09/19/2025
After months of pressure from the White House—where Donald Trump has made no secret of his desire for looser money ahead of the November election—Jerome Powell, the Fed’s chairman, finally yielded. Or so it seemed. The optics of a cut may pacify the president’s Twitter feed. The substance, however, tells another story!
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https://poiseinvestment.com/blog/f/a-cut-in-name-only
The Federal Reserve’s quarter-point rate cut this week was less a response to economic data than to political noise. After months of pressure from the White House—where Donald Trump has made no secret of his desire for l...