Bigger Is Better: Trump Says A "Small Cut" Won't Do

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Posted: Jul 30, 2019 10:59 AM
Bigger Is Better: Trump Says A "Small Cut" Won't Do

Source: AP Photo/Pablo Martinez Monsivais

Trump is openly campaigning for more than a quarter-point cut but the market has discarded that outcome.

Trump's views are widely understood, but he is on the campaign trail anyway: Trump Says He Wants More Than ‘Small’ Fed Rate Cut.

Single Cut Odds

The market thinks there is only a 27.1% chance of a 50 basis point cut.

That is up from 18.8% yesterday so it's likely Trump shifted the odds, but not enough.