US President Donald Trump has long been demanding cuts in interest rates determined by Federal Retain. The controversy between Fed Chairman Jerome Powell and Donald Trump about this is not hidden from anyone. Now once again Donald Trump has demanded Fed Fee Short, putting pressure on the Federal Reserve.
Trump again targeted Jerome Powell
This time Trump has written in a social media post, based on inflation figures that the fed should not delay in cutting interest rates after the inflation fee decreases. At the same time, Trump targeted Fed Chairman Geom Powell and wrote that, ‘Inflation is no longer a problem. Gas, grocery and energy prices are falling. Still Powell is waiting, what is the mistake ‘too late power’? ‘
After all, why Donald Trump is repeatedly pressurizing FED
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Tariff, This reaction of Donald Trump has come at a time when they are constantly defending their tariff policy. He has imposed 10% global tariffs on many countries and is threatening to impose high fees on certain goods. In such a situation, many Economists in the US have warned that the price may increase due to tariffs and the financial building may slow down.
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Interest rates cut in Europe and China, In addition to cutting interest rates by the Central Reserve Bank in Europe and China, many concessional policies have been adopted. In such a situation, Trump believes that America should also cut interest rates to bring stability in economic development.
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Trump’s inclination towards crypto: Donald Trump himself is deeply interested in the Crypto industry and before assuming the presidency in January 2025, he launched a Mimakoin named ‘Trump’, while his wife Melania Trump has also started his Cryptocurrency $ Melania. Trump hopes that the crypto market may boom due to low interest rates. Politics on this issue in America is also hot these days. Opposition parties consider it to be ‘conflict of interest’.
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Trump family’s crypto company benefits, Donald Trump’s sons Eric Trump and Donald Trump Jr. Bitcoin Mining Startup American Bitcoin started by will soon be listed in the New York Stock Exchange (NYSE). In such a situation, if the interest rates are cut, then the crypto market bounce American Bitcoin Can benefit
What will be the effect on Crypto Market
The statement made to Donald Trump’s Fed Fee Short may have a profound impact on risky investment media such as cryptocurrency and bitcoin. In such a situation, if the Federal Reserve cuts interest rates, then investors will have more capital, which can increase the risky investment in bitcoin, atherium and other cryptocurrency. From this Bitcoin And the prices of altcoins may rise.
Conclusion
This statement by Donald Trump has intensified the debate about US Financial Coverage. After the inflation rate is reduced, the pressure to reduce rates on Federal Retain is increasing. If this happens, the biggest advantage of this can be given to Crypto Marketplace. Bitcoin and other virtual properties can lead to new investment. In such a situation, the whole world will be eyeing the attitude of US Fed in the coming week.
