🇺🇸 TRUMP: Interest Rates Should Drop to 1% to Save $1 Trillion a Year 💥
Former President Donald Trump has called for the Federal Reserve to slash interest rates to just 1%, arguing it would save the U.S. government around $1 trillion annually in debt interest payments 💰.
He didn’t hold back on Fed Chair Jerome Powell, calling him “one of my worst picks” 😤 and blaming the Fed’s high-rate policy for “hurting a lot of people.”
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🔍 What It Means
Cutting rates to 1% would significantly reduce borrowing costs for both the government and the public
Could fuel economic growth, encourage risk-on investing, and drive up crypto and tech markets 🚀
But it might also bring back inflation worries 🔥 — a major concern for markets
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📊 Impact on Crypto
Lower rates = easier money = more capital flowing into Bitcoin, Ethereum, and altcoins 💸
Institutions could return to crypto sooner if they expect easier monetary policy
With Trump backing looser policy and a potential Fed pivot, it’s double bullish for digital assets
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📈 Market Outlook
If Trump wins and pushes for rate cuts, expect changes starting in 2025
Crypto could enter a major bull cycle fueled by easier money and political support
In the short term, though, the Fed still holds the reins, and Powell isn’t signaling a pivot yet 🧊
Bottom Line: Trump’s call for lower rates is bullish for markets like crypto — but it may clash with inflation control efforts. Watch both the Fed’s stance and the upcoming election closely. 🧠📉📈
$BTC 118,232.73 (-1.54%)
$ETH 3,593.46 (+0.02%)
$XRP 3.4661 (-3.55%)
