Trump Pressures Fed for Rate Cuts Spooking Crypto and Gold Markets
In July 2025, the U.S. Federal Reserve found itself under unusual pressure from President Donald Trump, who publicly pushed for interest rate cuts as part of his broader tariff policy agenda. This marked a notable departure from the typically independent stance the Fed maintains in monetary policy decisions. Federal Reserve Chair Jerome Powell faced direct executive engagement, raising concerns about the potential politicization of central banking and the implications for financial markets [1]. The situation has intensified debates over the Fed’s independence and sparked volatility in both traditional and digital asset markets.
The pressure on the Fed has been particularly impactful in the crypto space, where Bitcoin and Ethereum both…
