Jerome Powell is predicted to argue for no rate cut at an upcoming FOMC meeting (implied December 2025).
"So my guess would be that, you know, he's probably, you know, he doesn't really feel he has to do has to do a rate cut if he doesn't want to. Um, and we all know, you know, it's it's not exactly a secret that whoever comes in um is going to be pretty much expected to do Trump's bidding. So, I I wouldn't blame Powell at all. Now, if he dug his heels in and argued for, you know, for no cut, um because, you know, like I say, he hasn't got long left. He probably wants to um safeguard his legacy as much as anything else."