r/wallstreetbets • u/Force_Hammer • 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

97% Upvoted

1.1k comments sorted by

View all comments

1.8k

u/GanledTheButtered 1d ago

"Wait and see" strategy being maintained. Oh boy.

1.4k

u/DolanTheCaptan 1d ago

Can't blame him, this administration is far too unpredictable to make these long term decisions

360

u/mpoozd 1d ago

He saw that coming months ago when he decided to lower rate cuts in 2025 but the market didn't take his words seriously.

140

u/ttrree4455 1d ago

I think the market believes him now. Lol.

91

u/karmagod13000 23h ago

its like every time the market starts to heal itself trump comes along and does the dumbest thing eh can think of and it all flushes down the red tube

19

u/PhromDaPharcyde 19h ago

Can't wait for them to somehow make him President a third time.

2

u/DolanTheCaptan 4h ago

Nah they're going to swing hard against him in 2028, but when the new administration inevitably doesn't immediately fix everything he fucked up they'll blame the new administration and vote him in in 2032.