Concerns are escalating within the White House regarding the Federal Reserve's ability to cut interest rates amidst rising inflation. Reports indicate a growing panic following the Hur report, with President @JoeBiden and Treasury Secretary @SecYellen's calls for rate cuts clashing with the harsh reality of persistent inflation. This situation puts additional pressure on Fed Chair Jerome Powell, highlighting the complex challenge of managing inflation expectations while supporting economic growth.
THE WHITE HOUSE IS PANICKING $spy $tlt $nvda $vix https://t.co/n9SW1bJ6hz https://t.co/AFCLXPdZIx
BREAKING: WH PANIC AS ECONOMY IS TOO GOOD!!! AI MIGHT NOT BE AS NECESSARY AS THOUGHT https://t.co/vx0pG9d2Mh
WHITE HOUSE PANIC SPREADING ON POSSIBILITY THAT FED’S POWELL CAN’T CUT RATES - FOX NEWS
❖ WHITE HOUSE PANIC SPREADING ON POSSIBILITY THAT FED’S POWELL CAN’T CUT RATES - FOX NEWS
BREAKING: Sources close to the @JoeBiden White House say the panic after the Hur report just went somewhat hyperbolic on the real possibility that Powell cant cut rates or will be cutting them into an uptick of inflation which could be worse. Today''s inflation print could loom… https://t.co/maW1ZMUOuJ
Breaking: The vice on Jerome Powell's head just got tighter; @SecYellen and @JoeBiden calls to cut rates run into the reality of inflation, which history shows, is always more difficult to defeat than the spin doctors on Wall Street suggest -- Prices Are More Stubborn Than…