US President Trump says Fed Chair "Too Late" Powell should be dropping interest rates immediately, not waiting for the next meeting

US President Trump says Fed Chair "Too Late" Powell should be dropping interest rates immediately, not waiting for the next meeting.

President Trump's comments that Fed Chair Powell should act immediately on interest rates reflect a hawkish sentiment that could challenge the Fed's current stance and increase market volatility. This could shift expectations around monetary policy, impacting asset classes across equities, fixed income, and currencies, particularly the USD as traders reassess the likelihood of an upcoming rate cut before the next meeting.