4.8 • 692 Ratings
🗓️ 28 May 2025
⏱️ 39 minutes
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0:00.0 | The Fed is losing control of interest rates as we see rates rise to over 7% this week. |
0:07.0 | Yeah, I know Trump's pissed, right? |
0:10.0 | Yeah. |
0:11.0 | It's not a Powell issue, though. |
0:13.0 | It's not a Powell issue. |
0:14.0 | I agree. |
0:15.0 | I mean, they're laying these tariffs on us, I guess. |
0:20.0 | I guess we've got a 90-day pause on most of them. |
0:23.6 | But, you know, the Fed's job, of course, one of their jobs is to, they have a dual mandate. |
0:28.3 | One is to obviously have maintained pricing, right? |
0:32.3 | It's pretty hard to maintain pricing when the president's issuing tariffs. |
0:37.2 | Right. When you say maintain pricing, you mean's issuing tariffs. Right. |
0:37.7 | When you say maintain pricing, you mean, you know, well, regulate inflation. |
0:41.1 | Yeah, yeah, yeah, essentially. |
0:42.9 | Yes, right. |
0:43.8 | And so they have that dual mandate, right? |
0:46.0 | One is unemployment and the other is inflation, basically. |
0:48.6 | But it's really pricing. |
0:50.8 | So I think that's going to be interesting. |
0:53.8 | And I actually don't think that we've really seen what we're going to see from these tariffs. |
0:59.8 | Well, I think what's interesting is that, you know, typically the bond market reflects the Fed. And so, you know, we always have relied on the Fed to set rates, even though they're not really setting the rates the bond market is, but it follows, you know, we always have relied on the Fed to set rates, even though they're not really setting the |
1:12.4 | rates the bond market is, but it follows, you know, how the economy is doing and everything else. |
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