🚨 BREAKING: $TRUMP Fed Rate Clash Intensifies
The Federal Reserve has raised its benchmark rate to 3.75%–4.00%, marking its first rate hike since 2023. The decision was unanimous, while officials indicated another increase could still be possible later this year.
President Trump is calling for a much lower rate, saying U.S. rates should be 1% or less.
Trump also said he spoke with Fed Chair Kevin Warsh before the decision and urged him to vote with the board. Warsh ultimately supported the rate increase while emphasizing the Fed’s independence.
The policy divide is becoming clearer:
Trump: Wants significantly lower borrowing costs
Fed: Continues to focus on inflation
Warsh: Supported the hike while stressing Fed independence
Crypto is already showing volatility.
$ONE +19.37%
The bigger question now is how markets react if monetary policy remains tighter than expected.
#Binance #Crypto #BTC #Fed #interestrates #one #HYPEJumpsOver11%
The Federal Reserve has raised its benchmark rate to 3.75%–4.00%, marking its first rate hike since 2023. The decision was unanimous, while officials indicated another increase could still be possible later this year.
President Trump is calling for a much lower rate, saying U.S. rates should be 1% or less.
Trump also said he spoke with Fed Chair Kevin Warsh before the decision and urged him to vote with the board. Warsh ultimately supported the rate increase while emphasizing the Fed’s independence.
The policy divide is becoming clearer:
Trump: Wants significantly lower borrowing costs
Fed: Continues to focus on inflation
Warsh: Supported the hike while stressing Fed independence
Crypto is already showing volatility.
$ONE +19.37%
The bigger question now is how markets react if monetary policy remains tighter than expected.
#Binance #Crypto #BTC #Fed #interestrates #one #HYPEJumpsOver11%