US President Trump says mortgage rates hit a 3-year low despite "Too Late" Powell; the Fed has been discredited during Chair Powell's reign

US President Trump says mortgage rates hit a 3-year low despite "Too Late" Powell; the Fed has been discredited during Chair Powell's reign.

President Trump's comments on mortgage rates hitting a three-year low, alongside his criticism of the Fed under Chair Powell, suggest a growing sentiment that monetary policy is misaligned with economic needs. This rhetoric can impact market expectations for future rate decisions, potentially increasing pressure on the Fed to act more decisively. Traders should watch for shifts in the USD, equities, and broader fixed income markets as investors reassess rate trajectories in light of these remarks.