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
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u/RontoWraps 1d ago edited 1d ago
Oh, it turns out, boomers actually do want to retire and don’t want to have to reenter the work force at 70 just because they really didn’t like purple haired 20 year olds and they decided to nuke their retirement accounts to send a message. I’m 30, I can survive this era. Good luck if you’re at retirement age and decided to wipe off years of retirement savings and compounded gains over the last 30-40 years. I’ll outlive this shit, will they?