** Trump vs. Walmart and FED **

Trump urges Walmart to 'eat the tariffs' and wants Fed to cut rates 'sooner than later'.

President Donald Trump, fresh off a trip to the Middle East, renewed his criticism of Federal Reserve Chairman Jerome Powell on Saturday and called on Walmart to "eat the tariffs" rather than raise prices.

"Walmart should STOP trying to blame Tariffs as the reason for raising prices throughout the chain. Walmart made BILLIONS OF DOLLARS last year, far more than expected. Between Walmart and China they should, as is said, 'EAT THE TARIFFS,' and not charge valued customers ANYTHING. I’ll be watching, and so will your customers!!!," Trump said in a post on Truth Social.

Walmart (WMT) on Thursday warned that rising costs from tariffs could soon lead to higher prices for shoppers. The company was the latest to skip giving second-quarter profit guidance due to Trump's tariffs disrupting global trade.

Also on Saturday, Trump said the Federal Reserve should cut rates "sooner, rather than later," and continued to express his frustration with Powell

"Too Late Powell, a man legendary for being Too Late, will probably blow it again - But who knows???" Trump added.

....

Source: Yahoo Finance