Donald Trump fiercely criticizes Federal Reserve Chairman Jerome Powell, claiming high interest rates are damaging the U.S. economy. Trump demands radical rate cuts and is prepared to take extreme measures.
FED Faces Pressure: Trump Demands Big Cuts
Trump is not asking for small cuts. He wants the FED to slash interest rates by 2.5%. This is significantly more than the 0.5-point cut hinted at by the FED by the end of 2025. Trump is clear: if Powell won’t cut, he wants him gone.
The Idea of a Shadow FED Chair Shakes Markets
Trump is considering an unprecedented move. He wants to name a 'shadow' FED chair, leading to two voices in monetary policy. Markets fear confusion, while some experts call it a 'terrible idea'.
Trump’s Next Moves: The Search for a New FED Chair
Trump is done waiting. He wants a FED chair who will align with his fiscal plans and low-rate goals. He argues that high rates punish the middle class and hurt the economy.
As the conflict between Trump and Powell escalates, the future of the FED’s interest rate policy remains uncertain. Regulators and investors are watching closely, as any changes could significantly impact the economy and financial markets, including cryptocurrency assets.
