🚨 BIG RATE CUTS ARE COMING The US government has to refinance $10T in debt over the next year. The average interest rate on US debt is 3.36% If the rates go down 1%, interest payments will decrease by $100 billion. This will help balance US government budget and will also be good for the broader economy. And that's why Trump has picked his own Fed chair and is now even trying to end the US-Iran war. If the US-Iran war is over, inflation pressure will go down and the Fed will turn more dovish, leading to big rate cuts.