There isn't one reason actually why J Powell shouldn't be cutting rates this week. Currently the overnight Federal Funds rate is way over the current YoY CPI. He should be cutting 50-75 BP right now. He killed it when he raised rates and engineered a masterclass in taming… x.com/i/web/status/19013045468...
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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