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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Macroeconomic Trends & Risks
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Author: InParadise   😊 😞
Number: of 4460 
Subject: Re: Inflation/Recession
Date: 04/12/25 7:10 AM
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The question is how will the Federal Reseerve respond (interest rate movement direction) if both happen simultaniously as their mission is to keep inflation low while maximizing employment?

If I were Powell, I would do nothing. This is self-imposed pain that to some extent can be self-corrected. I don't see rates being the problem or the answer for that matter. It's all about the unpredictability and confidence. All bets off in 2027, when Trump can put one of his cronies in his place.

I don't think any of the conventional measures to influence the economy apply with a leader at the helm with an agenda that is not that which is best for the country.

IP
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