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#jeromepowell

12 innlegg6 deltakere0 innlegg i dag
R. P. Scott<p>Gold smashes record on Fed cut bets and eroding trust</p><p>&gt; Compounding the bullish momentum is a crisis of confidence in US institutions. Trump's public criticisms of Fed Chair <a href="https://hachyderm.io/tags/JeromePowell" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>JeromePowell</span></a> and reported efforts to influence the board have sparked fears that the US central bank's political independence is under threat, a scenario European Central Bank President Christine Lagarde called a "very serious danger" to the global <a href="https://hachyderm.io/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a>.<br> <a href="https://news.cgtn.com/news/2025-09-05/Gold-smashes-record-on-Fed-cut-bets-and-eroding-trust-1GpZrZn9NYI/p.html" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">news.cgtn.com/news/2025-09-05/</span><span class="invisible">Gold-smashes-record-on-Fed-cut-bets-and-eroding-trust-1GpZrZn9NYI/p.html</span></a> <a href="https://hachyderm.io/tags/DonaldTrump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>DonaldTrump</span></a> <a href="https://hachyderm.io/tags/MAGA" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>MAGA</span></a> <a href="https://hachyderm.io/tags/gold" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>gold</span></a> <a href="https://hachyderm.io/tags/FederalReserve" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FederalReserve</span></a></p>
MugsysRapSheet 🔩🐑🐘

#DisasterDon fired the Director of the #BLS last month, accusing her of reporting "fake" jobs numbers just to make him look bad ("The numbers can't possibly be that bad! I'm doing a fantastic job!")

So now that his replacement director is reporting the same terrible (and getting worse) #jobs numbers, he's finally admitting he's a failure and his economic policies aren't working.

Just Kidding.

He's digging in his heels and blaming Fed Chair #JeromePowell. 🤦‍♂️
cbsnews.com/news/jobs-report-a

www.cbsnews.com · Employers added 22,000 jobs in August, falling short of forecasts, as labor market coolsAv Aimee Picchi
Nonilex

On Friday, a federal judge in Washington will hold the first hearing in #LisaCook’s case against the #Trump admin for attempting to fire her. The hearing will focus on Cook’s request for a temporary restraining order. If the court grants the order, it will allow her to continue serving on the Fed’s board while she contests her firing.

#CentralBank #JeromePowell #FederalReserve #law #economy
nytimes.com/2025/08/29/us/poli

Lisa Cook, who was appointed to the Fed’s board of governors in 2022, during a July conference at the Federal Reserve in Washington.
The New York Times · How the Future of the Fed Came to Rest on Lisa CookAv Colby Smith
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