Trump Urges Fed to Slash Rates NOW as Economic Fears Intensify

Former President Trump turns up the heat on the Federal Reserve as recession whispers grow louder.

Fed in the crosshairs

The political heavyweight demands immediate monetary easing - just as Wall Street starts sweating over inverted yield curves and slowing GDP. Sound familiar?

Market tremors ahead?

Traders eye the Fed's next move while Bitcoin maximalists smirk - because when fiat systems wobble, crypto's decentralized hedge starts looking real attractive.

Closing thought: Nothing stimulates economic confidence like a billionaire reality TV star telling central bankers how to do their jobs.

The Call for Fed Rate Cuts

For the past month, Trump has been vocal about his dissatisfaction with Powell, the Fed Chairman. He insists on reducing interest rates and frequently mentions this sentiment several times a week. In his latest statement, Trump criticized the Federal Reserve Board, asserting that the U.S. economy is bearing the burden due to delayed rate cuts. Amid persistent inflation, fears linger about the potential for no rate cut even in September if tariff rates are not reduced.

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Trump made a candid statement regarding the situation:

“The housing sector in our country lags because of Jerome ‘Too Late’ Powell’s refusal to lower interest rates. Families suffer due to high rates, and ‘Too Late’ is causing our nation to pay more than necessary. Our rates need to be three points lower, saving us a trillion dollars annually. This stubborn man at the Fed fails to understand—he never has, and never will. The Board must act, but they lack the courage!”

The BTC price has dropped to $117,860, raising concerns over the Fed’s independence as it appears under pressure, unsettling global markets.

In a related development, Trump made comments about a newly announced deal with Japan.

“Remember, for the first time, Japan is OPENING UP its MARKET to the U.S., including cars, SUVs, trucks, and more. An open market in Japan can be as profitable as tariffs, thanks to tariff power. They also agreed to buy billions in military and other equipment and give us 90% of $550 billion—and more! MAGA!!!”