🔥 Former President Donald Trump is back in the economic spotlight — and this time, he’s setting his sights squarely on Federal Reserve Chair Jerome Powell. Speaking at the NATO summit in The Hague, Trump boldly declared he’s seeking a new Fed chief who’s fully committed to cutting interest rates fast and deep. 🏦✂️
🗣️ “If I think somebody’s going to keep the rates where they are… I’m going to put somebody that wants to cut rates. There are a lot of them out there.”
👊 The Trump–Powell feud is reaching new heights. Trump slammed Powell as a “stubborn mule” and a “stupid person,” escalating what’s been a long-brewing clash over monetary policy.
🧠 Trump’s Plan?
• Replace Powell before his term ends in May 2026
• Push for aggressive rate cuts — up to 2.5%
• Spark growth, no matter the inflation risks
🔍 Trump hinted that he already has “three or four names” lined up. While not confirmed, Kevin Warsh and Scott Bessent are being floated as potential candidates — both known for their dovish, market-friendly stances. 💬
📉 Immediate Market Reaction:
• Bloomberg Dollar Spot Index fell 0.2%
• USD weakened against global currencies 🌍💱
• Traders are already pricing in policy volatility if Trump regains the presidency
🧨 Meanwhile, Powell remains cautious, holding interest rates between 4.25%–4.5% and only hinting at a 0.5% cut by late 2025 — a stark contrast to Trump’s vision of a turbo-charged rate slash. 📊💼
📌 Trump’s message is loud and clear:
“Regardless, his [Powell’s] term ends shortly!”
🤔 What This Could Mean:
• A Trump win = major shake-up in Fed leadership
• Increased volatility in equities, bonds, and forex markets
• Possible short-term boost, long-term inflation risk 💹🔥
🎯 Bottom Line:
A new Fed era may be on the horizon. If Trump returns, expect fireworks at the Federal Reserve — and a radical shift in U.S. monetary policy. The money games are far from over. 💰📈
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