I think there will definitely be a rate cut this year, but I have no idea when. Personally, I think it could be sometime during the fall/winter.

The expectation of a rate cut is being pushed back until sometime in June, however, word of the pharmacy scale on which they will weigh leads me to wonder if we should expect a smaller cut even sooner. The fact that it has to be in 0.25 increments is not the law. How about 0.1 right away and see what that does. That's how the Fed might think.

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