President Donald Trump Just Threw the Fed Under the Bus Over Interest Rates (Again!), but He's Missing the Bigger Picture

President Trump renewed criticism of the FOMC for not cutting interest rates quickly enough, signaling political pressure for a faster easing path. The renewed focus on interest-rate timing increases uncertainty around the Fed’s reaction function and could influence rates expectations and equity/bond risk sentiment.

Analysis

President Trump renewed criticism of the FOMC for not cutting interest rates quickly enough, signaling political pressure for a faster easing path. The renewed focus on interest-rate timing increases uncertainty around the Fed’s reaction function and could influence rates expectations and equity/bond risk sentiment.