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🚨🇺🇸 JPMORGAN PREDICTS FED RATE CUTS STARTING SEPTEMBER
Bank expects four quarter-point cuts this year bringing rates to 3.25-3.5% range.
Labor market weakness and Trump pressure drive accelerated timeline predictions.
9.8. klo 06.10
🇺🇸 IRS BOSS BOOTED, TRUMP HANDS JOB TO TREASURY SEC
Sec Bessent, who already has his plate full with trade talks involving China, Canada, and Mexico, plus the hunt for the next Fed chair, collects another title.
Trump has ousted IRS Commissioner Billy Long after less than 2 months in the job and temporarily handed the reins to Treasury Secretary Scott Bessent.
Now he’s also the taxman-in-chief.
Source: @EricLDaugh
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