Here’s a clean, fluent rephrased version:
🇺🇸 Trump strikes again: Powell’s rate cut is far too small! “U.S. interest rates should be the lowest in the world.”
The Fed cut rates by 0.25% on the 10th, triggering an immediate rebound in U.S. stocks — but Trump was unimpressed. In a White House interview, he blasted the decision:
“A 0.25% cut is nothing — it should have been at least 0.5%!”
He accused Fed Chair Jerome Powell of being “rigid and narrow-minded,” claiming Powell is holding back U.S. economic growth and asking:
“Why suppress growth with high rates when the economy is doing well?”
Current Policy Rates:
🇺🇸 U.S.: 3.50%–3.75%
🇪🇺 ECB: 2%
🇬🇧 BOE: 4%
Trump argues U.S. rates should be cut to the lowest in the world.
💢 Trump hints again at replacing Powell
Powell’s term as Fed Chair ends next May, though he remains a governor until 2028. Trump said he has already interviewed candidates for the next chair, including former governor Kevin Warsh, and may announce the pick soon or early next year.
Throughout this year, Trump has repeatedly threatened to fire Powell — almost becoming a daily routine in his second term.
🏦 Powell responds: My goal is to leave the economy in the best possible condition
At the press conference, Powell declined to comment on whether he would step down as governor, but stressed:
⭕️ He hopes to hand over the Fed when the economy is stable
⭕️ Inflation is moving toward the 2% target
⭕️ The labor market remains strong
#CryptoMarketRebound #FedResumesRateCuts #CryptoMarketWatch
