>>60846025
You won't be able to lower the cost of debt when you lower the rates with obviously increasing and higher inflation and the bondmarket says "no". Look at the 30y, it barely moved. It's still higher than after the PPI. The bondmarket already knows how the PCE looks like.

>>60836966
We'll likely get an abhorrently bad PCE in a few days. Might cause a dump for a day or 1-2 hours, then back to
>Whatever, we still have September
Actually, we don't. FOMC is 16-17th September. At least this time we get PPI (10th) prior to CPI (11th).

>>60836950
I'd be fine if he cuts and Trump would take all the blame if something goes wrong, as in Inflation going up. But Trump won't do that. He'll say it's not his inflation or there is no inflation.