#TRUMP faces Powell at the White House!
Pressing for rate cuts that could shake the crypto market
President #DonaldTrump met at the White House with Jerome Powell, chairman of the Federal Reserve, in his first meeting since taking office, to push for a reduction in interest rates, according to press secretary Karoline Leavitt.
Trump directly expressed to #Powell that he considers it a mistake not to lower the rates, arguing that this puts the U.S. at an economic disadvantage against countries like China.
The #Fed that kept rates between 4.25% and 4.5% in its last meeting faces growing tensions over Trump’s tariff policies, which could increase inflation and slow down growth.
Powell reiterated that the Fed's decisions will be based solely on objective economic analysis, not on political pressures.
This confrontation generates speculation in the crypto community, as a rate cut could boost the adoption of digital assets like bitcoin by making credit cheaper and reducing the appeal of traditional bonds.
