Driving Markets Podcast
Meir Velenski is an investment banker with over 35 years of experience.
He has established multiple businesses over the years and has vast experience in the City of London banking sector and Wall Street.
Meir has an amazing ability to take the most difficult complex topic and break it down for simple understanding.
Driving Markets Podcast
Trump vs Powell and rate cuts
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Meir Velenski
Trump is trying to force Jermoe Powell head of the Fed into the corner and get the FED to reduce rates faster. Jerome Powell is resisting and wants to see the full effects of the trade war on Inflation.
Rates will probably fall in September but not enough for Trump to be happy.
Here we discuss the set up for rates and the US economy.