r/wallstreetbets • u/abishop717 • 1d ago

Discussion 5 rate cuts 😮

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u/alekou8 1d ago

Btw this is exactly what trump wants

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u/suspense99 1d ago

Would you explain to me who is trying to understand this? Why would trump want this? Trying to figure out his end goal. I'm trying to learn

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u/alekou8 1d ago

Well his whole thing is to get interest rates down, this will likely quickly make that happen

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u/[deleted] 1d ago

[deleted]

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u/branyk2 1d ago

Yeah, genuine austerity where you actually cared about deficits and debt would trigger massive rate cuts. Instead we're cutting a few billion dollars from expenses and a few trillion dollars from revenue, so it's really just an extremely sloppy and cruel stimulus exclusively for the richest people in the country.

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u/[deleted] 1d ago

[deleted]

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u/alekou8 1d ago

I’ll bookmark this