The Fed Holds Steady, Powell's Future Uncertain, and Stagflation Fears Dismissed

• The Federal Reserve maintained its benchmark interest rate, signaling a cautious approach amid economic uncertainty.
• Chair Powell acknowledged the significant impact of geopolitical events, particularly the war with Iran, on economic forecasting.
• While future rate cuts are anticipated, their timing remains highly uncertain due to differing opinions within the Federal Open Market Committee.
• Powell addressed speculation about his future, stating he has not decided on staying after his term and refuted stagflation concerns, citing the economy's current strengths.

The Fed's Waiting Game: Smart, Very Smart

Folks, let me tell you, the Fed didn't do much, which is, frankly, what they should be doing. We had a great economy, the best ever, and nobody knew it better than me. Now, this Fed is just "watching and waiting," as they say. Very smart. The best thing they can do is not screw it up, which, frankly, is what they're good at. It's like a beautiful ship, this economy, and you don't want to rock the boat, believe me.

War and Economic Muddiness: Nobody Knew It Could Be So Complicated

This war, this situation with Iran, it's a mess. A total mess. And it's making the Fed's job, believe me, very, very hard. Powell is saying nobody knows what's going to happen, and he's right. Nobody knows. It could be big, it could be small, it could be huge. We need to make sure we're prepared, that's what I always said. This impacts American's wallets and livelihoods and you can read more about it here: Geopolitical Tensions Send Shockwaves Through American Wallets. It's a very serious situation, and we need to handle it with strength, with intelligence, and frankly, with a little bit of common sense, which is something you don't see much of anymore, believe me.

Rate Cuts in the Maze: A Total Disaster, or a Great Opportunity?

They're talking about rate cuts, but it's all over the place. One cut this year, two cuts next year, maybe more, maybe less. It's a total maze, a disaster. They can't even agree on what's going to happen. You need strong leadership, somebody who knows what they're doing, not these guys with their little charts and graphs. They should be listening to me, I'd tell them what to do. But they won't. Sad.

Powell's Future: He's Staying Until He's Not, Folks

Powell, he's not saying if he's staying or going. He's playing it close to the vest, as they say. But he's got this investigation, which, frankly, is a witch hunt, just like all the others. So, he's sticking around until that's done, and then maybe he'll stay on as "chair pro tem". It's a joke. But we need a strong Fed chair, somebody who understands the economy, somebody who can make deals. We'll see what happens.

Stagflation? Fake News

Stagflation. Don't even say the word. It's fake news. The economy is strong, the best it's ever been, despite what the fake news media says. We have low unemployment, solid growth. This isn't the 1970s. This is a totally different situation. Powell is right, it's nothing like that. And if I were still president, it would be even better. Believe me.

The Experts Weigh In: They Have No Idea, Folks

You see these experts, they're all talking, talking, talking. They have no idea what's going on. They said, "The Fed didn't move today – but it didn't need to." "The Fed is not in a rush, and neither should investors be." Total nonsense. I know more about the economy than all of them combined, and frankly, I'm not even sure they know what they're talking about. It's all about gut feeling, about making deals, about being strong. And that's what I brought to the table.