The Kobeissi Letter
The Kobeissi Letter|Apr 07, 2025 18:15
President Trump vs Fed Chair Powell: Trump has now called on Powell to cut rates multiple times over the last 5 days. Meanwhile, Powell said he's "not in a hurry" to cut rates and odds of NO cut in May 2025 are up to 71%, per @Kalshi. Powell wants higher for longer.
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