Trump Pissed That Fed Only Cuts Rates 25 Basis Points, EU vs US Currency War Has Restarted?
- WallStForMainSt Streamed live 4 hours ago
Jason talks about today’s Fed meeting decision to cut rates a quarter point or 25 basis points and how President Trump is already pissed. Trump’s 2 Tweets about today’s Fed rate cut: https://twitter.com/realDonaldTrump/s…
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Earlier this week President Trump threatened the Fed again if he did not get his 50 basis point (2 quarter point rate cuts) today: Trump hits the Fed again, says ‘small rate cut’ this week is not enough https://www.cnbc.com/2019/07/29/trump…
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QT is also ending a month earlier than expected. It ended in August instead of September. The Fed PR about it ending 2 months earlier is incorrect. Articles about the Fed’s 25 basis point or quarter point Fed Funds rate cut today:
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1) Fed Lowers Interest Rates by Quarter Point, First Cut Since ‘08 https://www.investing.com/news/econom…
2) Powell Pivot Complete – Fed Cuts Rates For First Time In 11 Years, Faces Two Dissents https://www.zerohedge.com/news/2019-0…
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