#PowellRemarks According to TechFlow, U.S. President Trump has once again posted on social media "Mr. Too Late" Powell is the worst; he is truly an idiot who is causing the U.S. to lose millions of dollars. In your tweet (X), Trump also shared an article where the F.Mae and F.Mac regulators stated: Powell should cut interest rates or resign.
This conflict has persisted since Trump requested Fed Chair Powell to cut rates that, according to Trump, should reflect the excellent economic indicators of today. On the other hand, Powell maintains a cautious stance, concerned about the possible impact of inflation, partly due to the trade tariffs imposed by Trump. "We will never let ourselves be influenced by political pressure," Powell declared.
📢- How can this controversial conflict between Trump and Powell impact the financial world? This dynamic influences the markets and the global perception of monetary stability, creating an atmosphere of uncertainty in the markets. If Trump continues to pressure Powell and the Fed, a deeper conflict could arise between the Executive Power and the Central Bank, eroding U.S. monetary political confidence on a global scale!
📢 Impact on the Cryptocurrency Market:
✨️1)- Increase in Volatility: Cryptocurrencies are sensitive to changes in monetary policies. If interest rates were to be lowered, there could be a flow of capital into alternative Assets, including Cryptocurrencies, increasing their volatility and prices.!
✨️2)- Confidence in alternative assets: With greater pressure in this conflict, and with an expansive monetary policy, investors might seek refuge in Gold or Cryptocurrencies, instead of traditional assets.
