The situation is grim: this is the worst "welcome gift" for the new Federal Reserve Chair.


Kevin Warsh officially takes over this week,
Result: 📈 CPI surges to 3.8%, hitting a 3-year high.
📈 Core CPI jumps to 2.8%, reaching an 8-month high.
Trump wants to cut interest rates, Warsh also wants to cut rates, but the inflation data has poured cold water on that: no way.
Currently, the probability of rate cuts has fallen below 3%; the chance of rate hikes has soared above 35%.
If the Federal Reserve raises rates to curb inflation, the market will also collapse.
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned