The recent push from the White House for aggressive rate cuts has Wall Street buzzing. There's growing worry that whoever lands the top job at the central bank might feel pressured to slash rates even when economic fundamentals don't justify it.
Aoifinn Devitt over at Moneta flagged something worth paying attention to: the pushback is getting louder. Hawks within policy circles aren't staying quiet—they're actively challenging the narrative that cheaper money is the answer right now. The debate's heating up, and it's not just academic anymore. Markets are watching closely to see whether data-driven decision-making can hold its ground against political pressure.
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The recent push from the White House for aggressive rate cuts has Wall Street buzzing. There's growing worry that whoever lands the top job at the central bank might feel pressured to slash rates even when economic fundamentals don't justify it.
Aoifinn Devitt over at Moneta flagged something worth paying attention to: the pushback is getting louder. Hawks within policy circles aren't staying quiet—they're actively challenging the narrative that cheaper money is the answer right now. The debate's heating up, and it's not just academic anymore. Markets are watching closely to see whether data-driven decision-making can hold its ground against political pressure.