He should emphasise on caution, going slowly and being data dependent.

Trump shouldn't intervene with the Fed's job.

The more interventions there are, the more markets will realize they are ineffective.

There is a huge amount of uncertainty caused by the trade war among other factors.

Trade war, Brexit, political risks should not be only handled by monetary policy.

Trade war has been affecting businesses in a very negative way.

Services is still okay; manufacturing and business investment are not okay.

By counting heads, it looks like the Fed may cut by 25 bps in September.

But the Fed has to be wary, they are not equipped to deal with the next recession.

There is also a need to have insurance in keeping monetary policy ammunition.