Trump's response:
"this is Biden's fault"
For now, his plan is to lower rates at all costs.
And he certainly has the attention of the FED.
-Inflation falling.
-Interest rates dropping
-NEGATIVE GDP!!
-Stock market falling.
Next week we will have a decision on interest rates with a +90% chance of maintaining the rates.
Next week we will hear firsthand if Powell intends to lower the rates due to this new data!