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Why Your Borrowing Costs Aren’t Dropping
4 months ago
5
The economy is on edge as a major policy clash unfolds at the highest levels of government. President Donald Trump wants immediate rate cuts to ward off a future downturn. Federal Reserve Chair Jerome Powell is refusing to budge. Their disagreement has sparked a broader debate: should we act now to protect the economy, or wait until the damage is already done?
This tug-of-war between proactive and reactive policy has real consequences for markets and for your money. With interest rate cuts still likely later this year, many are turning to gold now, before the landscape shifts.
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