Powell may have a hard time avoiding Trump's 'Too Late' label even as Fed chief does the right thing

Contributing sentiments towards policy:

41% : "If they're waiting for the labor market to confirm whether they should cut rates, by definition they're too late," said Joseph LaVorgna, chief economist at SMBC Nikko Securities and a senior economic advisor to Trump in his first term.
33% : Though Trump said the economy probably will be fine no matter what the Fed does, he has been badgering the central bank lately to cut rates, insisting that inflation has been slayed.
8% : In a Truth Social post after the Fed decision this week to keep rates unchanged, Trump declared that "Too Late' Jerome Powell is a FOOL, who doesn't have a clue."

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