🇬🇧 Red Special 🇬🇧
24.4K posts
🇬🇧 Red Special 🇬🇧
@RedSpecial007
An unfinished sentence is like a ...
Katılım Şubat 2010
90 Takip Edilen276 Takipçiler
Global central bankers unite in defense of Fed Chair Jerome Powell cnbc.com/2026/01/13/jer…
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@CNBC @bsurveillance If @NATO & @EU_Commission leaders can’t stop @realDonaldTrump, what makes anyone think that he will listen to united “global central bank chiefs from 11 institutions”? The only thing that will stop @realDonaldTrump is his own morality (his words) & the stock market
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Half of Americans are struggling to afford a normal life, but the Federal Reserve is spending $3 billion to build themselves a castle fit for a king.
$3 billion!
I don't know who is right or wrong on the recent allegations. The politics of it all are for someone else to figure out.
But it seems objectively ridiculous to lavishly spend this much money when our country is broke and in trillions of dollars of debt.
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🚨 NOW: Trump says Fed Chair Jerome Powell “kills every rally,” arguing rates should be cut when strong economic data comes out.
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Trump’s persecution of Jerome Powell and his political opponents must end.
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Every former living Fed Chair (Bernanke, Greenspan, Yellen)
Bipartisan former Treasury Secretaries (Geithner, Paulson, others)
Bipartisan former CEA Chairs (Hubbard, Mankiw, Romer--and me)
This is not a difficult or controversial issue. The attack on Powell is dangerous.
Colby Smith@colbyLsmith
Former Fed chairs and Treasury secretaries put out a statement on Monday defending Powell after the Justice Department opened up a criminal investigation of the chair, likening the move to what happens in emerging markets jointstatement.substack.com/p/statement-on…
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Dangerous to privileged Keynesians. The notion of a committee setting interest rates is absurd Professor. The free market should do that.
Jason Furman@jasonfurman
Every former living Fed Chair (Bernanke, Greenspan, Yellen) Bipartisan former Treasury Secretaries (Geithner, Paulson, others) Bipartisan former CEA Chairs (Hubbard, Mankiw, Romer--and me) This is not a difficult or controversial issue. The attack on Powell is dangerous.
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So a cartel of insanely rich international bank executives is rallying together to defend one of their guy’s shady construction of a lavish $3 billion palace…
…and the “Eat the Rich” leftoids are all like “YEEEAAH GO TEAM, SUCK ON THAT, DRUMPF, YEAH!”
Amazing.
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FED CHAIR JEROME POWELL IS IN HUGE TROUBLE 🚨
He's TRAPPED, here's why.
Just now, US CPI came in line with expectations at 2.7%, while Core CPI came in lower than expected at 2.6%.
This is the exact number that came during the last CPI print, which means CPI is not running hot.
And this could be a problem for Powell.
Powell has been holding rates because the Fed thinks inflation will go up.
But instead of that, CPI and Core CPI are moving towards the Fed's target.
Also, Truflation, which calculates CPI in real time, is showing that US inflation is now below 1.8%
This means the Fed is late in cutting rates, and this is a bad thing.
The economy is already in distress due to high rates, and the Fed is still pausing rate cuts despite low CPI print.
As we all know, the Fed did a 50BPS rate cut right before the 2024 election, even though the markets were expecting 25BPS.
Back then, Core CPI was at 3.3%, while the unemployment rate was at 4.1%.
Today, Core CPI is at 2.6%, and the unemployment rate has surged to 4.4%, but still the Fed is being hawkish.
And I think Trump administration knew about this CPI data and that's why they are going after Powell.
Powell can say anything he wants, but the reality is that the Fed is way behind its curve.
The market needs more rate cuts, and the Fed will have to deliver it in 2026.
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President Trump just implied that Jerome Powell has potentially been committing fraud while the renovations to the Federal Reserve have been underway 👀
“He’s got some problems… He’s renovating a small building. It’s the most expensive construction job in history - and it’s only a renovation. I could have done that job for $25 million dollars.
They’re spending billions of billions of dollars.
He either doesn’t know what he’s doing or it’s worse than that - and you know what I mean by ‘worse’.”
Damn. Now we know why he is panicking.
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🚨 JUST IN: BRUTAL loss for the experts and Jerome Powell after inflation comes in at just 2.7% PERCENT - the tariffs did NOT cause massive inflation
"This shows how WRONG Fed Chair Jerome Powell was!"
Trump and Scott Bessent were right again! 🇺🇸🇺🇸
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Americans are FINALLY waking up to the fact that WE THE PEOPLE are simply pawns in the elite's game.
Nothing but worker bees.
The politicians, the media, Hollywood, the deep state, all of them.
"The government is a MAFIA that launders our tax dollars back to themselves."
I smell a revolution coming.
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You’re all shareholders in BIS.
Trump is likely handing $USD monetary policy over to Blackrock.
Power is shifting within the financial industrial complex.
It’s a ruthless game at the top, but Blackrock got the top job at WEF and may get the top job at the Federal Reserve too
European Central Bank@ecb
The ECB and other European and international central banks stand in full solidarity with the Federal Reserve System and its Chair Jerome H. Powell. The independence of central banks is in the interest of the people we serve.
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Milton Friedman on the Federal Reserve:
“I’ve long been in favor of abolishing it. There’s no institution in the US that has such a high public standing and such a poor record of performance... It has done far more harm than good.”
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I have not seen Washington and global policymakers unified behind a US policymaker like this since Anthony Fauci.
Joe Weisenthal@TheStalwart
Wow. Statement signed by the heads of the ECB, BoE, Riksbank, the Danish Nationalbank, SNB, RBA, Boc, BoK, BCdB, BIS
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