Warren argues Federal Reserve interest rate hikes should stop

The hill ^ | 03/19/2023 | Julia Mueller

[ChicagoConservative27]

Sen. Elizabeth Warren (D-Mass.) on Sunday argued that the Federal Reserve should stop hiking interest rates in an effort to control high inflation.

“I do not think he should raise rates,” Warren said of Federal Reserve Chair Jerome Powell on NBC’s “Meet the Press.” “I’ve been in the camp for a long time that these extraordinary rate increases that he has taken on these extreme rate increases are something that he should not be doing.”

[ChicagoConservative27]

You are part of the problem so shut it

[HYPOCRACY]

Because Indians are good at economics. It’s the cheekbones.

[HighSierra5]

Inflation doesn’t effect her wampum. Shut up squaw and grind corn.

[no-to-illegals]

Did warren stop working for moslems ?

[exnavy]

Let us dissolve the federal reserve bank owing to its unconstitutional nature.

[Libloather]

Beer must be getting expensive.

[CFW]

The left loves calling for the rich to “pay their fare share” all the way up to the moment it starts costing THEM money.

I’m beginning to think the failure of SVB was orchestrated in order to get the FEDs to pause, or even reverse, the interest rate increases.

[Oldeconomybuyer]

STOP THE FEDERAL SPENDING!

[Leaning Right]

> “I’ve been in the camp for a long time…” <

I assume that Warren is referring to an Indian camp.
It’s good to see Liz returning to her roots.

[Paladin2]

Real interest rates need to be positive.

[ConservativeInPA]

So the Injun Bitch is fine with inflation and sending hardworking Americans to the poor house.

The cure for inflation is the removal of money from the economy. That can be done by raising interest rates or get this fiscal morons: cutting government spending. The Injun is against both. In fact, she wants to increase inflation since she wants to increase government spending.

[Thank You Rush]

“”these extraordinary rate increases that he has taken on these extreme rate increases are something that he should not be doing.””

WOW - what a sound argument!

[Thank You Rush]

“”Let us dissolve the federal reserve bank owing to its unconstitutional nature.””

Wasn’t that always on Ron Paul’s “to do list”? Or was it audit the FED? It never got done.

[Paladin2]

I increases are not “extraordinary”, they are totally late.

[TomGuy]

“I’ve been in the camp for a long time that these extraordinary rate increases that he has taken on these extreme rate increases are something that he should not be doing.”

Show'em smoke signals for that convoluted mess.

Too many have gotten too used to the low-cost money and they like it.

The rates since the end of the GWB presidency have been kept artificially low. Rates in the 5-6% range have been low typical historically. Rates in the 7-10% range have been moderate historically. The FED still has a to go to bring within historical levels.

[AndyJackson]

Real interest rates need to be positive.

Unfairly raising the cost of spending money you don't have.

[nomorelurker]

“So the Injun Bitch is fine with inflation and sending hardworking Americans to the poor house.”

This mess is not going away without someone taking some pain.
Inflation may be the worst of several possibilities, as it affects more people and lower economic classes worse.
I don’t see them doing anything but inflating their way out of this however. Silicon Valley Bank apparently hit too many rich and powerful for the needed rise in interest rates to keep up. Forget cutting government spending, ain’t gonna happen.

[Wuli]

And she has been a financial authority since when?? Never.

[BookmanTheJanitor]

WOW - what a sound argument!

No kidding....Surprised she didn't call him a poo-poo head.

[wac3rd]

Government spending keeps her in office. Keeping people dependent and expecting more from the productive keeps her power.

Remember, the goal of a politician is to get re-elected and that means currying favor with the large interests that donate to you, fix elections and the people you bribe to vote for you.