#TrumpVsPowell FED RATE DECISION THIS WEEK! POWELL VS TRUMP!
We are seeing a repeat of the 2016 Trump era which includes him harassing the Feds to cut rates faster 😂
[Jan 23 2025, 17:28:55 EST]: UPDATE 3-Trump demands Fed cut rates, claims better monetary policy understanding
(Market impact: Equity bulls and DXY bears)
BUT the macro economic back drop is a lot different now VS 2016. The Federal reserve still has to complete their job of bringing inflation down to the 2% target. This was highlighted in the final FOMC of 2024 in December.
[Dec 18 2024, 15:14:03 EST]: POWELL: FROM HERE IT'S A NEW PHASE, WE ARE GOING TO BE CAUTIOUS ABOUT FURTHER CUTS
(Market impact: Equity bears and DXY bulls)