Fed Chair Powell hints at rate cuts while Trump's tariffs create $35K job shortage
Key Points
- The Federal Reserve is facing economic pressure with a poten...
The Federal Reserve's September 16-17 meeting is approaching faster than a margin call on a meme stock position, and Jerome Powell finds himself juggling more balls than a circus performer with a finance degree. The latest Beige Book reads like a relationship status update: "It's complicated."
While economic activity and employment are holding steady (think treading water rather than swimming), Trump's tariffs are playing the role of that annoying friend who overstays their welcome. Businesses are feeling the squeeze harder than a penny stock investor watching their portfolio during earnings ...
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