Federal Reserve news

US President Trump says latest inflation numbers mean that Fed Chair Powell should cut rates meaningfully; if he doesn't he will just continue to be "TOO LATE!"

Newsquawk Staff ·

Full post: Inflation numbers for the USA. That means that Jerome “Too Late” Powell should cut interest rates, MEANINGFULLY!!! If he doesn’t he will just continue to be, “TOO LATE!” ALSO OUT, GREAT GROWTH NUMBERS. Thank you MISTER TARIFF! President DJT

What it means

Trump's comments suggest a hawkish shift in expectations for Fed policy, emphasizing the need for substantial rate cuts in light of recent inflation data. This could pressure Powell to act, as his inaction might conflict with market anticipations and Trump's rhetoric, potentially impacting USD strength and fixed income dynamics. Watch for market reactions across asset classes as this narrative develops.

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