The tweet was deleted by the author.
But we saved everything 🙂.
Trump has asked the Federal Reserve for an emergency rate cut.
Mike Shedlock notes that the odds of this happening are zero, but raises the question of what could occur during the rest of the year. No further details are provided in the tweet.
Shedlock's skepticism toward an emergency rate cut comes amid ongoing debate about the broader trajectory of monetary policy—a discussion reminiscent of his prior analysis on potential interest rate adjustments to 3 percent. Additionally, the current uncertainty parallels his observations on China’s treasury holdings masking in European markets, highlighting the complex interplay between global financial strategies and domestic economic decisions.