Trump Pressures the Fed: Wants Cheaper Money
— Donald Trump has once again criticized Fed Chair Jerome Powell, calling him a "fool" and demanding an urgent rate cut.
— The Fed keeps the key rate at 4.3%, despite the pressure.
— Trump believes that the rates are hindering the economy and his election plans.
— Powell responds: "The Fed is independent, rates are based on data, not someone's wishes."
Conclusion: If the Fed gives in — the dollar will fall, Bitcoin will soar.
