In Reply to: I don't believe that for a minute. * posted by BluBlood on October 28, 2026 at 16:41:19
The expectation had been that he would raise rates 0.25% in September, December rather than November, with another increase anticipated in February.
By leaking that we could see three rate hikes at roughly two-month intervals, he has effectively made the market drop by a 0.75% rate hike right before the election before he even actually made the hikes official.
How it was handled hurt Trump more than any other sequence.