I still don’t know what to make of Powell, presuming the whole thing is not a big act.
However I am confident that whoever replaces him will opt to reduce interest rates at the next scheduled opportunity. This will be good for Bitcoin I’m told, but what isn’t.
What I am curious about is will an interest rate drop be good for the US, and how will it ripple out across the globe?
long over due, I think Trump was going to fire him for 'cause' or nominate his replacement early, relegating Powell to lame duck status
I still don’t know what to make of Powell, presuming the whole thing is not a big act.
However I am confident that whoever replaces him will opt to reduce interest rates at the next scheduled opportunity. This will be good for Bitcoin I’m told, but what isn’t.
What I am curious about is will an interest rate drop be good for the US, and how will it ripple out across the globe?