YOU ARE A FUNNY LITTLE PEARSON, and your awareness of history is troubling enough to have you committed to a Psych hospital for evaluations
There's now a 95%+ chance that interest rates are cut in September with a 78% chance of a 25 bps rate cut, according to @Kalshi .
As Fed Chair Powell said today, "the time has come for Fed policy to adjust."
Is a 50 basis point rate cut coming?