drawn as needed 7 : a pronounced minimum of a variable in physics a potential well well verb welled; welling; wells Definition of well (Entry 2 of 5) intransitive verb 1 : to rise
    There’s more. But I think it might be easier for you to google it yourself.
     I understand but we've been told that the economy is rock solid, "great", the "best" it's ever been.  5% interest rates were previously considered artificially low rates in 2007.  The stock market is now twice the size of the previous big bubble.. The Fed should hold or increase.. If the market corrects, GREAT!  Let's bring it down to reality for a healthy correction.
    In a global race of "relative currency devaluation", if an individual country maintains "higher relative rates" this action serves to "attract capital and foreign investment". We can only HOPE that the Fed will independent of Trump's Bully pulpit and keep short term interest rates "relatively high". And I remember when 4-6% was considered "artificially low rates"...
    Great job the FED has managed the USD down to 1488th/1 oz of Gold. Please!
    What would the global economy be without his tweets? It help to listen to economic advisors, something President choose not to do. Great decision-making from the Fed!
    Dont tou think the US economy is doing just fine with Trump?
    LOL mr.President struggle to REFI his properties
    Powel wants to take the cuts slow and Trump wants to speed it up. With Europe and Asia beginning to see sliw downs in their economys maybe Powel should speed up the reductions a bit. But either way in the long run we will be at zero probably after the election.
    The trade war exacerbated our economic problems for sure. But let's not pretend the economy was doing great beforehand.
    What made you think the US ecocomy wasn’t doing great? Even Trump said the current economy is fine.
    trump is a travesty on this nation
    Since somebody apparently wants interest rate cuts to support the trade conflict, why wasn't this all laid out before the word trade was even mentioned. Seems somebody is only capable of seeing the small picture then throwing temper tantrums when they don't get their way. Interest rate issues should have been discussed long before a trade plan was brought out. Only sees the small picture. That's not what we need.
    Somebody dosen't have knowedge.
    he won't be happy until he gets negative interest rates while we enter the next recession.
    Which he will make sure it's after his re election. Then he won't care.
    Trump should ask them raise rate up to 50points yup Powell will cut it down to 50
    Agreed! The ultra conservative old goats should be fired.
    Trump needs to show his guts and do whatever he can to remove Powell before he does anymore damage.
    Install Our App
    Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
    Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
    Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
    It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
    Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
    © 2007-2024 - Fusion Media Limited. All Rights Reserved.