Pluralistic: Trump and the unmighty dollar (26 Jan 2026)
https://fed.brid.gy/r/https://pluralistic.net/2026/01/26/i-dont-want/
#thefed
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2026-01-26
Fed Faces Trump Pressure on Rate Cuts
The Fed faces Trump’s political pressure on interest rate cuts, raising concerns over the independence of the US central bank.https://www.olamnews.com/economy/1846/fed-faces-trump-pressure-rate-cuts/
Ok y'all...let's talk finance. Big finance, the one that rocks the cradle of the world economy. The US Federal Reserve.
The Reserve, commonly referred to as "#TheFed" is not part of the executive branch; it is an independent central bank that operates within the federal government but is designed to be insulated from political pressures. Its decisions do not require approval from the President.
So why is King Kankles going after Federal Reserve governor Lisa Cook? Because she is a #Black #Woman. That's it. That's all there is to it.
The guy who owns the largest homebuilder in the country #Pulte, sent a tweet with no proof that Ms. Cook had filed a paper incorrectly 4 years before she joined the Fed. That's the whole justification for #47 demand.
It's #racism and #grift all the way down.
Oh, btw, the dollar is falling and countries are dumping t-bills. Fun! Thanks, #KingKankles
#FederalReserve #USPol #FinancialDisasterLooming
https://www.federalreserve.gov/aboutthefed/fedexplained/who-we-are.htm
Powell my man I know you're trying to stop the economy from collapsing and all but I kinda needed that rate cut like 12 months ago brother, let's go! #Refinance #TheFed
Trump gets a math lesson from Jerome Powell in front of a live audience. Take that big bad business man!
The BLS report published in June exceeded market expectations in terms of key indicators. Job growth amounted to 147,000, significantly higher than the consensus forecast of 110,000 and in line with the average for the last 12 months (146,000).
https://globaltribune.net/the-us-labor-market-report-contains-several-unpleasant-surprises
I hear Jerome Powell and #TheFed are in hot water!
Jerome and his banking pals will keep making mistakes against #trump until they start living in reality. He’s not playing their same game.
Listened Re-Segregating the #economy — to the roots of change podcast episode from March.
https://m.youtube.com/watch?v=yFrhU-32cck&dp_isNewTab=1&dp_referrer=youtube&dp_allowFirstVideo=1
"We've taken a step back & we're watching to see what the policies turn out to be & the ways in which they will affect the #economy. Then we'll be able to act. Fortunately, our policy stance is in a good place for us to do that." thanks to #Biden / #Bidenomics]
#TheFed, he added is in the same place as everyone else, awaiting clarity on policies.
[again, cuz shit is crazy]
#ETTTTS #Trump #tariffs #inflation #recession #geopolitics #USpol
#JeromePowell signaled that #TheFed would not be making any hasty decisions on #InterestRates.
"It's a good time to take a step back & let things clarify. That's why it's just too soon to say what the appropriate monetary policy response will be to these new policies. It is just too soon to say. We can't say with any confidence today." [cuz shit is crazy]
#ETTTTS #Trump #economy #tariffs #inflation #recession #geopolitics #USpol
#JeromePowell says #TheFed does not forecast #recession probability.
"We don't actually, we don't make a probability forecast of how likely it is for there to be a recession, but many outside forecasters do, & many of them have raised the likelihood, …there's not much more I can say about that."
Powell stressed that he did not want to be part of a political discussion about #policy.
The Fed is not responsible for #trade, #immigration, fiscal or other policies.
🎙️ New Pod Alert 🚨
Re-Segregation, The Economy, & Living in Reality
I’m Speaking Directly to Project 2025's Reality that the media is too shocked to tell. Jerome Powell, #thefed and the #democrats aren’t living in reality so they’ll never meet the moment.
Facing reality is step one to stopping #fascism and building our #activism and #movements
https://www.rootschangemedia.com/re-segregation-the-economy-living-in-reality/
US #CentralBank holds #InterestRates steady
#TheFed said it will slow the pace of the drawdown of its balance sheet, as it faces challenges in assessing #market liquidity….
Stmnt: "The Cmte will continue reducing its holdings of #Treasury #securities & agency #debt & #mortgage‑backed securities. Beginning in April, the Cmte will slow the pace of decline of its securities holdings by reducing the monthly redemption cap on Treasury securities from $25B to $5B."
#economy
https://www.reuters.com/world/us/fed-meeting-live-us-stocks-open-higher-investors-eye-rate-decision-2025-03-19/
…This week’s pause is fueled at least partly by uncertainty over the way #Trump could enact new policies, such as a return to an #aggressive & #unpredictable global #trade overhaul w/ #threats to impose significant #tariffs on US trading partners. Though it’s unclear exactly how those policies will affect the #economy, some #Fed ofcls have already begun to factor these policies into their economic projections.
The #FederalReserve left interest rates unchanged on Wednesday, amid a cloudy economic outlook, partly because some of #Trump’s policies could stymie the fight against #inflation.
Wednesday’s pause comes after the central bank cut interest rates by a full percentage point between Sept & Dec last year. Officials anticipate the pace of future cuts slowing to just 2 this year, down from 4 cuts that they projected before the election.
#economy #TheFed
https://www.washingtonpost.com/business/2025/01/29/fed-meets-on-interest-rates/
ITS A SPECIAL DAY!! 23 december 2024 will mark ....*drumroll*
.... 111 years of the "federal" reserve
Yes, congress actually convened on Christmas Eve Eve 111 years ago to give the power of the money supply to a cartel of private banks that would go on to help fund #ww1, hitler's #germany, actual overt fascism by germany that included known #slaveLabor camps, alongside the #bankOfEngland through its governor, sir #montaguNorman, connected to the father of #georgeBush senior, herbert walker bush, through a merger with the firm Brown Brothers Harrimen.
yay for central banking and the imperial war machine /s
(hashtags for above post, "BANKS ATTACKING PEOPLE who learn what money is?!" ^^^)
#operationChokepoint #bitcoin2013 #banksters #preCrime #bankerCrimes #whiteCollarCrimes #cyberAttack #federalReserveBros #theFed #antibitcoinism #democracy #moneyPrinterGoDrrr #wikileaks #paypal #visa #mastercard
Economist Claudia Sahm with excellent insights into inflation and job creation. What really appeal to me are her ideas to expand reserves beyond just money, or oil, to include buffer stock reserves for key industries (necessities which might be difficult to obtain in the case of war, climate disasters, transportation?) My favorite story from Genesis is when Jacob’s son Joseph interprets Pharaoh’s dream to plan for famine.
#inflation #TheFed #FederalReserve #planning
Five year ago today in 2019 the '(not) federal' Reserve was printing about 10 billion per day becasue the banks we're not trusting each other in the overnight lending market.
this was called the #repocrisis (short for 'repossession')
#thefed never stopped printing the money, the repo crisis sort of just morphed into #coronavirus crisis in 2020.
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