Incredible twist! Trump blasts Powell for being ridiculously wrong, economic data hits back hard, truth explodes!
It has been proven that on inflation, interest rates, and Federal Reserve policy, Trump is ridiculously wrong, and Powell is right!
The latest data from the United States flips the table: the annualized GDP growth rate for the third quarter soars to 4.3%, far exceeding expectations, while inflation rises from 2.1% to 2.8%. Previously, Trump disregarded the improving economy, vehemently criticized Powell, pressured the Federal Reserve to cut short-term interest rates below 1%, and launched personal attacks in a media war. If he had succeeded, inflation would have soared, the economy would have overheated, and the Federal Reserve would have had no choice but to raise interest rates, ultimately leading to stagflation, a sluggish housing market, and suffering retirees!
This month, the Federal Reserve's interest rate cut is subject to political pressure, but in 2025, Trump's camp has not yet gained control of the Federal Reserve. Powell's term ends in May next year, and he is determined to nominate his own successor, even considering firing board members to strengthen control.
In 2025, Trump calls Powell a loser, and Vice President Vance echoes the blame on the Federal Reserve, but they are hit back by data: inflation still exceeds the 2% target, and the current annualized inflation is over 3%. When Trump claims inflation is zero, the bond market predicts five-year inflation at 2.5%; after he took office, gold rose over 70%, and silver doubled, all occurring during Powell's tenure!
Here, we break the misconception about interest rates: short-term rates are set by the Federal Reserve, while long-term rates reflect inflation expectations in the bond market. When the Federal Reserve cuts rates in 2024, it instead raises market concerns about inflation, with the yield on 10-year U.S. Treasury bonds rising to 4.19%, even higher than before the rate cut.
The outlook for 2026 is concerning, but there is no need to be overly pessimistic: Trump's net approval rating has fallen to negative 15%; some Republicans value the separation of powers, thwarting his attempts to replace independent officials; he dared to call for rate cuts in 2025, understanding that the Federal Reserve would not listen, and trying to take advantage of both sides. Once the Federal Reserve is filled with loyal MAGA supporters, this tactic won't work anymore!
Top-tier news, top-tier layout, the same opportunities, the same gains, keep up to reap the benefits, the strategy continues, it's better to grasp than to guess 聊天室 #比特币流动性 #巨鲸动向 $BTC $SOL $PIPPIN
