Poli-Sci
Search topics and people
Watch
Help & Safety
Get the App
Loading…
Thomas Freer on FED Decision Making
Thomas Freer
FED Decision Making
Claims and stances
0:00
Thomas Freer strongly supports: The government shutdown and resulting data blackout prevent the Federal Reserve from having the reliable data necessary to make informed decisions regarding interest rates and their dual mandate of controlling inflation and stimulating the economy.
0:39
Thomas Freer strongly supports: The government shutdown creates a negative feedback loop where the lack of data hinders Fed decision-making, leading to political pressure that further complicates the Fed's ability to function independently.
Transcript
0:00
I totally agree, Luca.
0:02
And I think that this makes this the next time Jerome Powell addresses the public even more controversial as the controversy around the Fed and Donald Trump has been increasing recently.
0:19
I totally think that there's not gonna be a rate cut.
0:23
I think rates will remain the same, and I think Trump might continue to react negatively negatively to that decision.
0:32
But I I think that that'd be the fair, fair decision given these this data blackout.
0:39
And this just puts even more emphasis on getting the government back up and running again, uh ending the shutdown.
0:48
Cause it's almost like at this point Trump can not just Trump, but the Republicans, the Democrats come together, start the shutdown, and um it just hurts the Fed's decision making even more, and then that will cause Trump to put more pressure on the Fed if he doesn't agree with the decision.
1:07
Um so it's it's almost just a negative feedback loop now.