Donald Trump is calling for Federal Reserve Chair Jerome Powell to lower interest rates to accelerate economic recovery and growth in the housing market.
Trump's Appeal to Powell
Donald Trump has been vocally urging Federal Reserve Chair Jerome Powell to cut interest rates, emphasizing the importance of this action for economic recovery. "Let’s just get it finished and, even more importantly, LOWER INTEREST RATES!" Trump stated in his message on Truth Social in July 2025.
Impact on the Cryptocurrency Market
The call for interest rate cuts has sparked optimism in the cryptocurrency market. Assets like BTC and ETH may rally as U.S. yields decrease, driving investors to seek higher returns in crypto.
Outlook and Consequences
There are expectations that potential changes in the Fed's policy could increase liquidity in the cryptocurrency market. Historically, the Fed's interest rate decisions have significantly impacted market sentiment and asset flows, which may repeat in the current scenario.
Trump's appeal to Powell underscores a pressing question regarding the Fed's policy amidst the growing interest in cryptocurrencies and the economic situation in the country.