FED Stays Put, Trump Rages: Another Day, Another Fight

They Drew First Blood

Listen up. The Fed's holding its ground see? Like I held my ground against the whole damn National Guard. Trump's yelling about 'NO INFLATION,' wants them to cut rates. Says consumers are waitin'. But these ain't just words these are shots fired in a war nobody asked for. Powell ain't budgin' says their decisions are 'completely separate from politics.' Yeah right. Tell that to the families struggling to make ends meet. 'Nothing is over!' He thinks this is over? This is just getting started.

Trade Wars: Price of Freedom Ain't Free

Trump's trade policies? They're a damn minefield. Economists are saying tariffs could spike prices. More inflation. Consumers always pay the price like Aleman at Raymond James said. It's always the little guy that gets caught in the crossfire. Makes you wonder who's really pulling the strings here. These aren't just numbers on a page these are lives damn it!

Squeezed Dry

High prices high borrowing costs trade war... sounds like a recipe for disaster. People are gettin' squeezed tryin' to survive. Like a POW in a bamboo cage. McBride from Bankrate says uncertainty is the name of the game. Fed's sittin' on the sidelines. Waitin'. Just like the vultures waitin' for a kill. Markets think they might cut rates in July. Maybe. Don't count on it.

Credit Card Hell

Credit cards are a trap. Average APR's hovering around 20%. It's highway robbery! Banks are nervous see? Uncertainty. So they jack up the rates. Schulz from LendingTree says they're minimizin' risk. Risk? What about the risk to the people tryin' to feed their families? Credit card debt's at a record high. People are drownin' in debt. 'Live for nothing or die for something.'

Home Sweet Impossible Home

Mortgage rates are tied to everything but common sense. Trump's tariffs are draggin' 'em down. Average rate's 6.81%. Still too high for many. Schulz says rates are likely to stay put. No relief in sight. Dream of ownin' a home? Keep dreamin'. It's a battlefield out there. Gotta fight for every inch.

Savings: A Glimmer of Hope

Good news for once. Savings accounts are payin' decent returns. Up to 4.5%. Not bad. But McBride says the best thing to do is boost your emergency savings and ditch the high interest debt. Smart man. Build a buffer. Insulate yourself. 'To survive a war you gotta become war.' Same goes for the economy. Protect yourself or get crushed.