🚨 Trump vs. Powell — Round 2 🚨
$WLD 1.325 (+4.9%)
Trump is back blasting Fed Chair Jerome Powell, calling him “incompetent” and blaming him for not cutting rates sooner. He even said rates should already be at 2% if it weren’t for “Too Late Powell.” 🤧😱
Here’s the breakdown:
Trump’s Criticism of Powell
📉 Says Powell was too slow on rate cuts despite falling inflation
🇪🇺 Points to the ECB, which already cut rates, while Powell hasn’t
🤔 Calls Powell a “fool” with “no clue”… but still says he likes him “very much”
Tariffs + Economic Fallout
📊 Powell argues Trump’s tariffs create uncertainty, making Fed policy harder
🚨 Warns tariffs could mean higher inflation, slower growth, and job losses
Powell’s Response
🗽 Stresses Fed’s independence — law says the White House can’t control them
⏳ Keeps a wait-and-see stance, watching tariffs’ impact on the economy
👉 The tension between politics & monetary policy is heating up. Tariffs + delayed cuts = serious market questions ahead.
What’s your take: Is Powell holding back too much, or is Trump pushing for chaos?
#TrumpNewTariffs #TrumpCryptoSupport #Markets #Write2Earn