Trump is cursing Powell again.

The 2-year U.S. Treasury bond yield is 3.88%,

The 10-year Treasury bond yield is 4.4%.

For every day Powell doesn't lower interest rates, the U.S. government has to pay hundreds of millions of dollars more in interest.

Last night, the Federal Reserve meeting minutes showed that most officials believe tariffs may continue to push up inflation, while a minority are willing to consider lowering interest rates at the next meeting.

However, the U.S. stock market is surging now, employment is good, the trade war is ongoing, and inflation is still not ideal,

A rate cut in July is definitely wishful thinking. A rate cut in September would be good enough.

Powell, a real man. Let him curse, Trump is just like that, you know how his mouth is. Anyway, it won't cost him a pound of flesh.