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Coin Telegraph

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Pomp: Trump deliberately crashed markets to get interest rates down

  • The Trump administration may be intentionally creating uncertainty in the stock markets to corner Federal Reserve chair Jerome Powell into lowering interest rates, according to market commentator Anthony Pompliano.
  • Pompliano believes that crashing asset prices will put pressure on Powell to cut interest rates, decreasing the likelihood of the U.S. needing to refinance its debt.
  • The recent market panic, driven by Trump's tariffs, has contributed to a more favorable bond market and a decline in the 10-year Treasury yield, supporting Trump's purported strategy.
  • As the stock market continues to decline, it becomes a contest between Trump and Powell to see who will make the first move.

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