To prompt Powell to cut interest rates, Chuanzi adjusted the unemployment rate for next Friday, June 6, to 4.5%, indicating signs of an economic recession in the U.S., allowing The Federal Reserve to quickly lower interest rates at 2 AM on June 19.
View Original
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.
To prompt Powell to cut interest rates, Chuanzi adjusted the unemployment rate for next Friday, June 6, to 4.5%, indicating signs of an economic recession in the U.S., allowing The Federal Reserve to quickly lower interest rates at 2 AM on June 19.