Trump is furious that Fed won’t cut interest rates like ECB. Here’s why Powell won’t budge. - MarketWatch
1. ECB cut rates by 25 basis points, indicating more cuts ahead. 2. Trump criticized the Fed, urging aggressive rate cuts like the ECB's. 3. US economy grew 2.8%, contrasting with eurozone's 0.7% growth. 4. DXY's significant fall raises concerns about US asset appeal. 5. Tariffs may exert persistent upward pressure on US inflation.