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Fed on tariffs

Summary:
LOL … then according to Art degree monetarists they should reduce the rate to figure of speech  “counter the headwinds!”.. which is what Trump wants them to do in the first place… We read the transcripts of the Fed's 2019 meetings so you don't have to, and here's the main takeaway: The headwinds they felt from Trump's tariffs were strong https://t.co/57LOVFGjbn— Bloomberg Economics (@economics) February 2, 2025

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LOL … then according to Art degree monetarists they should reduce the rate to figure of speech  “counter the headwinds!”.. which is what Trump wants them to do in the first place… 




Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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