But that's the whole point! The economic numbers are good and have been. Remember Powell's reason for not lowering rates isn't based on the economic numbers but on his fear of what the Trump tariffs would do. Well guess what? All the hyperventilating about massive inflation and a stock market crash were as usual over blown and fueled by TDS. Now that Trump has secured the massive EU trade deal and with China on the verge Powell has no more reason to not drop the rate. If he doesn't drop it now he'll be shown to be nothing more than political.