🚨 JUST IN: Trump signals he might reconsider firing Fed Chair Jerome Powell 🇺🇸💥
In a fiery post, Trump slammed Powell as a “total and complete moron” 😬 and hinted at walking back his earlier decision not to fire him. This comes amid rising political pressure on the Fed to cut rates before the election.
🧠 While legal experts say removing Powell without cause is unlikely, the message is clear: Trump wants dovish policy—fast. Fed Governor Waller (a Trump pick) already supports a rate cut as early as July. 📉
👀 Market angle: Expect increased volatility as Fed independence meets political fire.