U.S. President Donald Trump took to Truth Social to criticize Federal Reserve Chairman Jerome Powell.
Trump's Statement on the Fed
In his post, Trump expressed dissatisfaction with the Fed's actions and approach to interest rates. This highlights his long-standing criticism of Powell and the need for a more aggressive monetary approach.
Market Expectations and Potential Rate Cut
Trump's comments align with market expectations, which predict a rate cut at the upcoming FOMC meeting on September 16-17, 2025. Weak employment data and cooling economic indicators have strengthened forecasts for a 0.25% cut.
Impact on the Crypto Market
Lower interest rates often lead to increased liquidity and cheaper borrowing, which can stimulate demand for speculative assets like Bitcoin and altcoins. If the Fed decides to lower rates, it may support a bullish trend in the crypto market.
Trump's statements highlight the interplay between politics and monetary policy affecting crypto markets. Traders should brace for increased volatility surrounding the Fed's September meeting.
