Markets News

Trump lashes out at Powell again, as defense secretary says eliminating Khamenei is one of the goals of this operation!

Trump lashes out at Powell again, as defense secretary says eliminating Khamenei is one of the goals of this operation!

· Trump: Powell is a disgrace to the United States and should cut interest rates by 250 basis points. This news is bullish for the dollar. · Trump extends the grace period for the TikTok "sell or ban" bill by another 90 days. This news is positive for TikTok. · The Bank of England kept interest rates unchanged at 4.25%, with the voting ratio showing increased internal divisions. Traders expect the bank to cut rates by another 50 basis points this year. This news is bullish for the pound in the short term but bearish in the long term.

TOPONE Markets Analyst
2025-06-20 08:21:50
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