President Trump Calls on Federal Reserve to Slash Interest Rates by 1%
In a bold economic statement, former U.S. President Donald J. Trump has called on the Federal Reserve to cut interest rates by a full percentage point. The statement, posted on his official social media account, has already sent ripples through the financial world.$BTC
“Cut rates by 1% now!” Trump declared, asserting that such a move would supercharge the U.S. economy, relieve pressure on debt-laden sectors, and trigger significant gains in the stock and crypto markets. With inflation gradually easing, Trump argued that aggressive monetary easing is necessary to maintain economic momentum and global competitiveness.
Financial markets reacted quickly. Major cryptocurrencies, including Bitcoin and Ethereum, spiked on the news, while U.S. stock futures showed early signs of a potential rally. Analysts are divided on whether the Fed will respond, but Trump’s comments are likely to increase speculation ahead of the next FOMC meeting.$XRP
As investor attention shifts, all eyes are now on the Fed's policy response.