US President Trump says the Democrat shutdown cost the US at least two points in GDP and that is why they are doing it, in mini form, again; reiterates criticisms against Fed Chair Powell and calls for lower interest rates
President Trump's comments target both the Democratic Party's perceived influence on economic performance and call for lower interest rates, directly challenging Fed Chair Powell.
Slovnaft and MOL Group announce that they can import Russian crude oil by sea in compliance with EU and US sanction if the Duzhba pipeline is out of operation
Iran plans to prepare a draft of potential nuclear agreement within 2-3 days for consultations with the US
US President Trump says the Democrat shutdown cost the US at least two points in GDP and that is why they are doing it, in mini form, again; reiterates criticisms against Fed Chair Powell and calls for lower interest rates
UK set to name ex-Amazon (AMZN) UK Chief Doug Gurr as permanent chair of the CMA, according to Sky News
Danone (BN FP) sees up to EUR 70mln hit from baby formula recalls, Bloomberg reports
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- Full Post: "The Democrat Shutdown cost the U.S.A. at least two points in GDP. That’s why they are doing it, in mini form, again. No Shutdowns! Also, LOWER INTEREST RATES. “Two Late” Powell is the WORST!!! President DJT"
This rhetoric could signal increased political pressure on the Fed, particularly if it escalates during upcoming meetings or economic reports. Traders should monitor potential implications for rate expectations and the broader market sentiment regarding monetary policy.
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