- Trump calls for immediate rate cuts.
- Market volatility and decline in global confidence observed.
- Bitcoin price surges amid concerns over central bank independence.
US President Donald Trump urged Federal Reserve Chairman Jerome Powell on April 21, 2025, to lower interest rates immediately, as reported by PANews.
This call to action has intensified scrutiny on the Fed’s independence and led to pronounced market volatility, including a drop in the S&P 500 index.
Trump has once again focused attention on the Federal Reserve’s interest rate policy.
His statements demand swift cuts in rates and underscore dissatisfaction with Powell’s cautious approach. Trump’s latest criticism aligns with a history of public disagreements with Fed leadership. Investors are increasingly worried about potential political influences on fiscal policy. This concern has translated into a downturn in global confidence, affecting both equity markets and the strength of the U.S. dollar.
with the S&P 500 declining by over 3%. The U.S. dollar incurred a two-year low, reflecting investor hesitation. While Jerome Powell remained restrained in his public comments, he consistently emphasized a watchful stance on economic conditions.
“With these costs trending so nicely downward, just what I predicted they would do, there can almost be no inflation, but there can be a SLOWING of the economy unless Mr. Too Late, a major loser, lowers interest rates, NOW.” — Donald Trump
Bitcoin Surges Amid Central Bank Independence Concerns
Did you know? In September 2024, a pre-election rate cut marked the Fed’s latest action in such conditions, reflecting ongoing pressure during political cycles.
Bitcoin (BTC) is trading at $94,133.94 with a market cap of $1.87 trillion and a 24-hour trading volume of $59.35 billion, according to CoinMarketCap. The coin has experienced a 6.31% price increase in the last 24 hours and a 12.56% rise over the past week.
Analysts from Coincu highlight that historical trends suggest uncertainty around central bank independence can drive increased interest in decentralized assets such as Bitcoin. Tracking these dynamics could reveal shifts in market sentiment and potential inflows into decentralized finance solutions.
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