Here’s Why the Fed Cut Rates by 50 Basis Points Despite Extremely Strong US Economy, According to Arthur Hayes

BitMEX co-founder Arthur Hayes believes the Federal Reserve slashed interest rates by 50 basis points to boost Kamala Harris’ presidential campaign. In a new Cointelegraph interview, Hayes says Fed Chair Jerome Powell and Treasury Secretary Janet Yellen are teaming up to increase the odds that Kamala Harris will take over the White House after the The post Here’s Why the Fed Cut Rates by 50 Basis Points Despite Extremely Strong US Economy, According to Arthur Hayes appeared first on The Daily Hodl .