Here's the impact of Kevin Hassett's statement:
TRUMP
5.206
-1.28%
- The statement: Fed decides interest rate cuts, not the President
- What it means:
• The Federal Reserve remains independent
• Rate cuts depend on data, not political pressure
- Market implications:
• Markets love clarity, crypto loves it more
• Liquidity cycles still drive crypto markets
- What to expect:
• Rate cuts possible if inflation cools and data weakens
• Crypto reacts early to Fed easing.