All-In with Chamath, Jason, Sacks & Friedberg
Kamala surges, Trump at NABJ, recession fears, Middle East escalation, Ackman postpones IPO
Chamath Palihapitiya
He said, we're getting closer to the point at which it'll be appropriate to reduce our policy rate, but we're not quite at that point. The next Fed meeting where this rate cut could happen is September 17th and 18th. And if you look at the futures markets today, the market is now estimating a 20% probability of a 50-bip rate cut in the September meeting
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