๐จ TODAY: President Trump urges the Fed to cut rates by a full percentage point after strong CPI data.
โCPI JUST OUT. GREAT NUMBERS! FED SHOULD LOWER ONE FULL POINT. WOULD PAY MUCH LESS INTEREST ON DEBT COMING DUE.โ
๐ With May CPI at 2.4%, below expectations, Trump is pushing for a dramatic shiftโimmediate rate relief.
๐ What this could mean for crypto & markets:
๐ Lower borrowing costs could turbocharge BTC, ETH, and other risk assets.
๐ Bond yields may dip, tending to boost equities and crypto.
๐งญ Market sentiment could pivot quickly if the Fed reacts.
๐ Upcoming to-watch:
Fedโs next policy meeting (June 17โ18): will they hold or defer?
Summer commentary from Powell โ will he push back?
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