That would make you incompetent like Trump. Again, not how the world works normally but Trump has his little two year fling to act irresponsibly and see what happens. They'll try to back track on as much new policy as they can once it all starts blowing up in measurable ways.
If you claim somebody's facts are wrong then the onus is on you to back up your claim, otherwise you're claim is as empty as your words and "the contents of your post are a waste." Be sure to enlighten everybody here how higher interest rates do not equal higher mortgage payments, auto loans, and credit card rates. Should be interesting to see how you somehow refute a kindergarten level economic theory law.
PCE hotter than expected and fools want rates to 0% The Federal Reserve's preferred inflation measure — the Personal Consumption Expenditures, or PCE — ticked higher last month, signaling that President Trump's tariffs are pushing some prices higher. Prices rose 2.6% in June compared with a year ago, the Commerce Department said Thursday, up from an annual pace of 2.4% in May. Excluding the volatile food and energy categories, prices rose 2.8% in the past year, the same as the previous month, which was revised higher.
There's always going to be people who want the extremes of either end of the spectrum. I mean, Obama had it at 0% his entire two terms except for his last year where they finally decided to kick off the training wheels. Most reasonable people just want the Fed to actually provide what data they are currently leaning on to continue at current rates, which they suddenly refuse to provide (there is none). When even the talking heads on CNBC are cursing the Fed then you know the pendulum has swung the other way to lower rates.