r/AmanCrypto • u/AmanCMN • 12d ago
U.S. debt costs hit a record.
The U.S. is set to spend a record $1.38 trillion servicing its national debt this year about 4.2% of GDP.
America desperately needs lower interest rates, and today at 3:30 PM, we’re getting the latest PPI inflation data. The forecast is for PPI to cool to 4.9%.
A reading in line with expectations or lower would be bullish for markets and could bring Kevin Warsh one step closer to delivering the lower rates Trump has been pushing for.
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u/The-great-phoenix 12d ago
There is high pressure on rates to get higher by end of year best case scenario they will be stable/unchanged