Trump's urgent call for rate cuts hits a wall 🔥 Powell remains unyielding, will we have to wait until September for a rate cut? It might even drag on until the end of the year 💀
Since May 1st, as soon as economic data comes out, it slaps us in the face—don’t expect rate cuts anytime soon! Powell, that old fox, is as steady as a rock; the probability of a rate cut on September 17th has just surpassed 50%. Don’t celebrate too early, December might be the real turning point.
No matter how anxious Trump is, Powell just watches coldly: he's about to step down, the risk of messing up the rate cuts and passing the blame is too high, so he might as well play dead and wait for the right moment to take bold action!
As for us? Just hold on, don’t rush, the flood will eventually break out 💧🔥