Trump Pushes 1% Rate Cuts as Crypto Markets Face Volatility
President Donald Trump’s visit to the Federal Reserve on July 16, 2025, has intensified concerns over the central bank’s policy independence and triggered uncertainty in global markets, particularly cryptocurrencies. The visit, occurring amid simultaneous trade negotiations with the European Union and Japan, highlighted escalating tensions between Trump and Fed Chair Jerome Powell. Trump has repeatedly criticized Powell and advocated for aggressive rate cuts—potentially as low as 1%—to stimulate economic growth. While legal protections shield Powell from direct dismissal, the symbolic confrontation has fueled speculation about the Fed chair’s future and the broader implications for monetary policy [1].
The interplay between…
