Fed's Kashkari sees first rate cut in September, two rate cuts this year

[quote=Trader#0EF5;15291921]{quote} However, to claim that this isn't the Fed's fault shows a clear lack of understanding on your part. The Fed and only the Fed has the control over the USD.

You want to blame Fed, but what will rate cut mean to the USD, it will also go down.

So the market is just look for scapegoating

USD is looking for a lifeline, but it won't get it from either the Fed or Trump. Both are determined to destroy the USD, so they can implement the system of maximum control with CBDC.

The longer the Fed has the control over the USD and as long as Trump is in office, the USD will continue to crash.

You can't blame the fed, this is all to do with Trump. He took an economy on sketchy footing and pushed it off a cliff.
He really needs to go. You can't trust him and logic and reason aren't his strong points.

USD had a chance to gain new footing a few days ago before congress and the president started attacking Powell.
Shows you that both the Democrats and Republicans will sabotage the country for their own agenda
Not a good look for outsiders.
What will Trump do today? Who wants to invest with that fear looming

Trump is either an idiot or he has a plan (along with the Fed, CBDC) for which reason he wants to destroy the USD as soon as possible.

However, to claim that this isn't the Fed's fault shows a clear lack of understanding on your part. The Fed and only the Fed has the control over the USD. The Fed is solely responsible for the inflation it created (purposely, they are not that stupid to not understand that printing trillions during the convid will cause a disaster). If they are this stupid, then they should be fired and if they did it purposely, they should be fired too. Trump or any president or congress can eat shit. They can't touch the Fed. The Fed is privately owned bank serving to those who own it. We can discuss who owns the Fed and what their agenda is... it's obvious that agenda is to crush the purchasing power of the USD which is exactly what they're doing.

If you know their plan is to destroy the USD, then you understand why they will never hike rates again and why they're having a wet dream about cutting rates, something Trump fully supports. They however, need something/someone to blame first before they continue destroying the USD. Some fuc'ing event to take place that will "force their hand" to continue cutting rates.

Dollar down means stocks up. As long as you haven’t been dumb enough to go long the dollar, which is in a completely obvious down trend, and we’re long stocks, you are Very happy. Both stocks up and dollar down have been ridiculously obvious trades for months. How is this complicated? Everything is great in the US.

Also look at a monthly chart, the dollar is nowhere near its lows. This move so far is nothing significant. Going back to 1.5 Euro would be significant.

It's gonna get there don't worry. Weak dollar with low earnings means stocks will crash, at best stagnate