The Fed cut rates by 25bp as expected, bringing them to 3.50%–3.75%. No surprises here—the market had already fully priced this in. But what's interesting is that the one and only @realDonaldTrump is going all out again, criticizing the cut as too small. He’s calling Powell rigid and saying the rate cut should’ve at least been doubled. Considering his recent frequent hints about Fed personnel changes, this feels more like laying the groundwork for a leadership shake-up. After all, he’s been complaining for so long, and it looks like the time for change has finally come. Let’s see if the next chair can bring another bull market.