ilmscore | Prediction Details
"We are going to see less interest rate cuts come in 2025, which of course is very interesting as well because President-elect Trump is going to be entering the White House in January and he has been very adamant on wanting lower interest rates. Now, of course, the White House doesn't set interest rates. It's the Federal Reserve Bank. And the Federal Reserve Bank, although they're called the Federal Reserve Bank, they're technically not Federal... but they do have the ability to set interest rates and they're not supposed to be influenced by who's in the White House. And so this is where Jerome Powell is kind of hinting that maybe we won't be cutting interest rates as aggressively next year, but President-elect Trump wants more aggressive interest rate cuts."
By Minority Mindset | December 7, 2024 | Pending
From video
The Fed JUST Issued An Economic Warning... 00:04:16 - 00:05:09
Interpreted Prediction
Jerome Powell is hinting at fewer interest rate cuts in 2025, contrasting with President-elect Trump's desire for more aggressive cuts, suggesting potential conflict between the Fed and the incoming administration.

Prediction Details

Topic
Interest Rate Policy

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.