📉 Powell blames Trump's tariff policies for the failure to lower interest rates!
In a clear statement, Federal Reserve Chairman Jerome Powell confirmed that Trump's trade policies, especially the tariffs, hinder efforts to reduce inflation and keep the economy in a fragile and unstable state.
The Fed held interest rates steady at 4.25%–4.5% for the third time, amid concerns about the impact of tariffs on prices and supply chains.
Digital markets are affected:
There is noticeable volatility in the cryptocurrency market as trade tensions between the U.S. and China escalate, and the delay in lowering interest rates means continued pressure on liquidity and risk.
