#TrumpVsPowell Trump: If the Fed doesn’t cut rates — it’s the end of the world
Donald Trump made another public appearance yesterday and, true to form, stirred up the markets. Here are the key takeaways from his latest remarks:
• “I don’t want to fire Powell, but he must cut the rate.”
• “We’ll have a deal with China. Not 145% tariffs, but not 0% either.”
• “We’re no longer pressuring China — I support them, and our relationship is polite.”
• “In the end, China will be satisfied.”
• “Europe tried to take advantage of us — that won’t happen again.”
• “The stock market went up — as expected.”
Markets responded positively, interpreting Trump’s tone as one leaning toward peace and compromise. Traders, however, are waiting for the usual follow-up: stories about billionaire friends who somehow made a few hundred million from these ‘unexpected’ announcements.
