The move the Federal Reserve Board made this week to cut interest rates a 3rd time in the past 3 months sparks the risk of higher inflation. The labor market is slowing drastically and we will all see skyrocketing unemployment numbers in 2026. Inflation will increase due to the impact AI is having on the overall job market. Powell and his cronies know this. This is a bullying tactic to further drive up the stock market. This author would compare this move to a negative amortization loan…..You keep dropping your current montly payments only pay drastically in the long term future before you have to foreclose on your house. Bad move, short term gains, long term consequences.
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