In a recent tweet, real estate mogul and entrepreneur Grant Cardone questioned why the Federal Reserve isn’t cutting interest rates more aggressively. After the Fed’s recent decision to lower rates by 50 basis points to a range of 4.75%-5%, Cardone suggested that, given the economic circumstances, they should have made a more substantial cut. Cardone pointed out that if Fed Chair Jerome Powell plans to cut another 100 basis points by the end of the year, why not just do it now? He hinted that the Fed might be hesitant to take this step because they don’t want to show how fragile the economy is.