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Donald Trump escalates feud with Fed chair Jerome Powell, calling him 'too late and wrong' on interest rates

1. Trump criticizes Powell, calling for his termination. 2. He advocates for interest rate cuts by the Fed. 3. Powell warns tariffs may lead to recession and inflation. 4. Oil and grocery prices are reportedly decreasing. 5. Trump feels the Fed should have acted sooner.

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FAQ

Why Bearish?

Trump's call for rate cuts may indicate economic distress, reminiscent of market downturns post-tariff announcements in 2018.

How important is it?

The commentary highlights federal monetary policy, which directly influences market conditions.

Why Short Term?

Immediate market reactions could occur as investors react to policy uncertainty and Fed comments.

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