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![KobeissiLetter Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::3316376038.png) The Kobeissi Letter [@KobeissiLetter](/creator/twitter/KobeissiLetter) on x 948.6K followers
Created: 2025-07-09 15:20:40 UTC

Despite near-daily call outs by President Trump, Fed Chair Powell refuses to cut rates right now.

The US is borrowing more, yields are rising, and spending cuts are distant at best.

Buckle up for a wild ride.

Follow us @KobeissiLetter for real time analysis as this develops.

![](https://pbs.twimg.com/media/GvbJTqEXIAAm0ZW.jpg)

XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1942967145467453756/c:line.svg)

**Related Topics**
[rates](/topic/rates)
[powell](/topic/powell)
[fed](/topic/fed)
[donald trump](/topic/donald-trump)

[Post Link](https://x.com/KobeissiLetter/status/1942967145467453756)