Fed Under Pressure: Bessent Calls for Radical 150+ Basis Point Rate Cut to Avert Crisis
Wall Street's whispering the unthinkable—what if the Fed's behind the curve? Again.
Bessent's bombshell: Slash rates by 150bps or face the music
The former hedge fund heavyweight isn't mincing words. With inflation ghosts fading and growth sputtering, his prescription borders on monetary defibrillation. "They'll claim victory over inflation while the patient flatlines," quips one trader—proving finance never misses a chance to be morbidly poetic.
Markets twitch as the dollar's fortress weakens
Crypto traders already pricing in the chaos. Bitcoin's licking its chops at the prospect of cheaper money sloshing through the system. Because nothing says 'hedge against central bank incompetence' like a decentralized asset with the volatility of a caffeinated squirrel.
The closer: When the guy who made billions predicting crises says 'panic,' maybe don't wait for the Fed's PowerPoint presentation.