Trump’s Rate Cut Rant: Is Inflation Just a Myth? 🤔💸

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What to know:

  • President Donald Trump is back at it again, demanding the Federal Reserve (Fed) cut rates because, apparently, inflation is on vacation. 🏖️
  • His latest tariffs on China have sent the markets into a tailspin, with Nasdaq futures and bitcoin taking a nosedive. 📉
  • Trump has declared he won’t shake hands with China until they sort out the trade deficit. Talk about holding a grudge! 🙄

So, President Trump is once again shouting from the rooftops about Fed rate cuts, insisting there’s no inflation. I mean, who needs inflation when you have a Twitter account? 📱

In his latest Truth Social post (because where else would he post?), he exclaimed, “Oil prices are down, interest rates are down (hello, Fed, wake up!), food prices are down, there is NO INFLATION! And the long-suffering USA is raking in billions from those naughty countries with tariffs!” 💰

Last week, Trump slapped tariffs on several nations, raising the total on China to a whopping 54%. Naturally, this led to a market meltdown, with Nasdaq futures hitting rock bottom since January 2024. Bitcoin? Oh, it’s now under $75,000. What a time to be alive! 😱

With OPEC planning to boost production, the price of West Texas Intermediate (WTI) crude oil has plummeted by 16% to $60 in just four days. Who knew lower crude could be a thing? It’s like a disinflation party! 🎉

Trump’s obsession with Fed rate cuts aligns perfectly with the market’s expectations for five cuts this year. Because why not? Let’s just throw caution to the wind! 🌪️

In his Monday Truth Social ramble, he pointed out that China has been living the high life at the expense of the U.S. for decades. “The biggest abuser of them all, China, just raised its tariffs by 34%! They’ve made enough, for decades, taking advantage of the Good OL’ USA! Our past “leaders” are to blame for this mess. MAKE AMERICA GREAT AGAIN!” he declared. Classic Trump! 🎤

And just to keep the drama alive, over the weekend, he reiterated that he won’t make a deal with China until the trade deficit is fixed. Because who doesn’t love a good cliffhanger? 📺

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2025-04-07 14:41