JEROME POWELL - THE MAN ON MISSION
Tomorrow is FOMC meeting.
The Federal Reserve is unlikely to cut interest rates this week despite growing concern about the state of the U.S. economy and the impact of President Trump’s trade agenda.
Markets are expecting the Fed to maintain its pause on cuts, a move that would deprive them of stimulus following two weeks of sizable losses and that could incur the wrath of Trump.
Jerome Powell is showing unyielding resistance and aint dancing under Trumps music. This means more downfall is coming.
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