Trump Pressures Powell for Rate Cuts as Fed Holds Line 💸
Trump calls for immediate rate cuts to 1%, Fed keeps rates steady at 3.50%-3.75%, citing risks of inflation due to Iran oil shock.
- Key Points:
- Fed signals one rate cut in 2026, stagflation risks
- Trump criticizes Powell, calls for rate cuts to 1% as oil prices surge to $110
- Crypto markets: Bitcoin below $70,000, Ethereum loses steam
#Fed #Trump #Inflation #Crypto #Stagflation
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