Donald Trump recently emphasized the need for the Federal Reserve to lower interest rates due to US tariffs affecting the economy.
Trump's Call and Economic Impact
Trump's request to the Federal Reserve to lower rates reflects his historical stance on favoring monetary easing during economic challenges. The recent Fed meeting concluded with maintaining interest rates between 4-1/4 to 4-1/2 percent. Jerome Powell's speech confirmed increased economic uncertainty and the readiness to adjust monetary policy if new risks emerge.
Bitcoin's Resilience Amid Potential Easing
Currently, Bitcoin is trading at around $83,500, testing the $83,000 resistance level with moderate fluctuations. Experts view this resilience as consistent with past market trends following changes in economic policy.
Expert Analysis and Potential Outcomes
Analysts suggest that potential easing by the Federal Reserve could support asset prices, including cryptocurrencies, as investors seek yields. This development may hinge on the Fed's inflation and growth outlook, demanding cautious evaluation of policy adjustments.
Trump's statement highlights potential shifts in monetary policy amid global economic instability.
