And what if the rates drop? Today it depends more on the Fed than on Trump... Last year many banks went bankrupt, I believe they are already in recession.
Planeta Azúl
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The inevitable deflationary crash that is about to hit the United States and the world 🌍
What Donald Trump and Elon Musk initiated in the United States, accompanied by the incendiary speech of Jerome Powell, who has been negatively impacting the economy for three years, is about to deepen an economic crisis that has already manifested itself in the crypto market 💹. This crisis has been characterized by an abrupt and sustained drop in the prices of all altcoins. The announcements that Jerome Powell will make in the coming hours will very likely sink the economy even further. There is no reason for Powell to change the **inflationary** narrative (i.e., the tendency for prices to rise across the board), and interest rate cuts will only spread panic in the markets.
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