đ¨Â #TRUMP vs. POWELL: SHOWDOWN HEATS UP đ¨ - đĽÂ $TRUMP Launches Fresh Attack on Fed ChairđĽ
Minutes ago, Donald Trump doubled down on his criticism of Jerome Powell, dubbing him "Too Late Jerome" and declaring: "Powellâs termination canât come fast enough." Hereâs the breakdown:
đ° Why Trumpâs Furious
â˘Â Rate Cut Standoff: The ECB is prepping its 7th cut, while the Fed holds firmâtriggering Trumpâs wrath.
â˘Â Missed Opportunity? Trump claims Powell is "always late & wrong," ignoring falling oil prices, cooling inflation, and a tariff-boosted economy.
đŻ Trumpâs Demands
â Slash Rates NOW â Heâs demanding immediate cuts to "unlock" the economy.
â Powellâs Ouster â Says the Fed Chair shouldâve been "replaced long ago."
âď¸ Can Trump Fire Powell?
NO. Fed chairs are untouchable on policy disputes. Powellâs term runs until 2026, and heâs refused to resign under pressure ("No," he bluntly stated).
đ Market & Political Fallout
â˘Â Volatility Risk: Trumpâs attacks could rattle confidence in Fed independence.
â˘Â Inflation Wildcard: Powell warns Trumpâs tariffs may reignite inflationâcomplicating rate cuts.
đŽ Whatâs Next?
If Trump wins in November, Powellâs gone in 2026âand the Fedâs playbook could get a major rewrite.
â ď¸This clash isnât just noiseâitâs a preview of a high-stakes economic battle. Stay tuned.
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