r/wallstreetbets 1d ago

Discussion 5 rate cuts 😮

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2.3k Upvotes

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425

u/Emilio___Molestevez 1d ago

JPow is neither obligated nor inclined to clean up Don's mess. $SPY going under $500 after he talks.

67

u/Various_Car8779 1d ago

He's obligated to step in when unemployment spikes

121

u/Shot-Maximum- 1d ago

But what do you do when unemployment is high and inflation is high at the same time?

1

u/Brodie_C 1d ago

Powell will have to make a choice like Volcker did in the 80s. He chose to fight inflation.