The Federal Reserve see the economy through massively thick veil-of-fog. It lacks statistical data because of the recent shutdown. But that doesn’t stop the old-lady from wanting to accelerate. Have you ever been caught off guard by thick fog on the road? Do you remember when you accelerated? The wall of reality hit you hard.
The federal reserve doesn’t know where the economy is going. Not to mention the differences in the governors’ wishes: some wanted a quarter-point increase in rates, while a Trump’s affide, Stephen Miran, hoped for a decrease of 1.5%. Jerome Powell’s Federal Reserve, divided among numerous and contradictory analysts, has just cut its key interest rates by a quarter of a point. And this gap is likely to widen even further in the future.
According to Jerome Powell, , who finally decided on a quarter-point cut in key interest rates (3.5% and 3.75%), growth will be fueled by massive investments in the artificial intelligence (AI) sector. But many analysts believe the AI bubble will finally burst before spring, so strong seems the incestuous relationship between the players.
In a few days or weeks, the survivors of the crash against the wall of reality will be at the hospital…