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Trump Threatens to Ax Powell as September Rate Cut Hopes Crumble
Trump Threatens to Ax Powell as September Rate Cut Hopes Crumble
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Fed Chair Jerome Powell finds himself in the crosshairs as political pressure mounts—just as markets lose faith in a September rate cut.
Powell’s job security is suddenly on the chopping block, with Trump openly musing about replacing him. Meanwhile, traders slash bets on a September Fed pivot—because nothing says 'stable monetary policy' like mixing politics with central banking.
Here’s the kicker: Wall Street’s rate-cut dreams are fading faster than a meme coin’s bull run. The odds? Slim to none—and slim just left the building.
Bonus jab: Nothing unites politicians and traders quite like their shared talent for ignoring economic reality until it’s too late.
Federal Reserve Holds Rates Steady, Signals CautionOn July 30, 2025, the Fede... Read More
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