It takes time for rate cuts to work, but time has expired. It’s too late for cuts to save the economy. So Trump should welcome a half-point cut (privately). A half-point cut is all but admission that a recession has started. It may even spook the market, further helping Trump.
BLS Negative Job Revisions 15 of Last 21 Months, For further economic discussion, please see BLS Negative Job Revisions 15 of Last 21 Months. I recap a slew of indicators all screaming one thing: Recession.
https://www.zerohedge.com/political/if-fed-cuts-rates-half-point-should-trump-complain-rejoice-neither-or-both
It takes time for rate cuts to work, but time has expired. It’s too late for cuts to save the economy. So Trump should welcome a half-point cut (privately). A half-point cut is all but admission that a recession has started. It may even spook the market, further helping Trump. BLS Negative Job Revisions 15 of Last 21 Months, For further economic discussion, please see BLS Negative Job Revisions 15 of Last 21 Months. I recap a slew of indicators all screaming one thing: Recession. https://www.zerohedge.com/political/if-fed-cuts-rates-half-point-should-trump-complain-rejoice-neither-or-both
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