Pluralistic: Daily links from Cory Doctorow – No trackers, no ads. Black type, white background. Privacy policy: we don't collect or retain any data at all ever period.Jan 26Pluralistic: Trump and the unmighty dollar (26 Jan 2026)
https://fed.brid.gy/r/https://pluralistic.net/2026/01/26/i-dont-want/
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/
Trump gets a math lesson from Jerome Powell in front of a live audience. Take that big bad business man!
Vaughn Hillyard, NBC News White House Correspondent and Glenn Thrush, New York Times Justice Department Reporter joins Nicolle Wallace on Deadline White House with reaction to Fed Chair Jerome Powell standing up to President Donald Trump as he tried to make up lies in real-time in front of him on camera.
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
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