In a wild twist, $TRUMP
just fired the very person who gave him the ammo he needed to pressure Jerome Powell into cutting rates.
Yes, you read that right. Let’s break it down 👇
1. Ugly Jobs Report = Rate Cut Fuel
📉 Just 73,000 jobs added (vs. 100K+ expected)
📉 May & June numbers were quietly revised down by 258K
📉 Markets reacted fast — equities sold off, dollar dropped
It was the perfect setup for a September rate cut... until Trump stepped in.
2. Trump's Move? Completely Unexpected
🔥 Called the jobs data “fake”
🔥 Fired the Commissioner of the Bureau of Labor Statistics
🔥 Doubled down on Powell, saying he should be “put out to pasture”
The irony? The weak data supports his push for a cut. So why discredit it?
3. Immediate Fallout
🎯 Rate cut expectations spiked from 40% → over 80%
🎯 Some analysts are even pricing in a surprise 50bps cut
🎯 The Fed is now stuck between deteriorating data and political mayhem
Markets don’t know what to believe — and that’s dangerous.
4. Bigger Picture Concerns
🔺 The independence of economic data is now in question
🔺 Trust in the BLS and labor stats just took a major hit
🔺 The Fed is cornered — bad optics either way
🔺 Investors are now forced to price in both macro policy and political chaos
Welcome to the new normal — a Twilight Zone where markets must decode both charts and headlines.
The question isn't just “Will Powell cut?” anymore...
It’s “Can we even trust the data we’re trading on?”
Systemic crack forming? Or just another political sideshow?
Drop your take below 👇
Let’s hear what you think.
#MarketDump #RateCutDrama #TrumpVsPowell #ProjectCrypto #Write2Earn #Macroeconomics #FedWatch #TRUMP
$TRUMP