Rate Cuts in Peril: The Dominoes Fall Against Trump's Wish List The drumbeat for rate cuts has been growing louder, but as Kevin Warsh prepares to take the reins at the Federal Reserve, a different tune is emerging.
Despite his own optimistic outlook on the economy, the incoming Fed Chairman has yet to commit to reducing interest rates – and it seems he may not have much choice in the matter.
The bond market, often seen as a barometer of economic expectations, is sending a clear signal: rates are unlikely to fall anytime soon.