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Mike 03

(18,683 posts)

10. Bloomberg News is claiming that the markets reacted badly when Powell

Reply to Aviation Pro (Original post)

Wed Jul 30, 2025, 03:50 PM

Jul 30

left doubt that they would cut rates in September. That makes sense to me, because I can't really imagining any responsible investors believing rates would be cut today. It was a good press conference, and that Powell didn't tip his hand about September (how could he, since the decision is dependent on data we don't have yet) didn't surprise me and it really shouldn't have surprised the market. Anyhow, that is how Bloomberg is explaining it.

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Apparently the market isn't buying [View all] Aviation Pro Jul 30 OP

I think every "number" we hear about through the media... ananda Jul 30 #1

In the details UpInArms Jul 30 #2

The market was up all day Greg_In_SF Jul 30 #3

The market was up all day until tRump counter-programmed with several tariff announcements. . . . nt Bernardo de La Paz Jul 30 #4

Look at the timing Greg_In_SF Jul 30 #5

You might be right but I was thinking of the other three: de minimis, copper, and Brazil Bernardo de La Paz Jul 30 #11

Powell said NOTHING today stopdiggin Jul 30 #9

The G.O.P. lies about everything BoRaGard Jul 30 #6

It was Powell's announcement re interest rates TheProle Jul 30 #7

We already know that all economic, science, medical and other data coming from this administration will be fake. Lonestarblue Jul 30 #8

Powell and the Fed are independent. BLS is staffed by professionals and no toadies have been parachuted in. Bernardo de La Paz Jul 30 #12

Bloomberg News is claiming that the markets reacted badly when Powell Mike 03 Jul 30 #10

Yes Johonny Jul 30 #13

The growth announcement was at 8:30. The DOW and S&P were up and down during much of the day. onenote Jul 30 #14