A Rate Cut in July? Major Alarm Bells for the Dollar Fed Governor Waller just dropped a bombshell: a rate cut could be on the table “as early as July.” That’s a full sprint ahead of the fall stretch that markets had penciled in. Paired with Trump’s renewed push for lower rates to ease borrowing costs, suddenly monetary policy feels like it’s careening off script. Waller said this morning, “We’re in a good spot now for talking about bringing the rate down,” and hinted at pausing only if something unexpected—like a Middle East shock—comes along. But this urgency? It’s a signal: the Fed might be shifting from caution to full-on easing mode. Why This Matters for Inflation—and Why Gold Should…
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