【Financial Warfare Escalates】Trump Slams the Federal Reserve: Powell's Failure to Cut Rates is 'Betraying the Country'!
The Federal Reserve stubbornly maintains high interest rates, and Trump is firing on all cylinders! Unemployment rate at 4.2%, over 100,000 layoffs in April, consumer confidence plummeting to 54.4, and alarms are ringing for the U.S. economy!
In three late-night posts, Trump angrily states: Inflation has decreased, high tariffs are effective, yet Powell is 'turning a blind eye to the economic slowdown'.
Powell responds firmly: Recklessly cutting rates could lead to stagflation, and the Federal Reserve remains on hold — interest rates are maintained at 4.25%-4.50%.
Market turbulence + Political turmoil: A double storm is approaching!
• Dow Jones plunges 1.3%, bond market anticipates continued wait-and-see from the June FOMC
• Congress hints at brewing impeachment intervention rhetoric, and rumors even suggest the White House is 'considering a change in leadership'!
Critical countdown: The June 11-12 FOMC meeting is a life-and-death line
If employment and inflation continue to weaken, the pressure to cut rates could completely break the Federal Reserve's defenses. If the confidence index falls below 50 again, the market will enter risk-averse mode.
Central Bank Independence vs Presidential Intervention? Before the 2024 election, the interest rate battle may become a super flashpoint!
#美联储FOMC会议
