r/wallstreetbets • u/abishop717 • 1d ago

Discussion 5 rate cuts 😮

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u/CoughRock 1d ago

who's making these prediction for rate cut ? didn't jpowell explicitly said he's going to wait and see ?

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u/ChaseballBat 1d ago

People who want to make a quick buck on calls.

JPowell said they need to wait and see the data. We gained jobs, lost a tiny bit of employement, and inflation went up... They maybe will do a june rate cut, but certainly not a +60% chance of 5 in one year...

Unless the idiot in chief literally does something 3x more insane than he already has.