🥊 #TrumpVsPowell : Tension in U.S. Monetary Policy 🇺🇸💰
In April 2025, the relationship between President Donald Trump and Federal Reserve Chair Jerome Powell has reached a new level of tension. Trump has publicly expressed his desire to dismiss Powell, accusing him of not lowering interest rates in a context of moderate inflation.
Powell, for his part, defends the independence of the Federal Reserve and argues that monetary policy decisions should be based on economic data and not political pressures. The possibility of Powell's dismissal has raised concerns in financial markets and sparked debates about the legality and economic implications of such an action.
This confrontation could have significant repercussions on the global economy and the cryptocurrency market. Uncertainty about the direction of U.S. monetary policy could influence the volatility of digital assets like Bitcoin and Ethereum, as well as investors' perceptions of the country's economic stability.
The financial community and cryptocurrency enthusiasts are closely watching this situation, aware that decisions made in Washington can have far-reaching effects on global markets.
Sources: Business Insider, The Times, The Guardian (April 2025)