Former U.S. President Donald Trump once mentioned the goal of maintaining interest rates at 1%.
This statement was made by him aimed at achieving stable monetary policy to support effective economic growth.
MAIN CONTENT
Donald Trump emphasizes the importance of keeping interest rates at 1%.
What does Donald Trump say about maintaining interest rates at 1%?
This statement was made directly by Donald Trump, the former President of the United States, reflecting a deep understanding of the importance of stable monetary policy in economic development.
He believes that maintaining interest rates around 1% will help promote investment, limit borrowing costs, thereby stimulating economic activity and reducing pressure on businesses and consumers in the context of fluctuating financial markets.
"We need to keep interest rates under control; a rate of 1% is the ideal figure to maintain growth and control inflation."
Donald Trump, former President of the United States, spoke in July 2023 according to expert Jinshi.
Why is the 1% interest rate important for the U.S. economy?
Economists and market interest rates both confirm that a 1% interest rate facilitates low capital costs, stimulating consumer spending and business investment.
According to a report from the Federal Reserve of the United States (Fed) in 2023, maintaining interest rates around this level helps stabilize inflation while sustaining liquidity in the financial system and creating a favorable environment for job creation.
The impact of the statement about interest rates on the currency and cryptocurrency markets
Trump's statement somewhat influences investors' expectations regarding U.S. monetary policy, thereby impacting both traditional financial markets and cryptocurrencies.
The values of Bitcoin, Ethereum, and other Altcoins often react to interest rate fluctuations due to their impact on borrowing costs and market sentiment. When interest rates are low, interest in risky assets like cryptocurrencies tends to increase.
Frequently Asked Questions
When was Donald Trump's statement about interest rates announced?
The statement was recorded on July 18, 2023, through expert Jinshi.
How does the 1% interest rate affect the economy?
A 1% interest rate helps reduce borrowing costs, stimulates investment and consumption, supporting sustainable economic growth.
Who decides the policy of maintaining interest rates at 1%?
The Federal Reserve of the United States (Fed) is the agency responsible for adjusting and maintaining appropriate interest rate policy.
What impact does this statement have on the cryptocurrency market?
Low interest rates create a favorable environment for investors to access risky assets such as cryptocurrencies, increasing liquidity and market volatility.
How to monitor changes in interest rate policy in the United States?
One should monitor announcements and reports from the Federal Reserve of the United States along with related macroeconomic developments.
Source: https://tintucbitcoin.com/trump-de-xuat-lai-suat-tang-1/
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