REAL-TIME NEWS: Trump Aims for a Change in the Federal Reserve
Source: PANews
President Donald Trump is preparing to announce a new candidate for the Federal Reserve Board in the coming days — a move that could dramatically change U.S. monetary policy ahead of the next round of economic decisions.
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💼 Why It Matters:
The appointment of a new Fed member can significantly influence decisions on interest rates, inflation control, and economic stimulus. With concerns about a recession still in the air and rate cuts on the table, this development is crucial for traders.
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🚀 Impact on XRP and Crypto:
If Trump's candidate favors an accommodative approach (supporting rate cuts), markets could shift to a risk-on mode. This is bullish for assets like $XRP, which is already rising above $3.00, up 4.74% today.
A softer Fed could be the catalyst XRP needs to push even higher.
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📊 Final Outcome:
It's not just political theater — it could set the tone for the entire financial market in the coming months.
Keep an eye on who gets chosen… it could trigger the next crypto explosion.
