Trump calls on the Fed: lower the Interest Rate to 1%

[coin world] Trump has started to speak out against the Fed again, this time directly calling for the interest rate to be lowered to 1%.

You have to know that the current Fed interest rate is still above 4%, and dropping it to 1% all at once? That's not a small move. If that really happens, U.S. dollar liquidity will be significantly released, and risk assets including cryptocurrencies may welcome a wave of liquidity feast.

However, that being said, whether the Fed will listen to him is another matter. Powell has always emphasized independence, and it's not the first time Trump has exerted pressure. But the market is very sensitive to interest rate cut expectations, and just this statement alone is enough to trigger some volatility.

For the crypto market, a loose monetary environment usually means more funds will flow into risk assets. It is worth keeping an eye on the Fed's actual actions going forward.