@krafton
🇺🇸 Trump Urges Fed to Cut Rates Amid Economic Slowdown
Donald Trump is calling out the Fed again:
🗣 “Oil prices are down, food prices are. There’s NO INFLATION. Yet rates are still too high!”
He blames (https://truthsocial.com/@realDonaldTrump/posts/114296287858068040) the Fed for being too slow — first with hikes, now with cuts — and warns the U.S. economy is “choking” while the Fed stalls.
💥 Meanwhile, the Fed is holding a closed-door meeting (https://www.federalreserve.gov/aboutthefed/boardmeetings/20250407closed.htm) today to possibly revise the discount rate (used for short-term loans to banks).
🔍 Market signals:
• 40% chance of an emergency fed rate cut next week
• 50% chance of a cut in May
Trump’s pressure adds fuel to the rate-cut speculation — will the Fed act or wait? Eyes on the outcome. 👀