🚨 Market-moving rhetoric out of the U.S.
The statement calls for meaningful interest-rate cuts, criticizing current policy as being behind the curve. The pressure is aimed squarely at Jerome Powell and the Federal Reserve, arguing that policy is too tight given slowing growth signals.
Why this matters
Rates narrative: Renewed political pressure keeps rate-cut expectations alive, even if the Fed stresses independence.
Dollar & yields: Such comments often spark short-term volatility in the DXY and U.S. Treasury yields.
Risk assets: Equities and crypto tend to react positively to dovish talk, though follow-through depends on actual data and Fed guidance.
What to watch next
Inflation prints and labor data that could justify earlier or deeper cuts
Fed speakers’ tone in response to political pressure
Market-implied probabilities for the next FOMC meetings
Short-term noise can move markets, but policy decisions still hinge on data, not headlines.