#PowellRemarks Mr. Trump and Fed Chairman Jerome Powell had a discussion on monetary policy on April 4, not April 3. Here are the details ¹ ²:

- *Mr. Trump's viewpoint*: Mr. Trump believes this is the perfect time for the Fed to cut interest rates, as inflation is declining and energy and food prices are also falling. He urged Mr. Powell to "stop playing political games" and cut interest rates immediately.

- *Mr. Powell's viewpoint*: However, Mr. Powell believes it is still too early to adjust monetary policy. Mr. Powell emphasized that the Fed is facing an "extremely uncertain outlook" due to the tariffs announced by President Trump.

- *Impact on the market*: The market anticipates that the Fed will start lowering interest rates in June and reduce them by at least 1 percentage point by the end of the year. However, President Trump's tariff policy could potentially cause inflation to rise and slow down growth ¹.