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Here Come The Cuts
In a mid-week note, BMO's Ian Lyngen and Vail Hartman said Thursday's US CPI report would likely be decisive.
The inflation update, they said, held "the needed weight to trigger a sharp repricing in US rates."
Although the figures wouldn't "offer a definitive answer to the question around the timing of rate cuts," the release would nevertheless "weigh heavily in the debate [around] whether the FOMC is truly getting back on a disinflationary track that is consistent with a rate cut in September
Oh I think you had it right at all government employees wearing Trump trucker hats. Think of how much he could make off of that required uniform item? But why stop there? New military uniforms for all branches from Trump, all navy ships required to be painted with the gold Trump logo and thus pay him royalties, and every single white house communication only going through Truth social thus requiring anyone who wants to hear it to sign up for his social network.
So much money to be made as King of the US!