Subject: Re: Asking for each of your takes
I do not know why the FED needs to lower rates.
Right now, they don't. At least, not for economic reasons.
Inflation is still too high--and expected to go up a bit--more than we expect/desire. Tariffs are raising prices/inflation with no benefit to the general public--except to reign in the ability of the non-upper classes to spend money to stimulate the general economy.
Stagflation is definitely possible. If so, it could be a repeat of 1980-1982 to kill it. Imagine the frantic antics in the White House when THAT point arrives....
Hopefully, avoid stagflation. Definite worker shortage in the US--especially on farms that require field workers to grow, maintain, and/or harvest crops by hand. Farmers can not pay market rates for US workers. US workers will not take jobs at $7-$10/hr.