#PowellRemarks 🚨ATTENTION🚨
#PowellRemarks 🚨ATTENTION🚨
💥⚠️THE BATTLE between Trump and Powell:
🗣Trump 20 minutes ago: Federal Reserve Chairman, Powell, always comes "late" in cutting interest rates, "Cut the interest rates, Jerome, and stop playing politics!"
🗣Powell in statements: "It seems that we do not need to rush" regarding interest rate cuts. "It's too early" to determine the appropriate monetary policy path."
👉Trump is implementing TARIFFS, weakening the ECONOMY and STOCKS to pressure the FED to cut interest rates. DANGEROUS if unsuccessful
What does the market think⁉️
▪️Futures contracts on interest rates are currently seeing FOUR CONSECUTIVE CUTS (June, July, September, and October)
▪️The probability of a cut in May has SOARED from 21% yesterday to the current 46%
▪️Although investors are predicting more rate cuts, Powell says he is willing to wait.
What else did Powell say⁉️
▪️"Higher than expected tariffs risk causing higher inflation and slower growth"
▪️"The Fed is well prepared to 'wait for more clarity'"
▪️"Tariffs could have long-term effects on inflation"
▪️"We need to ensure that the price increases do not lead to prolonged inflation."
📍Trump wants lower interest rates to make refinancing $9T of debt due this year less costly
📍Additionally, this helps him WEAKEN THE DOLLAR and achieve a more competitive goal globally
📍Powell's stance DOES NOT align with Trump's demands, POSSIBLY for POLITICAL reasons
Is Trump right to pressure the FED and Powell in this way.
$BTC