Trump again calls on the Fed chairman to cut interest rates
"Europe has cut the interest rate nine times," Trump said in a post on his Truth Social network
ECB is ready to proceed with a new interest rate cut
The ECB is expected to cut interest rates on Thursday by 25 basis points - A few days later the Fed will follow suit
The Bank of Japan raised interest rates shortly before the Fed’s decision
Both the Yen and stock prices were bumpy immediately after the decision to raise the interest rate to 0.25%