List of Flash News about Jerome Powell rate cuts
Time | Details |
---|---|
2025-05-19 15:31 |
Court Ruling Allows Trump to Fire Fed Chair Powell: Major Implications for Rate Cuts and Crypto Market Volatility
According to Crypto Rover, a new court ruling states that President Trump now has the authority to fire Federal Reserve Chair Jerome Powell. This decision increases expectations for imminent interest rate cuts, as discussed by Crypto Rover on May 19, 2025 (source: Twitter @rovercrc). For cryptocurrency traders, the prospect of rate cuts typically leads to increased liquidity and risk appetite, which historically boosts crypto asset prices and trading volumes. Market participants should closely monitor policy shifts and potential leadership changes at the Fed, as these developments could trigger significant volatility and trend shifts in Bitcoin, Ethereum, and altcoin markets. |