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
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u/Cream314Fan 1d ago

3AM? You mean 3PM? Market is bleeding out and Jerome said we’ll wait and see xddd

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u/Lolkac 1d ago

Trump is playing golf right now, he has no idea what is happening on the wall street.

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u/Xander707 1d ago

He also just doesn’t care. At all. While it burns down he’s just going to keep saying “things are going really well” and “there may be some bumps in the road but we are perfectly ok with that.”

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u/NotawoodpeckerOwner 1d ago

Plus he's already made a boat loads off those two shitcoin rugpulls and had every legal issue taken care of. He's loving life right now.

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u/Derpy_Diva_ 22h ago

Right? Guys exactly where he wants to be. Imagine having the best day of your life (excused of all crimes, getting richer by the day, and lines of people paying 1m+ a pop to talk to you) every day and then you realize exactly how disconnected he actually is. His best day is at the expense of everyone else’s but he’ll never know because of his happy best day ever bubble. It’s sickening.

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u/lousy_at_handles 19h ago

He's gonna start extorting companies to get line-item tariff exemptions.

"Hey Ford, looks like you're having a hard time. I tell you what, for just 15% of your outstanding stock I'll give you guys a special exemption."

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u/rangecontrol 17h ago

extorting companies inside the u.s. and countries outside the u.s.; like an extortion double dildo, fucking both sides.

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u/Conscious_Joke_2464 14h ago

Also, this part

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u/Fatso_Wombat 21h ago

Every country has the government it deserves. -some old French guy

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u/OneEquivalent5236 18h ago

Time for a round of golf!

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u/Trick_Helicopter_834 15h ago

In the mean time his brain is letting him down a little more each day. Some days he can’t even finish a sentence.

The minions used AI to estimate “tariffs” from balance of trade data, but had to lie to him about it. Otherwise he would have been ever less coherent explaining them.

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u/Neat_Egg_2474 22h ago

Not to mention every company and country paying him directly to help loophole their tariffs. He is making bank off of this while selling out the country.

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u/Hacking_the_Gibson 14h ago

At this point, fine. Whatever it takes to get things back going the right direction. We can handle the other stuff when the five alarm fire is out.

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u/sjs72 1d ago

You forgot “joe biden did it”

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u/bitterbrew 22h ago

he could never say so few words. It'll be "WE INHERITED THE WORST ENCOMY, PEOPLE ARE SAYING OF ALL TIME, THE MARKET WAS ON FIRE BECAUSE OF SLEEPY JOEBAMA..."

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u/DJStrongArm 18h ago

Trump’s second mess is making Biden’s cleanup of the first one look a lot better in hindsight

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u/davehoff94 23h ago

A big part of why he's able to try whatever he wants and fuck around without caring about the consequences is because he knows that this won't affect him. He's 80 and on the final years of his life. Even if the American empire declines, he won't live to see it.

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u/Sunny1-5 23h ago

And cannot be worried with running for re-election. He knows he’s got this first half of his first term to get a lot of “work” done. After mid terms, we just grind hopelessly into the next election.

Imagine if all of your legal, financial, and career decisions could just happen in 2 years, then you get 2 years to fuck around. Rinse, repeat.

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u/Beelzebufo7 12h ago

He's not intending to leave after 4 years. He may be forced to leave... but he's not planning on retiring anywhere other than MAL, when it becomes the new capital.

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u/faxanaduu 22h ago

He also knows nobody will stop him or hold him accountable. House, senate, NOBODY. Unchecked power is essentially what he has, and he has absolutely nothing to lose. This has been his dream his entire life. And it was so obvious to everyone except the exceptionally stupid people that handed this to him TWICE. The US deserves this. History books will have a chapter on this time period when we fell from superpower status. I didn't think it would happen so fast and in this way. I was naive, I didn't realize how stupid people had become in the past 20 years.

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u/DataCassette 23h ago

Hopefully the devil lifts him out of the boiling piss cauldron for a good look once in a while.

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u/BeardofZeus27 22h ago

so what youre saying is, hes purposefully destroying the country because hes 80....or maybe is he trying to set us up for future prosperity considering this country was trillions in debt and headed towards actual financial destruction? take the blows now so youre not dead later.

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u/Few-Frosting-4213 21h ago

Given his long record of screwing over business partners, draft dodging, running pump and dumps, you think he's trying to leave a better world behind...

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u/BeardofZeus27 20h ago

yes yes the multimillionaire/billionaire became president just to fuck us. you got it.

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u/davehoff94 16h ago

I don't think he's purposefully trying to destroy it. He is actually a regard and probably thinks that this will work. He also knows if it doesn't work then it doesn't affect him.

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u/SpezialEducation 21h ago

No he cares, he wants this to happen so he can wipe his debt away on the cheap. Whilst also charging the taxpayers millions for golf at his own resorts.

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u/koshgeo 19h ago

"We'll see what happens." He loves saying that.

