US President Trump downplays major reform bill and says housing is 'all about interest rates'; reiterates criticisms against Fed Chair Powell; Trump said he thinks rates will come down after the war, they were headed in that direction

Trump's comments suggest a dovish stance on interest rates, indicating he believes they will decline, especially post-war.

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US President Trump downplays major reform bill and says housing is 'all about interest rates'; reiterates criticisms against Fed Chair Powell; Trump said he thinks rates will come down after the war, they were headed in that direction

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“I’m looking at other things very strongly,” Trump said. “Housing to me is all about interest rates, and we’re driving the interest rates down. Other than we have a very, very dumb head of the Federal Reserve, we’re driving the interest rates down.”

Context

His criticism of Fed Chair Powell suggests a potential rift that could impact monetary policy perception and market expectations. This could influence the USD and fixed-income assets as market participants reassess the rate outlook in light of political commentary.

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