The global political and economic situation continues to remain tense, recently a series of economic statements from Trump and well-known economic analyst Besent could significantly impact the cryptocurrency market and global financial markets. Below are their key economic views that may cause fluctuations in the market.
Trump's key statements regarding economic issues recently:
First, he directly criticized the policy of high interest rates by Federal Reserve Chairman Powell, asking: "Is there a need to maintain such high rates, or is it deliberately creating problems?"
Second, Trump clearly expressed his desire for a reduction in interest rates: "If the interest rate is reduced by 1%, the interest costs on government bonds will decrease significantly; if reduced by 2%, the savings will be even greater. I really want the cost of debt to be minimized."
Third, his attitude towards China seems friendly at first glance, but the position is complex: "I respect China, if we can reach an agreement, it will open a huge market for the USA."
