List of Flash News about Trump vs Powell
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06:42 |
Trump vs Powell: Rate Cut Dispute Intensifies and Its Impact on Crypto Markets
According to @sentimenttrader, the ongoing conflict between Donald Trump and Federal Reserve Chair Jerome Powell is escalating, with Trump increasing public pressure for immediate interest rate cuts and even threatening Powell's position. While direct removal of Powell is highly unlikely due to institutional protections and potential damage to Fed credibility (source: @sentimenttrader), this political tension is creating market uncertainty. For cryptocurrency traders, heightened volatility in USD rates can lead to increased price swings in major digital assets like BTC and ETH, as investors often seek alternative stores of value during periods of monetary policy instability (source: Bloomberg). Crypto market participants should closely monitor Fed policy signals and political developments, as any shift in rate expectations could act as a catalyst for significant crypto price movement. |