$E-mini Nasdaq 100 - main 2506(NQmain)$ U.S. President Donald Trump called on Monday for "lower interest rates NOW," slamming Federal Reserve Chair Jerome Powell as "Mr. Too Late" and "a major loser." "'Preemptive Cuts' in Interest Rates are being called for by many," Trump wrote in a post on his Truth Social platform. "With Energy Costs way down, food prices (including Biden's egg disaster!) substantially lower, and most other 'things' trending down, there is virtually No Inflation. With these costs trending so nicely downward, just what I predicted they would do, there can almost be no inflation, but there can be a SLOWING of the economy unless Mr. Too Late, a major loser, lowers interest rates, NOW. Eur
If Trump Fires Powell, Will Market Collapse?
Powell rejected all hints at rate cuts on Wednesday. He emphasized that the Fed must ensure tariffs do not spark persistent inflation, stating that "more time is needed" to assess inflation trends. He also dismissed the idea of a Fed Put. On his social media platform Truth Social, Trump lashed out: "Powell is TOO LATE AND WRONG..…Powell’s termination cannot come fast enough!" Powell’s term as a Fed governor is set to last until February 2028. ------------- What Happens If Trump Fires Powell?
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