The Fed has the responsibility of stabilizing prices and maximizing employment. Powell has held its benchmark rate for overnight loans constant this year, saying that Fed officials needed to see what impact Trump’s massive tariffs had on inflation.

  • Ms. ArmoredThirteen@lemmy.zip
    link
    fedilink
    English
    arrow-up
    21
    ·
    1 day ago

    Fuck me I’m almost out of here then I’m getting a foreign bank and transferring everything. At least if Sweden’s money tanks I can tank with my neighbors instead of watching the USD and my life savings evaporate disproportionately to where I’ll be living