The FED should leave interest rates at normal and see if the world can handle normal anymore. So far the world has been able to survive reducing the money supply and slightly elevated interest rates. JMHO.

The QT vs QE is a constant battle,,,with QE always winning

That’s why they always say they have a 2% inflation target,,,

The 2% number is just a “number” some guy in New Zealand made up years ago,,,,and all the central bankers use this number.

Real inflation is actually much higher,,,,as we are all noticing. Hopefully!!

Didn’t Powell just last say,,, last week,,,,they are going to abandon the 2% target???

No, I think he kinda said the opposite. During covid they abandoned it, by intentionally allowing inflation to run above it, to make up for "past misses" where it was under target. That policy is what they are abandoning... by going back to that 2% target.

The FED should let the markets decide what interest rate levels should be.

I'm scratching my head trying to figure out how that would work and what that would mean for inflation. The Fed's mandate is to control inflation. I think if you ask "the people" if they like free money, they would say yes.

When will we get the stimulus checks from all the free tariff money we will be taking in, lol?

Just like the last one
bad idea. I didn't want that one BUT DID SPEND IT on an American made 6' tiller. Figured i should infact use it to help stimulate the American economy as it was sent out for.

I think the free market can use any interest rate they want? I know I make loans and the rate I charge has to do with inflation and rate of return I can get on other options. Supposedly the FED rate is a guideline? If I completely understood how all this works, I would be a genius from McGrath.

I think all stimulus money should be spent on American made firearms and ammo.

In that respect, you're right, the market already determines the interest rates that we see in our daily lives. The Fed sets the federal funds rate, which effects everything else downstream due to its influence on the money supply. But not all debt is financed at the federal funds rate.