🚨BIG RATE CUTS COULD BE ON THE WAY

The U.S. government needs to refinance about $10 trillion in debt over the next year.

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The current average interest rate on U.S. debt is around 3.36%

A 1% drop in rates could reduce interest costs by roughly $100 billion

Lower borrowing costs would ease pressure on the federal budget and support the wider economy.

Some analysts believe that if tensions between the U.S. and Iran ease, inflation could cool down. That might allow the Federal Reserve to take a more dovish stance and begin cutting interest rates more aggressively.

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