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According to Odaily, U.S. President Donald Trump has stated that he has no intention of firing Federal Reserve Chairman Jerome Powell. Instead, he emphasized the need to lower the Federal Reserve's interest rates. Trump expressed a preference for long-term debt with low interest rates, noting that a 1% reduction in interest rates would lead to a corresponding decrease in payments. He highlighted the large amount of short-term debt currently held and reiterated his desire to reduce interest rates. #Donal Trump
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#Donal Trump
Trump's recent tariff policies have backfired, and the Bitcoin reserve plan, which had given this industry the long-awaited BTC milestone of $109,000, has faded as the market realized that Trump's policies are driven by politics, creating panic and fear in the cryptocurrency asset market.
This raises global concerns about the safety of cryptocurrency assets when integrating them into the mainstream financial sector, as discussed by an influential figure in the EU council. Let's delve deeper.
The European Central Bank warns that cryptocurrency market collapses often lead to financial crises that typically originate in the United States and spread globally. By supporting digital assets and the non-bank financial system, the U.S. government is accepting unnecessary risks that could destabilize the global economy.
Trump's recent tariff policies have backfired, and the Bitcoin reserve plan, which had given this industry the long-awaited BTC milestone of $109,000, has faded as the market realized that Trump's policies are driven by politics, creating panic and fear in the cryptocurrency asset market.
This raises global concerns about the safety of cryptocurrency assets when integrating them into the mainstream financial sector, as discussed by an influential figure in the EU council. Let's delve deeper.
The European Central Bank warns that cryptocurrency market collapses often lead to financial crises that typically originate in the United States and spread globally. By supporting digital assets and the non-bank financial system, the U.S. government is accepting unnecessary risks that could destabilize the global economy.
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