⭐ Merited by Don Pedro Dinero (2)
Let me first put the question to you: Is Trump right to pressure Jerome Powell to cut the Federal Funds Rate?
Trump! Trump!! Trump!!! Congratulations to those who voted for Trump as the 36th US president. But I continue to wonder why? This soul looks unspeakable, to be honest. Trump likes to control everything and likes everyone to bend the knee. If you prove too stubborn, you will either be sanctioned, tariffed or blackmailed. It's no news that Jerome Powell is now in the black book of Trump, simply because he refused to cut the interest rate. More pressure has been mounted in recent weeks, which includes verbal harassment, threats of replacement and blackmail. The recent blackmail is the lawsuit threatened regarding the Fed's building renovation, something Trump wouldn't have thought of if Powell had done his bidding. Mehn, Trump will always be Trump.
Now, I took my time to check the US inflation figure to judge if this pressure is worth it, and honestly, it is not, at least arguably not, except that Trump wants things done the way he likes, regardless of whether or not it follows the due process/economics. If at all, the uncertainty ignited by Trump's tariff war is a good reason to wait.
Again, from the U.S. Bureau of Labor Statistics, the US inflation rate looks upward to me, which was rekindled in March 2025. Is this te right time to cut the rate?
Also, below is the PPI released just yesterday for the month of August. The value was 0.7% higher than the forecast and 0.9% higher than the previous value.
Upon all these, Trump could say this:
https://www.forexfactory.com/news/1356454-us-president-trump-inflation-is-down-to-a
This can only be Trump!
Trump! Trump!! Trump!!! Congratulations to those who voted for Trump as the 36th US president. But I continue to wonder why? This soul looks unspeakable, to be honest. Trump likes to control everything and likes everyone to bend the knee. If you prove too stubborn, you will either be sanctioned, tariffed or blackmailed. It's no news that Jerome Powell is now in the black book of Trump, simply because he refused to cut the interest rate. More pressure has been mounted in recent weeks, which includes verbal harassment, threats of replacement and blackmail. The recent blackmail is the lawsuit threatened regarding the Fed's building renovation, something Trump wouldn't have thought of if Powell had done his bidding. Mehn, Trump will always be Trump.
Now, I took my time to check the US inflation figure to judge if this pressure is worth it, and honestly, it is not, at least arguably not, except that Trump wants things done the way he likes, regardless of whether or not it follows the due process/economics. If at all, the uncertainty ignited by Trump's tariff war is a good reason to wait.
Again, from the U.S. Bureau of Labor Statistics, the US inflation rate looks upward to me, which was rekindled in March 2025. Is this te right time to cut the rate?
Also, below is the PPI released just yesterday for the month of August. The value was 0.7% higher than the forecast and 0.9% higher than the previous value.
Upon all these, Trump could say this:
https://www.forexfactory.com/news/1356454-us-president-trump-inflation-is-down-to-a
This can only be Trump!