🔥 It seems that an interest rate cut is on the horizon; Goolsbee from the Federal Reserve calls for continued interest rate cuts.
🔥 The Federal Reserve official Goolsbee stated that if the impact of trade policies diminishes, the central bank should move forward with further interest rate cuts. These proposals come amid ongoing discussions about the economic effects of current trade policies and their impact on monetary policy decisions. The Federal Reserve has been closely monitoring these factors to determine the appropriate course of action to maintain economic stability.
🔥 It seems that Jerome Powell will cut interest rates at the next meeting as many of his board members support the idea of lowering rates.
🔥 Lowering interest rates is good for stocks, crypto, gold, and equities, and bad for the dollar and treasury bonds.