List of Flash News about tariff money
Time | Details |
---|---|
2025-05-08 10:40 |
Trump Criticizes Fed's Steady Rates: Crypto Traders Eye Potential Dollar Impact After Powell Decision
According to The Kobeissi Letter, President Trump sharply criticized Jerome Powell as a 'fool' after the Federal Reserve decided to keep interest rates unchanged, emphasizing that there is 'virtually no inflation' and highlighting 'tariff money pouring into the US' (source: The Kobeissi Letter, May 8, 2025). For cryptocurrency traders, this public clash over interest rates signals potential volatility in the US dollar, which could drive increased crypto market volume as investors seek alternative assets to hedge against policy uncertainty. Monitoring USD strength and Bitcoin price correlations is recommended in the near term. |