@cnn: The job market is on such shaky ground that the Federal Reserve may soon need to cut interest rates, Fed Chair Jerome Powell said at annual economic symposium. CNN's Vanessa Yurkevich explains how the Fed is looking at the current US economy. #cnn #news #politics

Raymond :

bababowe :

it would be so funny if he hiked rate

Akisama_Lu :

Stock market is unstoppable!

appleuser3967724 :

He’s not dropping it

… :

Anything but releasing the files 🥀

Sage :

After his speech market went up to 800

Mindy Fernandez :

Several reports coming out, just kicking the hope down the street

Beryl :

Wow, the Fed's in a tough spot with the job market and economy. Rate cuts might be the only way to keep things stable.

Like If You Love Jesus 🙏 :

Nobody looking at my name😳

Jinx :

Bill Pulte almost certainly didn’t “stumble upon” Lisa Cook’s mortgage forms through routine FHFA work. They work at separate agencies and have nothing to do with each other. Either someone inside a lender or Fannie or Freddie system leaked it, or opposition researchers dug up property records and spun them. The official justification came later and the DOJ is silent. The core problem is that mortgage applications are private, so for Bill Pulte this to surface politically suggests misuse of his power or an unlawful leak. The bigger legal risk isn’t for Lisa Cook, it’s for the Pulte and the people who got their hands on and weaponized her confidential mortgage records. That’s where the criminal liability lies and this will blowback on Pulte and Trump.

BRUTE :

Donald Trump literally purchased $100 Million in U.S Bonds. And investment move no other president in history has even come close to. He is trying directly influencing the FED to cutting rates. He’s corrupt and can’t be pointing fingers at others

musyoki Mike :

any trader who have bought on Friday need to close these positions, on Monday it's going down 👇

edith_thomas :

I'm from Canada

Viking :

Too optimistic..He didn't say nothing more than usual..they are data dependent..adjusting monetary policy could also mean rate hike or other means. Markets are getting ahead of themselves as usual..

Sunnyzen :

If my English is not that bad, I cannot see that he committed to a future rate cut. He rather negatively pointed out the dreadful economy as a result of tartif.

Authentic_S :

GymEatSleep :

Jerome Powell one of the last true patriots in government

Frostbite 🇺🇸 :

Can we please stop working so much?

Space traveler :

Not cutting the rates are hurting us more

Embo :

Not true. He was clear. NO CHANGES IN FED'S MONETARY STANCE. Dual mandate!

Alise 💕 :

The job market is definitely in a tough spot right now. It’ll be interesting to see how the Federal Reserve handles these challenges moving forward.

JuliusCaesar :

The big Hero of american economi its the revival of silver coin worth allways halv a gram gold

pjg2891 :

Powell isn’t wrong here

Michael K :

well done, Trump

Minio Mhm :

Why does everyone seem to commit mortgage fraud 🤨