Another Day at the Fed, Another Speech by the US President on Cryptocurrency and Monetary Policy
In the context of heated debates about interest rates, President Donald Trump did not hesitate to criticize Jerome Powell, the head of the Federal Reserve, for maintaining interest rates and its negative impact on the US economy.
Fed Policy and Its Impact on the Cryptocurrency Market
A few hours before the official announcement from the Fed, Trump publicly criticized maintaining interest rates, seeing it as a cause of unnecessary financial pressure. This raises questions about the role of monetary policy in the cryptocurrency world, where investors often view interest rates as a major factor affecting digital asset prices.
Interest rates between 4.25% and 4.50% are currently the ceiling in the Fed's target. Experts predict that the next rate cut will be about a month away, in September. This makes cryptocurrency investors pay more attention, as this policy shapes the global capital flow trend.
Trump Criticizes Fed's Decision and Its Impact on the Cryptocurrency Market
The US President believes that the Fed's hesitation is causing significant losses to the economy. He emphasized that keeping interest rates high causes hundreds of billions of dollars in damage, and reducing interest rates could help minimize these losses.
In the context of unclear monetary policies, cryptocurrencies – such as BTC and other altcoins – have experienced strong fluctuations, reflecting market anxiety about interest rates and inflation. Some analysts suggest that the Fed's policy could drive flows into uncontrolled assets like cryptocurrencies to hedge against risks.
Causes and Reactions from Political Circles and Cryptocurrency Investors
In the press conference, Trump also mentioned the possibility of managing the Fed himself, saying he would do better than current officials. He seems to view Powell's policy decisions as an obstacle to the development of the digital economy.
Meanwhile, analysts believe that the decision to maintain interest rates affects not only financial policy but also directly impacts the global cryptocurrency market. Especially in a context where economies like Europe have had multiple consecutive rate cuts, competition with the Fed's policy becomes increasingly intense.
The Future of Monetary Policy and Cryptocurrency Based on Fed Decisions
The Fed's policy not only guides national financial strategy but also significantly influences global capital flow, including the cryptocurrency market. With the possibility of high or reduced interest rates in the coming month, investors need to closely monitor US monetary trends to determine appropriate moves in the digital market.
The latest information about the Fed's policy will be a decisive factor in the direction of top cryptocurrencies like BTC and ETH. These developments are also a measure of stability and development potential for the digital economy in the coming time.
