If they follow the 70s example of stagflation, rate cuts are almost certainly not in the cards. Mass unemployment hasn't hit yet and inflation is probably about to skyrocket given historically how tarrifs work. The only way rates get cut is if Peach Man fires J Pow and replaces him with a someone willing to cut rates in spite of inflation. Which, is absolutely a distinct possibility.
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u/Rrrrandle 1d ago
The feds job isn't to save the stock market, it's to keep inflation and unemployment low. Lowering rates now does nothing for either.