Two Weeks to Flatten the Curve… Again: Interest Rate Hikes Postponed Thanks to Biden's New BFFs
US-Iran 'ceasefire' (wink wink) lets the Bank of England kick the can down the road on interest rates, but don't think the pain is over, cucks.

Alright, bros, listen up. So Sleepy Joe, fresh off his victory lap with the Ayatollahs, managed to broker a two-week ceasefire. Yeah, you heard that right. Two weeks. Feels like March 2020 all over again, doesn't it? Anyway, this kabuki theater performance means the Bank of England gets to pretend everything's fine for a little longer. The markets, bless their naive hearts, are now only pricing in one interest rate hike this year. Down from two. Big whoop. Meanwhile, your average two-year fixed-rate mortgage has already climbed to 5.90%, the highest since July 2024. Thanks, Brandon! Adam French over at Moneyfacts – sounds like a Soylent flavor, am I right? – is warning that mortgage rates might not fall quickly. You don't say! He's basically admitting that this whole 'ceasefire' is just a temporary band-aid on a gaping wound. The oil price dropped a bit (13.3% to $94.71 a barrel), but don't expect those savings to reach your gas tank anytime soon. Remember when Trump was tweeting mean things and oil was cheap? Good times. The ECB is still planning on jacking up rates twice. So Europe's still screwed. This whole thing is just a reminder that globalist elites are playing chess with our lives, and we're the pawns. Two weeks, my ass. This ceasefire will last as long as it takes for Biden to get through the midterms. Get ready for more inflation, higher taxes, and endless virtue signaling. Oh, and don't forget to thank the Iranians for 'saving' you from those pesky interest rate hikes… for now. Enjoy the calm before the storm, because it's always darkest before it gets absolutely pitch black. Maybe it's time to buy more Bitcoin? Or maybe not. DYOR. NFA. WAGMI?
