I think they will cut at least once and that it will be in June because of the political pressure from the White House.
I expect WH will try.
“I think they will cut at least once and that it will be in June because of the political pressure from the White House.”
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Agree. They will cave to WH pressure and probably do two small cuts so as to make them appear warranted by “slowing economic activity” or some such cover for what is purely political.
The problem for the Fed though is rising oil prices which will contribute toward more inflation, but that can be can be temporarily camouflaged with a little economic legerdemain.