Last Friday, Trump, dissatisfied with the "fake" employment data published by the Department of Labor, ordered the dismissal of the director of the Bureau of Labor Statistics, Erica, accusing her of manipulating data that exaggerates employment figures.
After this, the likelihood of a rate cut in September sharply increased to 89.1% ( after Powell's latest speech, this figure was less than 50%, for more details see "Powell breaks expectations regarding rate cuts, Ethereum sharply recovers").
Sometimes it has to be said that Trump, that sly old man, has a few aces up his sleeve: aren't you saying that the Federal Reserve System is independent?
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Last Friday, Trump, dissatisfied with the "fake" employment data published by the Department of Labor, ordered the dismissal of the director of the Bureau of Labor Statistics, Erica, accusing her of manipulating data that exaggerates employment figures.
After this, the likelihood of a rate cut in September sharply increased to 89.1% ( after Powell's latest speech, this figure was less than 50%, for more details see "Powell breaks expectations regarding rate cuts, Ethereum sharply recovers").
Sometimes it has to be said that Trump, that sly old man, has a few aces up his sleeve: aren't you saying that the Federal Reserve System is independent?