JUST IN: 🇺🇸 Former President Trump takes aim at Fed Chair Jerome Powell:
“Too Little, Too Late. Jerome 'Too Late' Powell is a disaster. DROP THE RATE! The good news is that Tariffs are bringing Billions of Dollars into the USA!”
The comment adds fuel to the already growing political pressure on the Federal Reserve ahead of key interest rate decisions.
With inflation cooling but growth slowing, Trump’s message is clear: he wants aggressive rate cuts — and he’s not holding back on the messaging.
Why it matters:
Political pressure on the Fed is ramping up ahead of the 2025 election
Markets are already pricing potential cuts — this adds momentum to that narrative
Expect continued volatility in USD, treasuries, and risk-on assets like crypto
If the Fed responds — even slightly — to this kind of heat, the ripple effects will be global.
The rate war just got personal.