That would cause the #FederalReserve to pause its current trajectory of lowering interest rates.

And that would run directly counter to #Trump’s goal to maintain lower interest rates as part of a policy of accelerating growth.

“Although Trump has shown a consistent preference for easy monetary policy, we believe that the #Fed would engage in a less aggressive cutting cycle under a 2nd Trump admin due to the #inflationary nature of additional #tariffs,” Nomura Holdings financial told clients.

The #Fed has satisfied its dual mandate of keeping #inflation & #unemployment low.

But the arrival at that finish line now coincides w/ #Trump’s promise to enact an entirely new #fiscal & #economic regime. While analysts are uncertain about how exactly that could materialize & how severe it might be, #markets have responded by selling off #bonds in anticipation of a return to inflation from a combo of Trump’s pro-*growth* & #combative #trade policies.

#economy #USpol
https://www.nbcnews.com/business/economy/federal-reserve-interest-rate-decision-november-2024-post-election-rcna179025

In fact, what’s startling for people used to the cronyism of the West, is that if you click through each member of the Bank of Russia’s board of directors, you’ll note that all, save one, are career state bankers, economists, or some type of career state employees. Meaning they’ve worked in various positions in the Bank of Russia or other state institutions for the majority of their careers rather than in private hedgefunds, investment firms, corporations, and the like, as is so common in the U.S. Federal Reserve system.
...
It’s clear that the most epochal global seachange that could happen in our lifetimes would be the dissolution of the Western fiat banking system which has controlled the globe for hundreds of years, and on which the pillars of the most toxic forms of crony capitalism were built. But also specifically, the dollar as reserve currency and its attendant ‘exorbitant privilege’, which has fueled the unipolar model of the world for decades, unleashing a wave of unfettered imperialism that drowned the developing world in oceans of blood, felled countries and continents alike, turning them into broken, impoverished, lawless slave-pits—like for example Libya, and many others.

Russia's CBDC - Exploring the Truth of Russia's Central Bank


As an appetizer:
THE MERCHANT OF VENICE by William Shakespeare

#money #finance #banking #russian #economy #Russia #USA #us #fed #rothschild #western #capitalism #imperialism #globalism #wef #usury #shakespeare