I don’t know who noticed, before they popped the champagne bottles, that we aren’t at the Fed’s target of 2% inflation. So why would they announce rate cuts? Because they recognize we are headed into a not so soft landing, and they won’t want to make a recession into The Greater Recession or Great Recession 2.0 or the Great Self-Induced Recession.

Article Referenced: https://www.wsj.com/world/china/china...

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