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
Newsquawk Staff ·
- 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"
What it means
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. 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.
Sources
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