”As a real estate developer who once called himself the “king of debt,” Trump favors the lowest rates possible. But Wall Street thinks Trump’s policies in a second term would be more likely to push rates up than down.”
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Edited: Jul 03, 2024
Markets Pricing in a Trump Sweep in November.
Markets Pricing in a Trump Sweep in November.
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Be careful what you wish for, you just might get it.
“But Trumpflation, if it develops, could put a halt to those rate cuts. The Fed could postpone rate cuts even on the prospect that Trump might win in November — especially if markets are signaling that that’s the expected outcome. And if Trumpflation actually materialized, the Fed might have to raise rates rather than cut.”