StockNews.AI
DXY
Market Watch
124 days

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.

8m saved
Insight
Article

FAQ

Why Bearish?

DXY's decline amid ECB cuts suggests reduced investor confidence in USD.

How important is it?

The article highlights critical central bank actions impacting DXY and investor sentiment.

Why Short Term?

Immediate market reactions are expected as DXY reacts to both ECB and Fed policies.

Related Companies

Related News