🚨 **BREAKING NEWS: US Federal Reserve** 🚨
President Trump has declared that **"immediate rate cuts is a requirement for the next Fed chair,"** according to a report from Reuters.
This statement intensifies the pressure on the selection process for the next leader of the U.S. central bank, signaling that the President is seeking a successor who will adopt an aggressively dovish monetary policy.
* **The Stipulation:** The President explicitly sets the expectation for the nominee to move swiftly on lowering interest rates.
* **The Context:**
This comes amid an ongoing debate about the pace of rate cuts, with the current Fed under pressure from the White House to further ease borrowing costs.
* **Market Impact:**
The comments are likely to fuel speculation and anxiety in the markets regarding the future independence of the Federal Reserve and the direction of U.S. monetary policy.
The term for the current Fed Chair, Jerome Powell, is set to expire next year, making the upcoming nomination a pivotal moment for the economy.
**What do you think this means for the housing market and inflation? Let us know in the comments! 👇** $BTC
