CryptoPhoenix
Powell's speech this time had basically no new content. He himself admitted that since the last FOMC meeting, economic data haven't changed much. However, there is a detail worth noting—he repeatedly mentioned the issue of rising unemployment rates.
As soon as he finished speaking, Trump shot back. The old man is clearly dissatisfied with the pace of rate cuts, directly criticizing Powell for being too conservative. According to Trump, the current rate cut amount is simply not enough; it needs to be doubled, for example, a one-time cut of 50 basis points.
Now it seems these two are completely
View OriginalAs soon as he finished speaking, Trump shot back. The old man is clearly dissatisfied with the pace of rate cuts, directly criticizing Powell for being too conservative. According to Trump, the current rate cut amount is simply not enough; it needs to be doubled, for example, a one-time cut of 50 basis points.
Now it seems these two are completely