Oh no! Powell has delayed the interest rate cut again, Trump is likely to 'blow up' online shouting to replace him!
The news just came out from the Federal Reserve: Powell has postponed the interest rate decision again! As soon as this news dropped, many people had a prediction in their minds - Trump is very likely to 'fire' on social media, and might even shout to 'replace Powell'.
It is important to know that the 'remote game' between these two is no longer a new thing. Trump has always been hoping for the Federal Reserve to loosen monetary policy, especially when the crypto market and US stocks need liquidity; lowering interest rates can fuel the market; but Powell is more conservative, always focusing on inflation data and the economic fundamentals, and has postponed the interest rate cut plan several times.
Previously, when Powell postponed the interest rate cut, Trump would directly express his views online, either complaining that the policy 'slowed down the economy' or bluntly saying 'someone else should manage the Federal Reserve'. Now that the interest rate cut has been postponed again, given Trump's personality, he is very likely not to hold back - it won't be long before we see his post, where he will say that the delayed interest rate cut is a 'missed opportunity', while subtly indicating that Powell 'doesn't understand how to boost the market'.
For the crypto market, this might lead to 'tension' in the short term. After all, the market was previously looking forward to the liquidity brought by the interest rate cut, and now the expectations have fallen through; BTC and ETH might experience some emotional fluctuations; but in the long run, as long as the overall direction of the Federal Reserve's easing hasn't changed, it's just a matter of time, institutional funds' patience still exists, and the market won't completely turn because of one delay.
Next, let's see when Trump 'speaks out', and whether the market will experience fluctuations following this wave of 'policy expectation divergence' - anyway, the 'duel' between these two always adds some 'talking points' to the crypto circle. Do you think there will be an interest rate cut in September? Let's discuss in the comments #美联储取消创新活动监管计划