📉 Powell blames Trump's tariffs 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 kept interest rates 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 a noticeable fluctuation in the cryptocurrency market with rising trade tensions between the US and China, and delaying interest rate cuts means continued pressure on liquidity and risk.
