Trump is out with the usual rant about Powell not cutting rates ...Middle East

It would take a shockingly-low CPI number to get those probabilities up but the report is tomorrow and we will see. Today the President jumped on the PPI numbers and called again for rate cuts. Of course, he was saying the same thing last month when PPI was +0.9% m/m.

Just out: No Inflation!!! “Too Late” must lower the RATE, BIG, right now. Powell is a total disaster, who doesn’t have a clue!!! President DJT

It was Trump who appointed Powell. I don't envy whoever will be appointed to replace him.

This article was written by Adam Button at investinglive.com.

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