Powell has been reluctant to cut rates not on pure economic merit but because the Fed dislikes the current Trump administration (whereas it favored the prior one), and the next Fed chair will be an easy-money type who cuts rates for sure within about 8 months.
factualpending
Speaker
Bill FleckensteinEvidence Quote
“the next Fed chairman is cutting rates for sure... we're only 8 months away from the next one”
Source
Bill Fleckenstein: We've Gone Past The Point Of No Return, Only An Epic Crisis Can Fix— The Julia La Roche ShowCreated: 6/18/2026, 1:58:45 PM
My Notes
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