Fed Shock: Bowman Demands Three Dramatic Rate Cuts Before 2024!

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BREAKING: Fed Governor Demands RATE CUTS Before 2025!

Economic Chaos? Not on Bowmanโ€™s Watch!

Hold onto your wallets, folks! Federal Reserve Governor Michelle Bowman has dropped a bombshell: sheโ€™s calling for multiple interest rate cuts by the end of 2025! As tensions brew between President Donald Trump and Fed Chair Jerome Powell, this is a showdown you don’t want to miss!

Rates Steady Amidst Political Tug-of-War!

Despite pressure from Trump and his White House team for a rate cut, the Fed has stubbornly kept rates stuck between 4.25% and 4.50%. The battle lines are drawn as the Fed strives to keep inflation in check, while the government screams for lower borrowing rates to jumpstart the economy.

During a dramatic speech at the Kansas Bankers Association in Colorado Springs, Bowman didnโ€™t hold back! Sheโ€™s pushing for THREE rate cuts before 2025 comes to a close, pointing to grim labor market data that shows surging unemployment creeping from 4.1% to 4.2% with a shocking 73,000 new jobs addedโ€”far below the expectations!

Bowmanโ€™s Call to Action: Cut Rates NOW!

Bowman isnโ€™t just standing alone in her quest for changeโ€”sheโ€™s rallying her fellow FOMC members to jump on board! She and Fed Governor Chris Waller were the sole dissenters in the last meeting. The Fed Governor wants to slam the brakes down starting in September, followed by more cuts in October and December.

Her mission? To stave off any more โ€œunnecessary erosionโ€ in the job market while keeping the economy on a steady path!

A Tariff Threat? No Problem!

With bold confidence, Bowman claims tariffs wonโ€™t derail inflation and that the risks to employment must be the top priority. She said it herself:

โ€œAs I gain even greater confidence that tariffs will not present a persistent shock to inflation…we should focus on risks to our employment mandate.โ€

Chaotic Countdown to Change!

Adding to the drama, three more FOMC officialsโ€”Governor Lisa Cook, Mary Daly, and Neel Kashkariโ€”are voicing serious concerns over job numbers, cranking up the tension ahead of the next influx of policy decisions.


Crypto Boom or Bust? The Countdown Begins!

But thatโ€™s not all! A potential rate cut isnโ€™t just a headline; itโ€™s a GAME CHANGER for the crypto world! Interest in digital assets is skyrocketing, and political maneuvers are only fueling the fire! Recent moves toward the GENIUS Act and initiatives by the SEC are painting a bright future under Trump’s pro-crypto regime.

Alts at the Ready!

As excitement grows for altcoin spot ETF approvals and assets like XRP, Solana, and Dogecoin take center stage, the stage is set for thrilling months ahead in crypto! With the total cryptocurrency market cap hitting $3.91 trillionโ€”up a staggering 1.07% in just 24 hoursโ€”the time for action is NOW!

Get ready, because the financial landscape is about to shift, and you wonโ€™t want to miss a single moment!

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Source: USD @ Sun, 10 Aug.