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u/Mercuryshottoo 18h ago

He plays golf because he doesn't know how to play the fiddle

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u/Cryptocaned 23h ago

"It's all part of the process" lol.

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u/corys00 23h ago

America going full Philadelphia 76ers “Trust the Process” on everyone.

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u/AW316 23h ago

And didn’t that turn out well

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u/Downtown_Skill 22h ago

Zapp Brannigan ass president 

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u/mrthagens 21h ago

“Elon musk? I never knew him”

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u/Blubasur 18h ago

Who’s “we” here trumpet?

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u/Xander707 18h ago

Him, Elon, and the sycophants they surround themselves with, obviously.

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u/WhoAreWeEven 15h ago

Dude did crypto rug pull lol Why would he care about Wall St

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u/HeidiwF1 14h ago

Burns all the way down. This isn't the floor yet. Powell's not going to bail him out.

People and relatives of the people laid off from Worldpool, etc when companies left for Mexico, India, etc support the tariffs and want the companies to feel the pain of the tariffs for what they did. They won't. The consumers will. Companies left the country because of the high salaries and benefits packages.

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u/Zocalo_Photo 11h ago

“We’re going to have so much money like you wouldn’t believe!”

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u/mm_ns 1d ago

Trump don't give 2 fucks what happens on wall st or main st, as long as no illegals are on mar a Lagos st he's happy

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u/Defcrazybutwhatabout 1d ago

He has undocumented workers doing the landscaping there, no cap.

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u/lightshelter 16h ago

yeah but they're the best illegals. nice guys, great guys

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u/BeardofZeus27 22h ago

theres undocumented workers literally everywhere. EVERYWHERE

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u/InB4Clive 1d ago

Pretty sure he wants illegals there cause he doesn’t have to pay them shit.

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u/OldSchoolSpyMain 23h ago edited 19h ago

He can literally treat them like slaves. “Do it or I will have you deported immediately.”

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u/BeardofZeus27 22h ago

you sound like someone thats never had a business or hired anyone

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u/InB4Clive 21h ago

You’re describing most people, but are you trying to argue people don’t hire immigrants because they are cheaper labor?

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u/BeardofZeus27 21h ago

Let me put it this way. They USED to be cheaper. Now I’d say they’re paid nearly as much as fully licensed and legal individuals. But I’d say unless you go hire day laborers like at Home Depot or something. But if you want someone that does good work for what you need, they cost just as much now.

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u/pterodactyl_speller 18h ago

Illegals or Mexicans? Cause those are not the same thing.

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u/BeardofZeus27 18h ago

Iillegals. Not exclusive to Mexicans. Plenty of illegal Russians and middle easterners that do great work but are illegal as well. I think quality of work is dictating what’s charged as opposed to legal status as of late.

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u/skoalbrother 16h ago

300,000 illegals work the farms. Most farm workers are illegal

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u/allprolucario 1d ago

He doesn’t even care about that. That’s just a talking point for him to engage and enrage his base

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u/Mojojojo3030 23h ago

No Mar a Lago has always been crawling with illegals. The woman who folded his underwear is a known illegal. 

Losing all his illegals would be his “wait this affects me now” moment lmao.

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u/MosskeepForest 1d ago

And no trans kids are playing hopscotch, because apparently that is a big threat to America.

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u/Pretend-Marsupial258 23h ago

He should stop hiring them to work at his businesses then.

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u/Derpy_Diva_ 22h ago

No no the illegals are welcome. Just only if they scrub toilets and never make eye contact with any of the ‘superiors’ around them

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u/DoubleGunzChippa 16h ago

Hate to break it to you, but I guarantee you there are illegals working at Mar-A-Lago right this minute.

Republicans are giant hypocrites.

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u/Disastrous_Good9236 23h ago

“America raised its Tariffs? I didn’t know about this, next question”

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u/Muggsy423 23h ago

He's not playing golf, he's watching a tournament.  Crashing the economy is stressful work

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u/DadJokeBadJoke 21h ago

He's also needs to get his performance review from his Saudi handlers.

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u/wsbgodly123 1d ago

He has no idea, period. Chatgpt to rescue

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u/halfbeerhalfhuman 22h ago

I thought hes playing chess while we are playing checkers

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u/jmon25 19h ago

Hopefully he doesn't over-exert himself and have a cardiac episode /s

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u/superbit415 14h ago

oh he does. His people are lapping up all the tasty stocks right now. Watch him pump the markets in a week or two for his pump and dump.

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u/browsk 1d ago

Based as fuck from Powell, playing chicken with the biggest bully in the sandbox, and can’t lose

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u/Dozekar 22h ago

He's not playing chicken. He's playing damage mitigation.

Lowering rates won't make stocks go up, it'll make people panic harder.

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u/Tresach 21h ago

honestly wish he would announce a rate hike, let the world burn.

