Commenting on FOMC Chairman Powell’s prepared remarks at the Jackson Hole Symposium, “As usual, the Fed did nothing! It is incredible that they can “speak” without knowing or asking what I am doing, which will be announced shortly,” US President Donald said.
“We have a very strong dollar and a very weak Fed. I will work “brilliantly” with both, and the US will do great,” Trump tweeted out and questioned: “Who is our bigger enemy, Jay Powell or Chairman Xi?”
The US Dollar Index seems to be extending its daily slide on these remarks and was last down 0.2% on the day at 98.
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