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Bessent’s Bold Fed Call: 50bps Rate Cut Looms in September – Markets Braced for Shockwaves
Bessent’s Bold Fed Call: 50bps Rate Cut Looms in September – Markets Braced for Shockwaves
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The Fed’s printing presses are warming up again—Bessent just dropped a grenade in the monetary policy playground.
The 50bps Gamble
September’s FOMC meeting could go down in history as the day Powell finally caved to Wall Street’s tantrums. A half-point cut isn’t just a tweak—it’s a full-blown panic button move.
Market Implications
Crypto traders are already front-running the news, because nothing says ‘healthy economy’ like traders betting on central bank desperation. Bitcoin’s likely to treat this like rocket fuel—because when has easy money ever created bubbles?
The Cynic’s Corner
Let’s be real: this isn’t about data—it’s about saving some overleveraged hedge fund’s bacon. Again. The Fed’s ‘data-dependent’ stance? More like ‘banker-dependent.’
U.S. Treasury Secretary Scott Bessent has called for the Federal Rese... Read More
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