
The Kobeissi Letter|Jul 01, 2025 00:44
So far, President Trump has:
1. Threatened to "fire" Fed Chair Powell
2. Called for a 100 basis point rate cut
3. Asked if he could nominate himself as Fed Chair
4. Called for a 250 basis point rate cut
5. Sent a handwritten letter to "Too Late" Powell
6. Called for interest rates to drop to 1%
Lower interest rates appear to have become President Trump's #1 economic priority.
It's going to be an interesting third quarter.
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