The Federal Reserve’s Reverse Repurchase Agreement (RRP) facility is not a household phrase, yet for years it has quietly functioned as a critical stabilizer for America’s financial system.
I appreciate knowing the intricacies of this issue, but the bottom line is that the average American just wants lower interest rates. I'm puzzled as to why Trump hasn't fired Powell yet. He is obviously on the wrong side of MAGA.
Thank you for the education; I was not familiar with the RRP, yet we all know that politics is driving ugly and dangerous behaviors. Wish I knew why TDS is so strong in so many...
I can't say I understand all the economic lingo, but I will say I sure enjoy seeing Trump's almost daily abuse of Powell. The beatings will continue until the morale, and the rates, at the Fed improves.
Excellent Article. Why are these people (TDS) set on destroying America. They were put there to benefit the American people not work against them.
I appreciate knowing the intricacies of this issue, but the bottom line is that the average American just wants lower interest rates. I'm puzzled as to why Trump hasn't fired Powell yet. He is obviously on the wrong side of MAGA.
Thank you for the education; I was not familiar with the RRP, yet we all know that politics is driving ugly and dangerous behaviors. Wish I knew why TDS is so strong in so many...
Someday, psychiatrists will study it. Demonic origins, I suspect.
I can't say I understand all the economic lingo, but I will say I sure enjoy seeing Trump's almost daily abuse of Powell. The beatings will continue until the morale, and the rates, at the Fed improves.
Much like firing Fauci, firing Powell creates a storm of noise that Trump wants to avoid. He has other things to worry him IMHO.
We can hope the Fed changes course soon. Let the nation prosper.