DONALD TRUMP WARNS POWELL NOT TO CUT RATES BEFORE THE US ELECTION - FT
https://x.com/FirstSquawk/status/1813388854176649623
..Trump also said he will retain Powell as Fed boss
..Will Powell listen to him or can he stay impartial? Does he not know his tenure could hang in the balance if he does not listen?
..And if he does (listen), with the market factoring a 100% cut in Sept, that could be a disaster for the market that has all assumed a rate cut certainty.
..if Trump could get a market crash under Biden's watch, he would be able to absolve himself from blame and pin it on Biden.
..Trump absolutely hates a market crash under his watch. If it does not (crash) this year, it would be more likely to be in 2025.
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