Posted on 08/23/2019 5:00:31 AM PDT by Moonman62
The Fed has raised 8 times since Trump took office with little inflation. Jay Powell would love to sit back and let our economy hit the rocks before the election but Trump has taken him by the throat and is now in the driver’s seat. My guess is Trump threatened an audit. Look for two more rate cuts by year end and the Fed taking the rate to near zero. The European central banks are already at zero or below.
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