@Huma Finance 🟣
🇺🇸 The Fed is ready to lower the rate — according to Trump
A few days ago, there was a meeting with Jerome Powell. Donald Trump stated that the Fed plans to reduce the interest rate, as "the economy is doing well".
He also added:
- Most trade agreements will be concluded by August 1
- The US is close to an agreement with China
- There is a chance for a deal with the EU
What could this mean?
Probably, the pressure on the regulator had an effect — the Fed will go for policy easing, which will positively impact both the markets and crypto.
All details will be revealed next Wednesday — July 30 😉
An interesting time for positions...