Cutting rates during inflation? That’s a recipe for disaster.
If I'm the Fed, I'll resign if the Biden Administration is going to force me to increase the rates during the next meeting.
Fed will not cut. Chance that Fed will (must) increase a bit - sooner would be better.
Because: Math has U.S. gov’t “securities” interest payments as “not possible” by end of year.
Democrats and RINO’s to increase taxes, but fail to CUT GOVERNMENT PORK-for-VOTES AND WASTE.
IMHO
I agree but we’re not talking about doing anything that’s responsible and rational we’re talking about making a political decision to get reelected regardless, if it’s a disaster or not