Mr Haney debriefs Powell yesterday to identify the GOP dream scenario for 2024:
“To get inflation down to 2.2%, based on history, unemployment would have to go to 10.6%."
— Patrick Bet-David (@patrickbetdavid) March 8, 2023
Both Sen Kennedy & Jerome Powell could be right.
pic.twitter.com/yWIjQVTxHZ
Dementia Brandon telling Fed to “stay the course!”, while Pocahontas not so sure:
WATCH🚨: Federal Reserve Chair Jerome Powell: “We are taking the only measures we have to bring inflation down.”
— Officer Lew (@officer_Lew) March 7, 2023
Sen. Elizabeth Warren (D-MA): “And putting 2 million people out of work is just part of the cost, and they just have to bear it?” pic.twitter.com/ctJ1Nyv9eM
Trump will eventually add a severe policy rate reduction to his economic platform to reduce the financing costs of his economic recovery plan and reduce any unemployment but not until it would be too late for dumb Dems to possibly tell the Fed to reverse in response…
BAC pushing recession forecast back to 2Q 2024:
BANK OF AMERICA CEO: US INTEREST RATES TO BEGIN FALLING Q2 2024
— *Walter Bloomberg (@DeItaone) March 6, 2023
BANK OF AMERICA CEO: DONT THINK WE WILL SEE DEEP US RECESSION
So this money center bank planning for recession mere months before the 2024 election…