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Fed Chair Powell Says Trump Policies to Blame for Lack of Rate Cuts

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by COINS NEWS 34 Views

Fed Chair Powell Says Trump Policies to Blame for Lack of Rate Cuts

Key Points:

  • Federal Reserve chair Jerome Powell said Tuesday he would have likely lowered interest rates in 2025 already if President Donald Trump hadn't pursued his volatile tariff agenda.
  • Trump has been aggressively lobbying Powell to cut interest rates for months without success.
  • Bitcoin's price was mostly unaffected by the statement, though the coin routinely rises and falls on interest rate-related news.
submitted by /u/CriticalCobraz
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