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Why Jerome Powell and the Fed MUST Cut Rates by 0.50% (Not 0.25%)
The Federal Reserve is meeting today and tomorrow, and all eyes are on Jerome Powell. Markets are expecting just a 0.25% cut, but that won’t be nearly enough. After months of being behind the curve, the Fed has to prove it’s serious about supporting the labor market, fixing the housing crunch, and jumpstarting growth. In this episode, I explain why only a 0.50% cut can restore confidence and why Powell can’t afford to play it safe anymore.
0:00 Intro
0:36 How much will The Fed cut interest rates by?
3:02 Why I think Bitcoin is gearing up for a big rally in the weeks to come
6:35 Interview with Jordi Visser at the Independent Investor Summit
Listen to From the Desk of Anthony Pompliano on:
Apple Podcasts: https://podcasts.apple.com/us/podcast/from-the-desk-of-anthony-pompliano/id1819778503
Spotify: https://open.spotify.com/show/1THAGnR1Xt1WDUn1CCTh1D
Pomp writes a daily letter to over 265,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at:
http://pompletter.com
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