🏦 March 20th, Thursday at 2:00 AM marks the upcoming FOMC meeting, with the market expecting a 98% chance of no change 🧐
Fed Chair Powell believes that prematurely shifting to a loose monetary policy could trigger stagflation. However, Trump does not want the high interest rate environment to continue. On the contrary, low interest rates could encourage the return of American manufacturing, addressing the issue of industrial hollowing out. Additionally, factors such as government debt burden, U.S. economic growth, reduction of the treasury deficit, and increasing political leverage are all major reasons why Trump is pressuring the Fed to lower interest rates.
The positions of Trump and the Fed form a stark contrast, and this game of strategy will continue. Let's see what happens on March 20th at dawn.🔍
