《Navarro Joins the Fed's Blame Game! Trump Sets New Rate Cut Target: 300 Points! Nvidia Hits New High!》

At 11 PM, President Trump posted: "The Federal Reserve's interest rate is at least 3 basis points too high. 'Mr. Too Late' is causing the U.S. to lose $360 billion in refinancing costs for every basis point increase each year."

White House Trade Advisor Navarro tweeted 13 times today, stating that Federal Reserve Chairman Powell's stubbornness is costing the U.S. economy billions of dollars. He believes the Fed should cut rates in July, or there will be severe consequences.

Tonight, the Fed will announce the minutes from the June meeting at 2:00 PM Eastern Time (3:00 AM Tokyo Time on Thursday).

Today, Nvidia (NVDA.O) saw its stock rise by as much as 2.5%, pushing its price to $163, a new all-time high. Its market capitalization has exceeded $4 trillion, making it the first company in history to surpass a market value of $4 trillion.

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