The Fed's 50 basis point cut was driven by Austin Goolsbee's recognition that a quarter point cut wouldn't bring policy in line with what the market and the numbers were telling them needed to happen.

causalpending

Speaker

David Hunter

Evidence Quote

Austin gby... not going to get us anywhere near where we should be

Source

Melt Up 2024 to Global Market Crash and $500 Oil - David Hunter | TOPOutlier Trading
Created: 8/12/2026, 6:01:00 PM

My Notes

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