🚨 Fed drama just hit a new level: Trump tried to fire Lisa Cook, a judge blocked it (funny enough, the judge was in the same sorority…), Stephen Miran’s nomination advances, and Wells Fargo says Trump is “entitled” to pressure the Fed.
Add in yesterday’s QCEW bloodbath and today’s negative PPI, and a Fed rate cut next week looks almost guaranteed – maybe even ½%. If you bought or refinanced in the last 2 years, you’ve paid more than you should because of inflated jobs data and political games.
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Russell McDonald | NMLS 290837 | Broker CA DRE 01150730
Wymac Capital Inc | NMLS 18766 | Broker CA DRE 01121628
Real Estate Broker – CA Dept of Real Estate #shorts #FederalReserve #QCEW #Trump #LisaCook