Maintains the rather consistent position that the judiciary has displayed about the importance of the independence of the Fed.
Allows for additional consistency in rate cut decision making, as there are arguments on both sides of the line as to whether a rate cut is appropriate. And if so, by how much.
Myers112 on
Will be super interesting if this goes to the Supreme Court given we now know she didnt even do what they are accusing her of.
I bet the administration appeals, but it doesnt get taken up by the court. They are going to have to either fire Powell soon or just wait for his term to expire
AppropriateRefuse590 on
I hope Cook uses his vote in the meeting to prove his independence and slap that orange bastard in the face.
If the orange bastard wants rate cuts, that means it’s the wrong move.
His economics basically has to be read in reverse.
3 Comments
Maintains the rather consistent position that the judiciary has displayed about the importance of the independence of the Fed.
Allows for additional consistency in rate cut decision making, as there are arguments on both sides of the line as to whether a rate cut is appropriate. And if so, by how much.
Will be super interesting if this goes to the Supreme Court given we now know she didnt even do what they are accusing her of.
I bet the administration appeals, but it doesnt get taken up by the court. They are going to have to either fire Powell soon or just wait for his term to expire
I hope Cook uses his vote in the meeting to prove his independence and slap that orange bastard in the face.
If the orange bastard wants rate cuts, that means it’s the wrong move.
His economics basically has to be read in reverse.