The Fed’s Minutes Just Got Leaked And It Looks Like They Can’t Agree On A Rate Cut
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OK, ‘leaked’ is a strong word, I think they always get officially released? That’s nice. Some nice transparency for once (I’m looking at you, Epstein Files).
So despite Trump’s pressure and a looming replacement to Jay Powell, most Fed Reserve officials seemed hesitant to cut rates any further with some suggesting that maybe we should even raise the rates.
Oops.
It’s by no means clear cut however, and if anything the take away is that they can’t agree on anything. This will likely cause more rifts when Trump turns his eye-of-sauron back on the Fed and will mean Kevin Walsh might be ice skating uphill against his colleagues come his swearing in in May.
Alright, there’s a lot more to this story, but it’s all a little boring. If you want more, you can get into the weeds of it, in this article. But if you want to stick around, we can play some tik-tak-toe? Pass the time, why not?
Cool, I’ll go first:
| |
____|____|____
| X |
____|____|____
| |
| |
Haha, beat that. OK, you’re turn… Yeah, just write it in right there on the screen. Don’t worry, I’ll wait.
…Take your time.
I know, it’s a complicated game, takes a lot of thought, but whenever you’re ready.
Sure, no, do, think about it. I’ll be right here…
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