#FOMCMeeting

All eyes are on Washington this week as Fed Chair Jerome Powell’s upcoming remarks and the next FOMC Meeting 2025 loom large. The big question is, will we see rate cuts?

Short answer: Nope. It’s not looking likely.

Prediction markets like Polymarket give rate cuts a 2% chance. However, a silver lining is that President Donald Trump and members of Congress are toying with scrapping the debt ceiling. This would ramp up government spending indefinitely and allow Keynesian economists to take control of monetary policy.

Would it cause hyperinflation in the long term? Probably. But fiscal conservatives, save maybe 2 people in Congress, are pure lip service. Without a debt ceiling, crypto and most risk assets will be unleashed.