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Trump's upset again, and this time he really can't wait even a moment.
Just now, this guy unleashed another tirade at the Federal Reserve: Stop holding those committee meetings to discuss rate cuts, hurry up, immediately, right now, cut rates for me!
Old Trump posted on his own turf and gave Powell a new nickname straight up—"Serial Latecomer" Jerome. His logic is straightforward and brutal: current interest rates are basically torturing everyday people's mortgages, and if we keep this up stubbornly, geopolitical conflicts won't get resolved and our economy will suffocate under high rates first.
The current situation is pretty interesting—on one side, Trump is spitting and pushing for monetary expansion, on the other side, Powell is playing it cool. The Fed's meeting is next week, but by the looks of it, they'll probably "hold steady." After all, inflation hasn't cooled down yet, oil prices are nearly breaking through the $100 mark, and if Trump gets his way and we blindly cut rates now, prices are probably going to skyrocket.
It's like one guy is eager to step on the gas pedal while another is keeping his foot firmly on the brake. The key thing is Powell's term ends in May, and Trump has already lined up his successor. This isn't even about economics anymore—this is clearly "coercion" mode activated in advance.
Bond traders right now are probably numb: inflation still isn't under control, unemployment is ticking up, and the big shots are bickering long-distance. I've seen this episode before, and the ones who always get hurt are us waiting to catch the falling knife on rate cuts.
$BTC #美联储降息