📊 $WLD
1.312 (+4.21%)
🤧😱 Trump is back at it — blasting Fed Chair Jerome Powell as “incompetent” for not cutting rates sooner. Says he’d slash them straight to 2% if not for “Too Late Powell.” Meanwhile… tariffs keep rising while he demands lower interest rates 🤯
Trump’s Criticism of Powell
⏳ Delayed Cuts: Powell is “too slow” on rate cuts, even with falling inflation 📉
🇪🇺 ECB Comparison: Trump highlights that Europe already cut, but the Fed hasn’t
🤔 Powell’s Competence: Calls Powell a “fool” with “no clue”… but says he likes him “very much”
Economic Impact of Tariffs
❓ Uncertainty: Powell says tariffs create massive uncertainty for Fed decisions
🚨 Risks: Prolonged tariffs = higher inflation, weaker growth, rising unemployment
Powell’s Response
🗽 Fed Independence: Reminds everyone the Fed is legally independent from the White House
👀 Wait & See: Sticking with a cautious approach until tariff impact is clearer
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