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u/GarrettdDP 20h ago

Fuck yeah. I will be pissed if this whole thing leads to lower rates and lower corporate tax.

Small business owner.

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u/Dozekar 19h ago

Unironically if he announced a rate hike it would have been less destructive to markets than lowering would be. It would show that it's under control and they're keeping calm heads not panicking and trying to catch a knife and giving up on inflation entireely.

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u/Beelzebufo7 12h ago

Coming from a family that had a variable mortgage in 1979, rate hikes are what is coming.

Even if unemployment is at 15%.

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u/handsoapdispenser 21h ago

He's literally doing his job. The Fed has no obligation to the stock market and the jobs report was still solid.

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u/mdatwood 18h ago

And he's spot on that inflation is about to rip. I wonder if we can bet on if the next move is up/down.

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u/Hacking_the_Gibson 14h ago

You can. SHY tracks short term Treasuries.

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u/PaidUSA 9h ago

Someone is going to lose so much money because you told them this.

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u/sniper1rfa 20h ago

I mean, it would definitely make stocks go up. It'd make milk go up 2x as fast though.

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u/Dozekar 19h ago

You're assuming we can make inflation outpace the drop without further even more terrible impact to businesses.

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u/sniper1rfa 19h ago

I mean, there's no upper limit to inflation.

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u/X-Calm 17h ago

Adults shouldn't be drinking milk anyway.

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u/-_-0_0-_0 18h ago

Asset inflation if rates drop.

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u/Beelzebufo7 12h ago

Stagflation ends with 10% interest rates, not 0%. He's not playing chicken... he has to figure out where the first fires break out.

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u/PyrricVictory 1d ago

I don't know what Powell can do to stop the tariffs. That's a congress thing not a fed thing.

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u/Thesource674 23h ago

Exaaaaactly. Powell runs the fed which has 2 mandates. Inflation and Jobs. I dont see market mentioned anywhere in there. Until companies are shuttering I guess because unemployment is so low? Or high?

*

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u/Thesource674 23h ago

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u/FeistyButthole 21h ago

He’s too high sucking off transitory inflation behind the Wendy’s dumpster fire to even notice

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u/-_-0_0-_0 18h ago

Rising rates :D

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u/Mouse1701 7h ago

Powell may not be able to stop the tariffs but he certainly can make the interest rates go down.

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u/PyrricVictory 1h ago

Why would you make interest rates go down when there's a massive inflationary event on the horizon?

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u/Mouse1701 46m ago

To put more money into the system

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u/bdsee 1d ago

It is not the job of the federal reserve to protect the price of stocks, they care about the actual financials of the businesses not what people are willing to pay for a slice of ownership...well, at least until it starts to impact the wider economy.

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u/Sunny1-5 23h ago

Which is why a very confusing job report today, assuming doctored up to give the illusion that “all is well”, is actually a double edged sword. Except, in the end, the sword doesn’t cut anything at all.

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u/lousy_at_handles 19h ago

Yeah it's going to be very difficult to get real data from any federal agency any more. You have to assume it's all fabricated like with China.

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u/Excellent_Egg5882 19h ago

The impact of "liberation day" tariffs won't be fully reflected in the jobs report for multiple months.

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u/wawoodwa 23h ago

Exactly. And the tariff outcomes could be stagflation, or worse, deflation.

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u/RyanAirhead 23h ago

He cares about inflation and employment. That's it.

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u/Efficient_Maybe_1086 1d ago

Does he care about retirement funds?

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u/Justreading7575 1d ago

Listen to Jpow.

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u/TheEdes 23h ago

Brother he's expecting insane inflation to take hold, he isn't lowering rates to feed the fire more, if anything he's about to raise rates.

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u/TheDiamondEagle 22h ago

As he should 20% inflation incoming

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u/fumar 22h ago

3pm is golf time. Come on now

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u/tcmart14 14h ago

Even worst than that. I interpreted Powell words as, if prices go up, you get no rate cuts. The priority is fighting price hikes and everything else second.

We ain’t seeing rate cuts this year if Mango keeps up with his tariff nonsense.

Fuck your puts. Fuck your calls. Fighting inflation got you by the balls.

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u/NotHachi 23h ago

I mean Jerome can't give 2 shit about the market XD doesnt work the other way around though

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u/Dozekar 22h ago

The market won't stop bleeding out if they lower rates, it will bleed out faster.

This signals complete lack of faith in the market. The market never responds well to that at the best of times.

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u/Key-Banana-8242 22h ago

Raising will make it worse, unorthodox stimulators could eh tired but fiscal is the important part

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u/New_Background_7748 22h ago

What does xddd mean?

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u/KaffiKlandestine 21h ago

its not his fucking fault!!!!

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u/Mouse1701 7h ago

The people of the United States will demand Powell to resign. I encourage everyone of the citizens of the United States demand Jerome Powell resign or else bring the interest rates down. He's literally going to over welm the soup kitchens of America.