Prepare for Trump's "Barrage" When the Fed Doesn't Cut Rates This Week

According to a report by Jinse Finance, citing Forexlive, the independent Federal Reserve is certain to keep interest rates unchanged this week. There is no doubt that the economy is weakening, but not to the extent that would force policymakers to overreact. Especially with price pressures (particularly personal consumption expenditures) still persisting. In this context, the potential impact of tariffs will certainly keep the Fed on alert. As it stands, the market has not priced in a rate cut for this week. Powell reiterated over the weekend that he has no intention of removing Powell, but note that he also took time over the weekend to write: "Without inflation, the Fed should lower rates!!" Therefore, if the Fed does not do so this week, we will see how sharp Trump's gaze will be on Powell. I do not rule out the possibility that Trump will once again fiercely criticize Powell for this decision, which will only bring us back to the merry-go-round.