Will The Fed Cut Interest Rates Now That Jerome Powell Is Leaving?

Jerome Powell hosted his final FOMC meeting yesterday as the Fed chairman. Kevin Warsh, pending a Senate confirmation, will replace him. Is this what will finally usher in interest rates cuts? Maybe, but maybe not. There's A LOT of dissenting opinion on whether to cut or not. In this video, I'll tell you what I think and why. 0:00 Jerome Powell chooses NOT to cut rates again1:15 Many Fed members DID want to cut2:25 Will the Fed cut rates in the coming months (when there's a new Fed chairman)? 4:21 Ray Dalio thinks interest cut rates would be a mistake6:20 The Federal Reserve continues to destroy the dollar6:46 What I think the Fed should doListen to From the Desk of Anthony Pompliano on:Apple Podcasts: https://podcasts.apple.com/us/podcast/from-the-desk-of-anthony-pompliano/id1819778503Spotify: https://open.spotify.com/show/1THAGnR1Xt1WDUn1CCTh1DPomp writes a daily letter to over 265,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at: http://pompletter.comJoin 600K+ subscribers on my main channel: https://pompyoutube.com/ Follow Pomp on social media:Twitter: https://twitter.com/APompliano Instagram: https://www.instagram.com/pompglobal/ LinkedIn: https://www.linkedin.com/in/anthonypompliano/#AnthonyPompliano #FromtheDesk #marketnews