Why are are rate cuts coming despite what they say?
Because they have to. The math reality demands it.

Interest payments on debt now exceeding the entire US military budget of $842B.

None of this sustainable knowing the US is heading to over $50 trillion in debt by 2032. pic.twitter.com/I3vrUNS5gh

— Sven Henrich (@NorthmanTrader) October 2, 2023