Trump criticizes Federal Reserve for rate hikes, breaking with tradition

After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.

• Aug 26, 2024Interest rates: US dollar sinks as traders position for rate cuts by the Federal Reserve+0.7%
• Jun 20, 2019Federal Reserve's quick pivot to easier policy started with a Trump tweet on trade-1.1%
• Jun 2, 2019The Australian dollar is grinding higher as expectations for rate cuts from the US Federal Reserve build-0.8%
• Feb 1, 2023Federal Reserve raises key interest rate 0.25%, signals more hikes likely+1.1%
• Dec 13, 2023With rate hikes likely done, Fed turns to timing of cuts | Reuters-1.0%