The Federal Reserve (Fed) has decided to keep interest rates unchanged, which was anticipated. Attention now turns to Federal Reserve Chairman Jerome Powell's press conference.
Fed's Decision on Rates
The Fed has decided to maintain interest rates at their current level, which aligns with analyst expectations. This decision stems from a cautious approach aimed at preventing inflation amid market uncertainty.
Donald Trump's Comments
President Donald Trump, during his recent visit to the Fed, reiterated his call for lowering interest rates, criticizing the bank's current policy. "We have a man who refuses to lower interest rates. Maybe I should appoint myself to the Fed. I would do a better job than them," Trump stated. His public criticism of Fed Chair Jerome Powell has been ongoing for months, while the Fed maintains an independent stance and does not yield to political pressure.
Bitcoin's Reaction
Following the announcement of the rate decision, Bitcoin responded to market changes. Charts indicate short-term fluctuations in the value of the cryptocurrency in response to the news.
The Fed continues to maintain stability in its monetary policy, despite calls for rate cuts. Trump's position highlights current economic debates, while Bitcoin continues to show dynamics in the market.
