Trump Wants Fed Rate Cuts, More QE

The transcript discusses the Federal Reserve's potential pause in rate hikes, with some economists concerned about the lagged effects of monetary policy. President Trump advocates for rate cuts and quantitative easing, while market projections show a potential rate cut if economic conditions don't improve. The jobs report shows mixed signals, with weak payrolls but low unemployment, affecting the Fed's decision-making. Inflation remains below the Fed's target, complicating rate decisions.

What is the significance of the yield curve inversion mentioned in the text?

What trends were observed in average hourly earnings according to the text?