The dynamics between The Fed, Powell, and Trump are quite interesting.

Personally, I lean towards more delays.

The reason? The Fed places a strong emphasis on "more data," indicating a high level of caution. Their projections for 2025 with two potential cuts also show that they are in no rush. Although Trump expresses a desire for drastic cuts, The Fed is usually independent in its decisions. So, it seems we still need to be a little patient. 😉

#PowellRemarks