Politicians Pressure Powell to Give Up the Inflation Fight – Rate Cuts Ahead?
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Politicians Pressure Powell to Give Up the Inflation Fight – Rate Cuts Ahead?

by Peter Reagan, Birch Gold Group: Morgan Stanley thinks the Federal Reserve could start cutting rates as early as September, based on the idea that “inflation is finally under control.” (Except it isn’t under control yet.) The Federal effective funding rate has been held at 5% or higher since May 2023, as you can see on the graph below: […]