The Fed cutting rates is a matter of time to avoid 'catastrophic debt crisis,' says NorthmanTrader.
) bulls do not need to wait long for the United States to start printing money again, commentators believe.
While interest rate hikes look set to continue declining in scope, some now believe that the Fed will soon have only one option — to halt the process altogether. A dizzying number, the interest comes as a result of U.S. government debt being over $31 trillion, the Fed having printed trillions of dollars since March 2020 alone. Since then, interest payments themselves have gone up by 42%, Henrich noted.
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