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๐จ Trump fiercely attacks Jerome Powell! ๐บ๐ธ๐ฅ
In a fiery statement, Trump described Federal Reserve Chairman โJerome Powellโ as an โobstinate foolโ and demanded an immediate interest rate cut, even going further to say:
โIf he continues to refuse, the board must take control and do what everyone knows must be done!โ ๐ณ
๐ป This attack reflects the rising political tension surrounding interest rate decisions in America and could pave the way for major shifts in monetary policy, especially with the increasing pressure from Trump.
๐ฏ Markets are now watching:
โข Will the Federal Reserve yield and start cutting interest rates?
โข Or will we witness a political escalation that could shake confidence in the independence of the central bank?
๐ Any weakness in the Federal Reserve or political intervention could weaken the dollar... and open the door for the rise of gold and Bitcoin!
โ๏ธ My personal opinion:
Trump's statements are not just anger... but could be part of a larger plan to pressure the Federal Reserve before the elections. If the market starts to feel the weakness of the Federal Reserve's independence, we may witness sharp fluctuations in the coming months.
The question for you:
Do you think Trump's statements will force the Federal Reserve to cut interest rates?
๐ Yes, it might pressure them to lower the interest rates
โค๏ธ Maybe it will have an effect, but in a limited way
๐ No, the Federal Reserve is independent and will not be politically affected
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