US President Trump says the economy is booming, with the private sector growing by over 5% due to business investment. Adds that inflation trends are looking good and that "All the smart money knows the HOTTEST Economy in the World is the U.S.A"

Trump's assertion of a booming US economy may bolster confidence in the USD, potentially influencing investor sentiment across equities and commodities.

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Fed's Barkin (2027 voter) says inflation is higher than our target but it doesn't seem to be accelerating just yet; unemployment has ticked up but not ticking out of control

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US President Trump says the economy is booming, with the private sector growing by over 5% due to business investment. Adds that inflation trends are looking good and that "All the smart money knows the HOTTEST Economy in the World is the U.S.A"

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Context

His comments on inflation could suggest a favorable outlook for growth, impacting market expectations, although it's important to gauge if there's underlying economic support for these claims.

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