US President Donald Trump criticized Fed Chair Jerome Powell in an interview with Politico during the European trading session on Tuesday for not lowering interest rates, calling him "not a smart guy." Trump also discussed the current status of ceasefire talks with Russia and Ukraine.
Additional Statements
Will make support for an immediate interest rate cut a litmus test in selecting a new Fed chair (well, of course).
Ukraine hasn't held elections in a long time.
Russia undoubtedly has a stronger position.
On Ukraine: Europe isn't handling it well.
European countries are 'rotting,' their leaders are 'weak.'
Trump denies promising a bailout for Hungary.
Trump may make tariff changes to lower some prices.
Trump refuses to rule out the possibility of troops in Venezuela.
Could expand military anti-drug operations to Mexico and Colombia. (alg)
Source: FXstreet
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