Arguably the U.S.’ most powerful economic official took the stage Friday with the American economy at an inflection point.
  • ChicoSuave@lemmy.worldEnglish
    12·
    25 days ago

    Honestly shocked that Trump appointee Powell hasn’t crashed the market completely. But then again, raising the price of everything and making basics unaffordable is crashing the world, so it’s probably going to need time to really see the devastation.

    • realcaseyrollinsOPEnglish
      11·
      25 days ago

      We will start to see it as soon as he lowers interest rates. That always makes things economically painful, even if it’s better for the long-term health of the economy.