BREAKING: 🇺🇸 President Trump signals a major shift in Fed expectations, telling Reuters that “immediate rate cuts will be a requirement for the next Fed Chair.”

But here’s the bigger picture 👇

If the next Chair is chosen specifically for promising instant cuts, markets will start pricing the Fed as politically influenced — not data-driven.

And when credibility drops, term premiums usually rise, not fall.

Translation: Borrowing costs could stay elevated even with cuts on the table.

A headline with consequences. 📉📈

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