List of Flash News about Trump tariffs inflation
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2025-06-12 19:23 |
Janet Yellen Warns Trump Tariffs Could Push US Inflation to 3%: Crypto Market Implications
According to The Kobeissi Letter, Janet Yellen predicts that President Trump's proposed tariffs may drive US inflation to 3%, citing concerns over increased consumer prices (source: The Kobeissi Letter, June 12, 2025). For cryptocurrency traders, heightened inflation could accelerate demand for inflation-hedging assets like Bitcoin (BTC) and Ethereum (ETH), potentially leading to increased trading volumes and volatility in the crypto markets as investors seek alternatives to the US dollar. |