Trump Attacks The Fed Again, Highlights Soaring US Debt Costs

President Donald Trump has once again launched a strong critique against the Federal Reserve, this time focusing on the skyrocketing costs of US government debt due to high interest rates. He stated that the Fed's interest rate policies have worsened the national fiscal burden, which now spends over $1 trillion per year just on interest payments. Trump views this as a direct threat to the stability of the US economy and blames the leadership of Jerome Powell.

From a market perspective, Trump's comments may reinforce negative sentiment towards the US fiscal outlook and add pressure on government bonds and the dollar. On the other hand, this criticism also strengthens the pro-crypto and gold narrative, as the high debt burden is often used as an argument for hedging against loose monetary policies. Investors will be watching to see if this criticism will influence Trump's economic agenda if he returns to the White House in 2025.#thefed