[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Steve Hou [@stevehou0](/creator/twitter/stevehou0) on x 30.8K followers Created: 2025-07-22 14:10:14 UTC I think a key challenge with the “Powell struggle” is that the supporters of President Trump, even the well educated smart non-finance tech bros, seem convinced that “the Fed cutting rates” equals rates falling across maturities. That a stubborn Fed is the only force holding rates up. That’s just not true. The Fed isn’t the reason why 30y is at 5%. Fiscal policy is. But such nuances are really difficult to convey esp in a highly politically charged environment with very little mutual trust for good faith debates. XXXXXX engagements  **Related Topics** [rates](/topic/rates) [fed](/topic/fed) [donald trump](/topic/donald-trump) [federal reserve](/topic/federal-reserve) [Post Link](https://x.com/stevehou0/status/1947660463325528141)
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Steve Hou @stevehou0 on x 30.8K followers
Created: 2025-07-22 14:10:14 UTC
I think a key challenge with the “Powell struggle” is that the supporters of President Trump, even the well educated smart non-finance tech bros, seem convinced that “the Fed cutting rates” equals rates falling across maturities. That a stubborn Fed is the only force holding rates up. That’s just not true. The Fed isn’t the reason why 30y is at 5%. Fiscal policy is. But such nuances are really difficult to convey esp in a highly politically charged environment with very little mutual trust for good faith debates.
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