BREAKING:
President Trump just launched his strongest attack yet on Fed Chair Jerome Powell, saying “growth doesn’t mean inflation” and arguing that the U.S. economy should easily be expanding at 3–4%, but instead is stuck with a “dead-head, stiff Fed Chair.”
Trump also slammed the latest rate cut as too small, saying it should have been twice as large.
Why it matters:
Trump is openly pushing the Fed to cut rates more aggressively — a move that could mean cheaper liquidity, faster moves in risk assets, and a sharper reaction in crypto.
Markets now have to factor in the possibility of deeper rate cuts and even a potential change in Fed leadership, turning political pressure into real influence over global monetary policy.
