Damn! This is the fifth time! These suited tough guys at the Federal Reserve don't even blink, firmly pressing interest rates at the volcano of 4.25%-4.5%. Is the White House’s phone call smoking? Are the markets crying out for help? It doesn’t work! Powell, with a cigar in his mouth and legs crossed, says: 'Want a rate cut? That word doesn’t exist in my dictionary!'
What's even crazier is that there’s a rebellion within! Waller and Bowman are slamming the table in revolt—this is the first time since the old coffin fillers retired in 1993 that the Federal Reserve Board has erupted with a double whammy! Waller, this old guy, is holding in his succession fart, two weeks ago he was hypocritically shouting for rate cuts, and then turned around to stab Powell in the back. Bowman is even more outrageous; last year he was waving the 'rate hike flag' like a bandit, and this year he instantly transformed into the 'vanguard of rate cuts.' This is not a monetary policy meeting; it's clearly Wall Street's version of Game of Thrones!
Do you know what’s the scariest thing? The tariff knife is hanging over the heads of the common people!
The bosses are playing the fool now. Before the tariffs hit, they are desperately stockpiling goods, gritting their teeth and afraid to raise prices—worried that they will scare off consumers who are already struggling. Do you think they are saints? Wait until the day the inventory runs out; let's see if the small bosses will flip the table! At that time, prices will explode, and the numbers on your paycheck won't even buy a bag of bread! Powell and his crew are sweating over inflation data like they have Parkinson's. Clearly, prices went crazy in 2021, and the economy didn’t collapse, but they are too scared to adjust interest rates, afraid of igniting the sparks of inflation.
Wednesday's data is even more damn magical: GDP growth at 3.0% sounds impressive? But ripping off the pants reveals—private consumption growth plummeted from 2.9% at the end of last year to 1.2%! The wallets of the common people have already been emptied by inflation, and now the tariff club is swinging back; who still dares to spend money? Economists are cursing with spittle flying: 'The labor market is as soft as mud, tariffs have sucked blood to the bone; the economy is only not limping because of a miracle!'
The Trump administration is still chanting: 'Tariffs benefit America's long-term future'? 'High-paying jobs falling from the sky'? Nonsense! The 15% tariffs from the U.S., Japan, and Europe look gentler than the threatened 25% in April? A dull knife cutting flesh hurts more! What's even more insidious is that this old madman Trump could raise the stakes at any moment, and the old men in the courts might jump out to tear up the agreement—this policy gambling table is darker than a Macau casino!
Tax cuts are pouring oil on the fire, and the Federal Reserve is being grilled on it.
The White House just dropped a tax cut bomb, and the Republicans are actually thinking about directly giving money to the public? The economy is like an old horse that’s already foaming at the mouth, and they still want to whip it? If they lower interest rates now, and the labor market gets stimulated to the point of howling, Powell will instantly become the biggest fool in Federal Reserve history!
Wall Street gamblers are betting on a 66% chance of a rate cut in September—hilarious! These people don’t even know if they’ve lost their own underwear, yet they dare to bet on the country's fate? Want a rate cut? First, see if the tariff monster can be contained! Then see if the job market is going to explode!
The Federal Reserve is more divided than the map of the United States:
Radicals are angrily cursing: 'Interest rates are high enough to strangle an elephant! Inflation has long since become impotent! If they don’t lower rates soon and employment collapses, who will take the blame?'
Conservatives are trembling and banging the table: 'Summer tariffs pushed prices up like a wildfire; lowering rates now? Are you trying to say inflation's coffin board isn’t nailed down tight enough?'
Everyone is waiting for the September data to give a clear answer, but what if the economy continues to be half-dead? Powell will have to stand alone on the gallows—his left hand holding the rebel flag, his right hand wielding the interest rate knife, and underfoot, he's stepping on the creaking wallets of the citizens.
Former Federal Reserve Vice Chairman Clarida broke the window: 'The data is now as rotten as spoiled porridge—no guts to lower rates, no face to celebrate! Powell, this old fox, is likely to become the stone man for six years!'
When small bosses clear their inventory and grit their teeth to raise prices, guess who will be the first to pierce the bottom line of the common people? Gas stations? Supermarkets? Or the school tuition bill for the kids? The bloody price butcher's knife is already sharpened bright—while the gods at the Federal Reserve are still arguing in the clouds!