r/wallstreetbets 1d ago

News Powell sees tariffs raising inflation and says Fed will wait before further rate moves

https://www.cnbc.com/2025/04/04/powell-sees-tariffs-raising-inflation-and-says-fed-will-wait-before-further-rate-moves.html
11.4k Upvotes

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306

u/I_Dont_Rage_Quit 1d ago

Bruh get Biden back in the office please

139

u/theseus1234 1d ago

The gravy train could've kept on rolling with Harris but no people decided 2.5 years of discomfort was worth what may amount to a decade or more of pain

80

u/ConfederacyOfDunces_ 1d ago

For real

Holy Fuck man. One man’s ego fucking destroyed everything.

15

u/ProgrammerOk1400 22h ago

He, his party, and all of those that voted for him. Never forget.

7

u/Aggressive-Kitchen18 22h ago

Because his "handlers" were actually somewhat competent people who could keep the train moving along. Harris would have done the same. The issue with trump 2 is the amount of inept synchopants going along. You need a baseline of competence to run a country.

1

u/Sea-Shallot 20h ago

I guess the silver lining is for those with an extremely long time horizon there will never be a better time to buy some awesome companies on the cheap

1

u/TwoZeroTwoThree 16h ago

Biden could barely form a sentence.

2

u/Zavender 7h ago

And yet he was far more understandable than the verbal diarrhea Trump spews.

2

u/Fjolsvithr 16h ago

I couldn't care less. Biden never did anything senile in terms of actual policy or executive power. He had an intelligent, capable team who he was humble enough to actually listened to.

-10

u/karmagod13000 1d ago

democrats forced him out, so they deserve a little blame here too

15

u/the_dalai_mangala 23h ago

Biden was not gonna win that election in a million years

-6

u/karmagod13000 22h ago

i mean prolly not but they could of let the voters decide who they wanted to run

2

u/badlydrawnboyz 18h ago

Harris was polling way better than Biden and she still lost. The Dems mistake was running Biden at all in 2024 instead of an open primary. The VP taking over for the president is their job.

4

u/Trotter823 21h ago

We beat that horse to death back in November and December. Yeah they fucked up their campaign. That doesn’t let everyone off the hook for enabling this mess that’s currently happening.

-2

u/Dozekar 22h ago

The economic pain was already clearly there under trump's first term even without covid. It kept up during Bidens. Sitting presidents tend to do poorly during times of economic pain.

And market was doing great. That's not what I meant. I meant people's everyday life. People were feeling pain at the grocery store, at walmart, etc.

10

u/Aggressive-Kitchen18 22h ago

The us recovered from a pandemic under Biden better than any other nation on earth. Policies take years to show effect. Well some don't look at this one rofl

5

u/mental_reincarnation 22h ago

They take time to show positive effect. It’s much quicker and easier to destroy something when left unchecked

27

u/MisterCommonMarket 1d ago

I could really do with sleepy right about now.

16

u/Zavender 19h ago

He was called Sleepy Joe because you could sleep easy at night.

-4

u/TwoZeroTwoThree 16h ago

No. It was because he was asleep at the wheel.

56

u/sirdrizzy 1d ago

He’s in the Natural History Museum

31

u/Relevant-Bluejay-385 23h ago

A president sleeping at the table doing nothing would be better for the country than what has happened in the last month..

20

u/Defcrazybutwhatabout 1d ago

He doesn’t need to leave, they can bring EOs to him there

1

u/johnny_tifosi 11h ago

Mango building sleepy Joe's legacy rn