Record #4991
The Federal Reserve will not cut interest rates at its next meeting, despite President Trump wanting a cut
CorrectRecorded occurrence
Each quote retains its own speaker, episode, publication date, timestamp when available, and full-source link.
Occurrence 1 of 1 · source record #4991 Bannon War Room · Episode 5424: Job Report Comes In Positive; Fusing Israeli And US Intelligence
Original quoteI don't think, I don't see the Fed doing a rate cut, which I know President Trump wants. I don't see that happening.
Quote begins at 17:26
Exact speaking time unavailable; using the official episode publication date.
How the call settles
The FOMC leaves the federal funds target rate unchanged (no cut) at its next meeting after June 5, 2026
Our reasoning
YES on the research record because At the first FOMC meeting after June 5, 2026 (June 16-17), the committee voted 12-0 to leave the federal funds target range unchanged at 3.50%-3.75% for a fourth straight meeting; the new dot plot removed the prior 2026 cut and signaled possible hikes.. Applied stored rule: The FOMC leaves the federal funds target rate unchanged (no cut) at its next meeting after June 5, 2026.
Outcome evidence
At the first FOMC meeting after June 5, 2026 (June 16-17), the committee voted 12-0 to leave the federal funds target range unchanged at 3.50%-3.75% for a fourth straight meeting; the new dot plot removed the prior 2026 cut and signaled possible hikes.
Outcome date: 2026-06-17
Verdict recorded: 2026-07-30
Basis: research