based on materials from the site - By Cryptocurrency Press
Donald Trump has urged the Federal Reserve to lower interest rates to around 1%, citing concerns about current financial policy. The former president expressed his position on Fox News' 'Sunday Morning Futures', sparking discussions about potential economic consequences.
A request to lower interest rates may lead to increased volatility in financial markets. Investors may react quickly, translating Trump's remarks into economic forecasts.
In his statement, Trump criticized Fed Chairman Jerome Powell for maintaining 'artificially high' rates, highlighting the vast economic differences between the U.S. and countries with lower rates. The Trump administration hinted at replacing Powell before the end of his term in 2026.
The possibility of replacing the Fed chairman has caused fluctuations in global bond markets. Trump's call for lower rates may resonate across various sectors, stimulating discussions on adjusting fiscal policy.
The financial implications include a potential reduction in U.S. debt servicing costs and changes in strategies of the Federal Reserve System. However, the market's reaction to Trump's criticism remains ambiguous, indicating potential economic uncertainty.
Cryptocurrency analysts suggest that a more accommodative monetary policy could positively impact BTC and ETH prices. Past events when rates were significantly lowered led to surges in these markets, demonstrating a correlation between Federal Reserve actions and digital currencies.
"We should be at 1% or 2%." — Donald Trump, former President of the United States, source
$BTC , $TON , $SUI
#MarketRebound #Сryptomarketnews
In this group, we strive to promptly inform readers about news updates (from over a dozen websites) concerning changes in the cryptocurrency market and financial markets. There is no intention to impose on any reader the correctness (or incorrectness) of the site's articles!
The information is relayed by us for the purpose of familiarizing readers with changes in the 'news agenda', and without claims to originality! Conclusions after reading this information will always be made independently by any reasonable person!!!
