Do you think the upcoming fed meeting will surprise everyone by suddenly having a 50bps cut or will they increase it?
Trump has been advocating for a rate cut ever since and Kevin Warsh has newly joined.
Your thoughts?
What's interesting is that Kevin Warsh is now chair, but that doesn't automatically mean aggressive cuts. Historically, Warsh was often viewed as relatively hawkish on inflation, and recent commentary suggests he is entering office with inflation still above target and facing pressure from bond markets to maintain anti-inflation credibility