金先生聊MEME
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Bullish
The Federal Reserve has lowered interest rates again, and Trump strongly criticizes: "The reduction is too small!"
On December 10 local time, the Federal Reserve announced a 25 basis point cut, reducing the target range for the federal funds rate to 3.50%-3.75%. This is the third interest rate cut this year and the sixth since September 2024.
After the announcement of the rate cut, President Trump immediately expressed his opinion, stating, "The rate cut is too small; it could have been larger." He again criticized Federal Reserve Chairman Powell and reiterated that U.S. interest rates "should be the lowest in the world."
Trump has repeatedly publicly accused Powell of being too slow in reducing rates, even threatening to remove him from office, raising concerns about the independence of the Federal Reserve. Currently, the next nominee for Federal Reserve Chairman is being deliberated. Trump revealed that he will meet with one of the candidates, former Federal Reserve Governor Kevin Walsh, in the near future and emphasized that he needs "someone who is honest about interest rate issues."
On the same day, another popular candidate, National Economic Council Director Hassett, also stated that the Federal Reserve has ample room to cut rates further and may even cut by 50 basis points in the future.
It is reported that Trump is expected to decide on the nominee for Federal Reserve Chairman within one to two weeks. $BTC $ETH $ZEC #美联储降息
On December 10 local time, the Federal Reserve announced a 25 basis point cut, reducing the target range for the federal funds rate to 3.50%-3.75%. This is the third interest rate cut this year and the sixth since September 2024.
After the announcement of the rate cut, President Trump immediately expressed his opinion, stating, "The rate cut is too small; it could have been larger." He again criticized Federal Reserve Chairman Powell and reiterated that U.S. interest rates "should be the lowest in the world."
Trump has repeatedly publicly accused Powell of being too slow in reducing rates, even threatening to remove him from office, raising concerns about the independence of the Federal Reserve. Currently, the next nominee for Federal Reserve Chairman is being deliberated. Trump revealed that he will meet with one of the candidates, former Federal Reserve Governor Kevin Walsh, in the near future and emphasized that he needs "someone who is honest about interest rate issues."
On the same day, another popular candidate, National Economic Council Director Hassett, also stated that the Federal Reserve has ample room to cut rates further and may even cut by 50 basis points in the future.
It is reported that Trump is expected to decide on the nominee for Federal Reserve Chairman within one to two weeks. $BTC $ETH $ZEC #美联储降息
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