timelets: (Default)
timelets ([personal profile] timelets) wrote2025-01-25 09:21 pm
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Fucking moron

“I’ll demand that interest rates drop immediately,” Trump said. “And likewise, they should be dropping all over the world. Interest rates should follow us all over.”
...
Those comments come ahead of the Federal Open Market Committee meeting on Jan. 28-29, where interest rate decisions will be made. Markets are pricing in an almost 0% chance that the Fed will lower interest rates at its next meeting, per the CME Group data.

https://www.cnbc.com/2025/01/24/us-treasury-yields-investors-consider-trumps-latest-comments-.html



https://www.cnbc.com/quotes/US10Y

Financial markets believe neither his bs promises to lower inflation, nor Musk's promises to reduce government spending.

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