Trump demands a historic interest rate cut by 300 basis points! 🇺🇸📉
• After the latest Fed hike that brought the rate to the 3.75%–4.00% range, President Trump has come out calling for a cut to 1% or less—which means a once-and-for-all, massive imaginary cut of 300 basis points ⚠️📊
• To put this in perspective, the largest cut made in a single meeting by the US Federal Reserve was 100 basis points (in 2020 and 2008). So what Trump is asking for equals 3 times the entire historic benchmark 🚀📉
• The last quarter of this year (Q4) will be fiery and extremely difficult amid this standoff between the US administration and Federal policies
$NVDAB
• After the latest Fed hike that brought the rate to the 3.75%–4.00% range, President Trump has come out calling for a cut to 1% or less—which means a once-and-for-all, massive imaginary cut of 300 basis points ⚠️📊
• To put this in perspective, the largest cut made in a single meeting by the US Federal Reserve was 100 basis points (in 2020 and 2008). So what Trump is asking for equals 3 times the entire historic benchmark 🚀📉
• The last quarter of this year (Q4) will be fiery and extremely difficult amid this standoff between the US administration and Federal policies
$NVDAB