七七是十九
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Trump and Powell have been going back and forth, arguing loudly, but the core issue is — constantly spreading expectations of "interest rate cuts", and note, it's "expectations"!
After all this time arguing, there hasn't been a single actual interest rate cut, yet the market has long felt the "effects of the cuts", the key point being "effects"!
This tactic has a nice name, called "verbal interest rate cuts". As for whether these two are partnering in a performance or putting on a show together? Well... I can't say for sure, really can't say for sure.
After all this time arguing, there hasn't been a single actual interest rate cut, yet the market has long felt the "effects of the cuts", the key point being "effects"!
This tactic has a nice name, called "verbal interest rate cuts". As for whether these two are partnering in a performance or putting on a show together? Well... I can't say for sure, really can't say for sure.
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