That might be a little confusing if all you are working with is the president’s tweets. Last week the economy was roaring because of the president…great employment rate…record Dow…you know stuff like that. He managed to intimidate the Fed into lowering their benchmark rate. Bigly robust economy. And then?
Any weakness in the economy is directly related to a weakening confidence in the president’s tariff war. Not the Fed who really don’t have room to give ground in case there is a real crisis in our future…and then they won’t have the tools to remediate it.
I put more trust in the economists at the Fed that a president who can barely spell in his tweets and had gone bankrupt how many times in his business life?
btw: other central banks are most likely reactions to the recent change at the Fed.