The EU is preparing to cut interest rates for the 7th time" Trump choked Powell again: The Fed always misjudges the economy, and the United States should cut interest rates immediately
In the evening, Trump criticized Federal Reserve Chairman Jerome Powell for not following up on the ECB's interest rate cuts, stressing that the United States should lower interest rates, and the market reacted differently to tariffs and inflation. (Synopsis: Unexploded bomb this summer: Trump has the right to "fire Powell" after May to control the US Federal Reserve to cut interest rates? (Background supplement: Ball crushed interest rate cut hopes + Huida chip was regulated, bitcoin fell back to 84,000, and U.S. stocks encountered another violent sell-off) US President Trump once again posted on the Truth Social platform this evening (17), slamming Federal Reserve Chairman Jerome Powell's interest rate policy as "always too late and wrong." Trump pointed out that the European Central Bank (ECB) is expected to cut interest rates for the seventh time, reducing the deposit rate to 2.25% from its 2023 high of 4%, while the Fed has not followed suit, maintaining the benchmark interest rate in the 4.25~4.5% range. He stressed that oil and grocery prices (including eggs) are falling, the United States is "getting rich" through tariffs, the Fed should cut interest rates immediately, and bluntly said that Powell's dismissal is urgent. Short-term market reaction After Trump's comments and the news of the ECB's interest rate cut were announced, financial markets reacted differently. U.S. stock futures edged up premarket on April 17, but bond markets were more volatile on inflation concerns. At the same time, the dollar strengthened against the euro, reflecting the widening interest rate gap between the United States and Europe. Analysts pointed out that if the Fed maintains high interest rates, it may curb economic growth, but if it cuts interest rates prematurely, there is a risk of inflation getting out of control. Markets are closely watching the Fed's May 7 interest rate decision to gauge whether Powell will adjust policy under political pressure. Related reports BitBonds: Bitcoin + U.S. bonds, what can reshape the pattern of US finance? It is necessary to understand the terrorist chain reaction of the US bond sell-off: from falling prices to fiscal crisis "The EU is ready to cut interest rates for the 7th time" Trump choked Bauer again: The Fed always misjudges the economy, and the United States should cut interest rates immediately" This article was first published in BlockTempo "Dynamic Trends - The Most Influential Blockchain News Media".
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The EU is preparing to cut interest rates for the 7th time" Trump choked Powell again: The Fed always misjudges the economy, and the United States should cut interest rates immediately
In the evening, Trump criticized Federal Reserve Chairman Jerome Powell for not following up on the ECB's interest rate cuts, stressing that the United States should lower interest rates, and the market reacted differently to tariffs and inflation. (Synopsis: Unexploded bomb this summer: Trump has the right to "fire Powell" after May to control the US Federal Reserve to cut interest rates? (Background supplement: Ball crushed interest rate cut hopes + Huida chip was regulated, bitcoin fell back to 84,000, and U.S. stocks encountered another violent sell-off) US President Trump once again posted on the Truth Social platform this evening (17), slamming Federal Reserve Chairman Jerome Powell's interest rate policy as "always too late and wrong." Trump pointed out that the European Central Bank (ECB) is expected to cut interest rates for the seventh time, reducing the deposit rate to 2.25% from its 2023 high of 4%, while the Fed has not followed suit, maintaining the benchmark interest rate in the 4.25~4.5% range. He stressed that oil and grocery prices (including eggs) are falling, the United States is "getting rich" through tariffs, the Fed should cut interest rates immediately, and bluntly said that Powell's dismissal is urgent. Short-term market reaction After Trump's comments and the news of the ECB's interest rate cut were announced, financial markets reacted differently. U.S. stock futures edged up premarket on April 17, but bond markets were more volatile on inflation concerns. At the same time, the dollar strengthened against the euro, reflecting the widening interest rate gap between the United States and Europe. Analysts pointed out that if the Fed maintains high interest rates, it may curb economic growth, but if it cuts interest rates prematurely, there is a risk of inflation getting out of control. Markets are closely watching the Fed's May 7 interest rate decision to gauge whether Powell will adjust policy under political pressure. Related reports BitBonds: Bitcoin + U.S. bonds, what can reshape the pattern of US finance? It is necessary to understand the terrorist chain reaction of the US bond sell-off: from falling prices to fiscal crisis "The EU is ready to cut interest rates for the 7th time" Trump choked Bauer again: The Fed always misjudges the economy, and the United States should cut interest rates immediately" This article was first published in BlockTempo "Dynamic Trends - The Most Influential Blockchain News Media".