TRUMP SLAMS POWELL AFTER SOFTER PPI DATADonald Trump attacked Fed Chair Jerome Powell on social media after August’s Producer Price Index unexpectedly fell 0.1% vs. a forecasted +0.3%.“Just out: No Inflation!!! Too late — must lower the RATE, BIG, right now. Powell is a total disaster,” Trump wrote.The drop was driven by weaker services prices, while goods edged higher. Year-over-year PPI eased to 2.6% from 3.1%.Despite the softer data, markets still expect the Fed to cut rates by only 25 bps at next week’s meeting. The CPI report is due Thursday.