President Trump is once again putting pressure on the Federal Reserve after the central bank raised its benchmark interest rate by 25 basis points to 3.75%–4%.
Trump says U.S. interest rates should be brought down to 1% or even lower, arguing that the country has the strongest credit position in the world.
He also criticized the Fed’s decision-making process, calling the board “very hostile” and “very political.”
For crypto traders, the key point is simple: Fed policy can strongly influence liquidity and risk appetite. Keep an eye on BTC, ETH and major altcoins as markets react to future rate decisions.
ONEUSDT: +63.53%
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