๐บ๐ธ๐ฅ ๐๐ง๐ช๐ข๐ฅ ๐๐๐ ๐๐จ ๐ผ๐๐ข ๐๐ฉ ๐๐๐ ๐พ๐๐๐๐ง ๐๐ค๐ฌ๐๐ก๐ก โ ๐ฝ๐๐ ๐๐๐ฉ๐ ๐พ๐ช๐ฉ๐จ ๐ผ๐๐๐๐? ๐๐ธ
Former U.S. President Donald Trump is once again shaking up the financial world โ this time with direct shots at Federal Reserve Chair Jerome Powell.
๐ Speaking at the NATO Summit in The Hague, Trump revealed he's actively scouting a new Fed chief whoโs fully aligned with aggressive rate cuts.
๐ฃ๏ธ โIf someone wants to keep rates high, Iโll replace them. Plenty out there want cuts.โ
๐ฅ He didn't hold back โ calling Powell a โstubborn muleโ and a โstupid personโ. Trump claims he has โthree or four namesโ lined up to potentially replace Powell, aiming for a 2.5% rate reduction โ a move that could send shockwaves through the global economy. ๐๐
๐ Market reactions were swift. The Bloomberg Dollar Spot Index fell 0.2% as the USD slipped against major currencies following Trumpโs remarks.
๐ Powell, whose term runs until May 2026, remains cautious โ keeping rates between 4.25%โ4.5% and signaling only a 0.5% cut by late 2025. Trumpโs strategy is far more aggressive โ and could redefine U.S. monetary policy.
๐ Potential replacements being floated include Kevin Warsh and Scott Bessent, though nothing is confirmed yet.
๐ Trumpโs message is loud and clear:
โPowellโs time is nearly up.โ
โ ๏ธ Is a new Fed era on the horizon? Will Trumpโs rate-cut vision reshape global finance?
Stay tuned โ the money games are far from over. ๐ฐ๐ฅ
#TrumpVsPowel l #FederalReserve #InterestRates #WCT #Bitcoin
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