It is bizarre. But, he has been saying “the economy is strong, so the Fed should cut rates.” It is quite possible he has no idea that it is economic weakness that typically engenders rate cuts, especially in an environment when inflation is still running hot.
“he has been saying “the economy is strong, so the Fed should cut rates.””
GDP in 2Q was 3% which is pretty good. No surprise that Fed didn’t cut rates due to their usual concern about overheating and inflation etc.