List of Flash News about interest rate news
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2025-05-17 15:14 |
Trump Urges Fed Rate Cut: Potential Market Impact and Crypto Implications Revealed
According to The Kobeissi Letter, President Trump stated that 'the consensus of almost everybody is that the Fed should cut rates,' and reiterated his criticism of Fed Chair Powell as 'Too Late Powell.' This public call for lower interest rates signals growing pressure on the Federal Reserve to ease monetary policy. For traders, a rate cut could weaken the US dollar and boost risk assets—including Bitcoin, Ethereum, and other cryptocurrencies—by increasing liquidity and investor appetite for alternative assets. Market participants should monitor upcoming Fed statements and economic data for signs of a policy shift, as any confirmation of dovish action may trigger increased volatility and upward momentum in the crypto market (Source: The Kobeissi Letter, May 17, 2025). |