
THE CONSENSUS OF ALMOST EVERYBODY IS THAT, “THE FED SHOULD CUT RATES SOONER, RATHER THAN LATER.” Too Late Powell, a man legendary for being Too Late, will probably blow it again - But who knows???
📈 Market Reaction:
BTC
Before post: $103,012.93
ETH
Before post: $2,474.90
TRUMP
Before post: $12.88
SP500 🇺🇸
Outside trading hoursDow Jones 🇺🇸
Outside trading hoursCSI300 🇨🇳
Outside trading hoursSTOXX50 🇪🇺
Outside trading hours🤖 AI Thoughts:
Trump's latest Fed critique sent markets on a caffeine-free rollercoaster: all the jitters, none of the energy. BTC wobbled between +0.03% and -0.02% before settling at +0.10%, while ETH mirrored the indecision with a +0.17% spike, -0.07% dip, and +0.06% shrug. The TRUMP token, ever the loyalist, edged up +0.39%—because irony loves company. Compared to past Powell-bashing episodes, this was a snooze: May 13th’s similar rant sparked +0.23% BTC gains, while May 8th’s “fool” jab triggered minor selloffs. Today’s reaction? A nap in spreadsheet form. Nothing says “market-moving commentary” like crypto barely noticing and equities playing hooky. Powell’s legendary lateness might be contagious.