med-mastodon.com is one of the many independent Mastodon servers you can use to participate in the fediverse.
Medical community on Mastodon

Administered by:

Server stats:

371
active users

#interestrates

26 posts22 participants6 posts today

Federal Reserve Board member Adriana Kugler said tariffs are beginning to push up consumer prices, supporting a continued rate hold to curb inflation, as inflation remains above the Fed's 2% target and further price pressures are expected.
#YonhapInfomax #FederalReserve #AdrianaKugler #Tariffs #Inflation #InterestRates #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
en.infomaxai.com/news/articleV

Yonhap Infomax · Kugler of Fed Says Tariffs Starting to Impact Prices—Supports Rate Hold for Now
More from Yonhap Infomax News

So while the rest of us may be worrying about inflation going up, Andrew Bailey will be shedding crocodile tears as it gave him & the BoE/MPC sufficient reason to be 'cautious' & keep interest rates pegged where they are because 'inflationary pressures' are clearly not dissipating....

The sado-monetarists' squeeze on the real economy can continue, and they can carry on blaming Rachel Reeves for the slowdown they have engineered.

Continued thread

It remains to be seen whether #Trump will actually go ahead with trying to fire #JeromePowell, a move that some in his admin have cautioned could be calamitous & have far more expansive fallout than Trump appears to anticipate.

Trump has in recent weeks called on Powell to resign, saying he has not done enough to lower #InterestRates. But as recently as Friday Trump said he had no plans to fire Powell, despite saying the #FederalReserve chair was doing a “terrible job.”

#US #consumer prices picked up in June, marking the start of a long-anticipated #tariff-induced increase in #inflation that has kept the #FederalReserve cautious about resuming its #InterestRates cuts.

The Consumer Price Index [#CPI] increased 0.3% last month after edging up 0.1% in May, the #Labor Dept’s Bureau of Labor Statistics [#BLS] said on Tues. That was the largest gain since January.

#economy #TrumpTariffs #Trump #Trumpcession #recession
reuters.com/business/us-inflat

#Trump could possibly fire #FederalReserve chair #JeromePowell over the renovation of Fed facilities, National Economic Council [#NEC] director #KevinHassett said Sunday.

The admin's relentless efforts to get Powell to either cut interest rates or leave have called the future #independence of the central bank into question.

The mere threat of firing Powell caused a sell-off in #markets earlier this year that sent #InterestRates soaring.

#law #economy #AbuseOfPower
axios.com/2025/07/13/trump-pow

National Economic Council director Kevin Hassett on the White House grounds.
Axios · Trump could potentially fire Powell over Fed renovations, Hassett saysBy Ben Berkowitz