Federal Reserve cuts interest rates by a quarter point

Inflation seems to be creeping up. Unemployment is reasonably low. How is this justified, in light of what the Fed did in similar situations, and with respect to the recent "soft landing" of the economy, something that's very rarely been done in the past

If you remove tech, healthcare, and real estate, we are in a recession [0]

[0] - https://www.ft.com/content/e9be3e3f-2efe-42f7-b2d2-8ab3efea2...

With all due respect, is that fair or even real? For an imperfect impromptu analogy, the KC Chiefs had a Superbowl threepeat, if you remove that last game. Some phenomenon are "bulk", like temperature, doesn't inflation and unemployment match that?

The US consists of multiple regional economies, and a large portion of regional economies have fallen into recession or are barely treading water.

The only regional economies that are healthy are those closely aligned with the trifecta of tech, real estate, and healthcare and those are heavily clustered in a couple of metropolitan regions.

You've convinced me. This has nothing to do with Trump wanting the prime rate lowered. Trump's pressure on Powell and Cook had no practical effects. Thanks for clearing all that up for me, I appreciate it.