Commerce Secretary Calls Out Powell 🔥
U.S. Commerce Secretary Howard Lutnick just took direct aim at Fed Chair Jerome Powell in a CNBC interview.
His core argument:
· Powell has over-hiked rates out of excessive caution.
· The U.S. economy is strong (4% GDP growth), yet policy remains restrictive.
· Under a potential second Trump term, growth could reach 6%.
Lutnick’s prescription:
Cut rates. Ramp up energy use.
Unleash growth.
Why this matters for crypto:
When high-level officials publicly push for easier policy,it pressures the Fed and fuels pro-growth sentiment.
That’s historically bullish for risk assets—including crypto.
Stay tuned. The policy debate is heating up. 🚀
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#Fed #Powell #InterestRates #Macro #Crypto #Economy #Trump