If you thought the Fed might cut interest rates during this whole trade war tariff kerfuffle… sorry, it probably won’t.
Why Crisis-Tested Fed Official Neel Kashkari Doesn’t See Imminent Rate Cuts [The Basis Point] – “Markets are in crisis trying to sort out extreme economic uncertainty born from extreme trade policy uncertainty (see chart). Minneapolis Fed president Neel Kashkari is a market crisis expert — he ran the 2008 crisis-response TARP program for Treasury chief Hank Paulson — and just said the Fed is less likely to cut rates to manage this trade war crisis.”
Oh well.