Cuts are the only thing keeping this from free falling, so yes. I think he's going to keep his "wait and see" line about inflation and the market is going to kill itself.
This is going to stay in freefall unless Trump backtracks or the entire globe decides to concede the trade war at once. Neither option appears to have a chance in hell.
Rate cuts can't flex tape over cratering the entire international order and likely losing the dollar reserve.
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u/Oo00oOo00oOO 1d ago
So the market will absolutely go bonkers if there ain't any cuts?