🚨 BREAKING UPDATE
Trump will NOT decide rate cuts — according to his Fed Chair nominee Kevin Hassett.
In simple terms:
👉 Interest rates are set by the Federal Reserve board, not the President.
👉 Trump’s views won’t directly control monetary policy.
This statement is turning heads, especially after Trump recently claimed he “should be listened to” on rate decisions.
Now markets are watching closely 👀
⚡ Will political pressure clash with Fed independence?
⚡ Could this tension impact future rate-cut expectations?
One thing is clear:
The power struggle narrative is growing — and markets are pricing the uncertainty.
#BreakingNews #FedWatch #interestrates #MacroUpdate
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