PremiumHere's What Trump Needs To Do For Powell To Quickly Cut Rates
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We had a feeling this would happen.
Back in December, we knew that Trump would need a rate cut by the Fed (the same Fed that cut rates two months before the election when stocks were at all time highs, when the economy was reportedly growing much faster and when the unemployment rate was lower but refuses to do so now), but that Powell would prove to be... uncooperative. That's why we said that all Trump needed to do, is to pull an "anti-Biden" (as in the opposite of the previous president's persistent massaging of the labor market higher to make it seem his economy was stronger than it actually was), and instruct the BLS to show a loss of 200,000 workers at the first possible opportunity (in this case February would have been a good starting point), to force the Fed to ease.
Trump pulls an anti Biden: tells BLS to show loss of 200,000 workers in February, Fed cuts 50
— zerohedge (@zerohedge) December 19, 2024
Problem solved