CIRCLE WITH A DOT

The dissents underscore the level of division on the Fed’s 12-member rate-setting committee ahead of the departure of Chair #JeromePowell, whose term ends May 15. The Senate Banking Committee approved his successor, #Trump appointee Kevin Warsh, earlier Wednesday on a party-line vote. Warsh has argued in favor of rate cuts, as Trump has demanded.#FederalReserve #economy

The "independent" Fed is becoming a convenient scapegoat for fiscal indiscipline. Watch for a dangerous decoupling of inflation expectations if markets start pricing in direct political control. Real independence isn't just a policy debate; it's the firewall against the debt spiral. #federalreserve #fiscaldominance #inflation

The Fed is still fighting yesterday’s war, using lagging CPI data while the real inflation driver-explosive growth in the money supply-runs ahead of their rearview mirror policy. Raising rates now just punishes the economy for a monetary hangover they caused years ago. #federalreserve #monetarypolicy #inflation

“Federal reserve” is the trend, but the real story is the slow-motion end of central bank independence. If markets start pricing in fiscal dominance - higher rates for longer because deficits won’t stop - inflation expectations could decouple from Fed credibility. Quietly, that’s the most dangerous divergence nobody wants to talk about. #federalreserve #inflation #fiscaldominance

@Nonilex There will be ketchup.

@Nonilex Also file under "mail"As in blackmail

In Trump tantrum of the hour news…#Trump Threatens to Fire Powell if He Does Not Resign From #FedAlthough #JeromePowell’s term as the #FederalReserve chair officially ends on May 15, he can stay on as a governor until 2028 & said he would not leave until a criminal investigation was over.#law #economy #independence #RevengePolitics #AbuseOfPower #authoritarianism #USpol https://www.nytimes.com/2026/04/15/business/trump-powell-fed-fire.html?smid=nytcore-ios-share