We’re in Q2 2025 and the Fed is still holding rates high with no clear pivot in sight. Meanwhile, the U.S. needs to refinance around $6.5 trillion in debt right now, at significantly higher rates than just a few years ago.
What do you think happens next?
Powell says his actions are not politically motivated but they must be. He cut rates by 0.50% just before the election. I think he really dislikes Trump & wants to piss him off. I think if Powell refuses to cut rates soon then Trump will go through the courts to try & remove him.