๐จ HUGE MACRO ALERT: RATE CUT ODDS EXPLODE! ๐บ๐ธ๐ฅ
White House adviser Kevin Hassett just dropped a bombshell โ he says the Fed is very likely to cut rates next week.
Hereโs the pulse of the moment:
โข A quarter-point cut is what most people expect
โข That would push the target range down to 3.5%โ3.75%
โข This lines up with the earlier cut in October and the push for lower borrowing costs
โข Inflation is hovering near the Fedโs 2% goal, giving them room to ease without heating things up again
โข Markets are already pricing in an 87% chance this actually happens
Why it matters:
If the Fed pulls the trigger, mortgage rates and loan costs could drop quickly โ giving households and businesses some breathing room after a tight year.
Big week ahead. All eyes on the Fed. โก๐๐
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