Trump TORCHES Powell Over Job Numbers: “Too Late” Fed Chair Under Fire 🔥📉
ADP NUMBER OUT!!! ‘Too Late’ Powell must now LOWER THE RATE. He is unbelievable!!! Europe has lowered NINE TIMES!”
—President Trump, 📲 on Truth Social
The U.S
$USDC . jobs engine just hit a pothole—big time. The latest ADP report shows private employers added just 37,000 jobs in May—that’s a faceplant compared to the 110,000 expected 😬.
It’s the weakest reading since March 2023, and the timing? Brutal. The official BLS jobs report drops Friday, expected to show 125,000 new roles—but Trump’s already gone nuclear 🔥.
🏛️ Powell Gets a Presidential Rebuke 🤝➡️💥
After a tense White House sit-down this week, Trump reportedly told Fed Chair Jerome Powell he was “making a mistake by not lowering interest rates.”
Trump’s
$TRUMP angle? Powell is giving countries like China a competitive edge 💸🇨🇳 by keeping rates high.
Powell clapped back, with the Fed issuing a rare official comment:
📎 “Monetary policy must be guided by economic data, not politics.”
But Trump’s not buying it. He’s doubling down, blasting Powell as “Too Late”—his go-to nickname for the man he once appointed, now regularly roasts.
🧨 Threats, Walkbacks & Europe Envy 🇺🇸 vs 🇪🇺
Trump has hinted multiple times at firing Powell before his term ends in May 2026, despite legal hurdles. He walked it back in April—saying he had “no intention”—but the frustration? 🔥 Still raging.
His latest comparison? Europe, where the ECB is expected to cut rates again this Thursday—marking their eighth rate cut since June 2024. Inflation there is cooling, growth is dragging, and central bankers are acting—not “waiting.”
👉 Meanwhile, Powell’s Fed? Still stuck in “hold” mode. And Trump’s not having it.
🌍 Macro Mayhem Meets Political Pressure 🌀
With geopolitical tensions, tariff anxiety, and now labor market softness, global uncertainty is peaking—and Trump sees rate cuts as the rocket fuel needed to rev up the U.S. economy 🚀🇺🇸.
But Powell’s playing it slow and steady—not crypto-style fast moves—and that’s igniting a war of narratives that could shake markets ahead of the next Fed decision.
🔑 TL;DR:
Trump’s torching Powell over soft job numbers 🔥.
Europe’s cutting—Powell isn’t.
Markets are watching.
And 2025’s monetary chessboard just got way more interesting ♟️💥
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