Associated Press reports that President Trump stated in an interview, "The US dollar interest rate should be lowered to 1%, and the next Federal Reserve Chair should consult him on interest rate policy issues."
The current US dollar interest rate is 3.64%, with plans to reduce it to around 3.5% in the future.
A decrease in US dollar interest rates will stimulate capital inflows into the market, causing asset prices to generally rise and driving up BTC prices.
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Associated Press reports that President Trump stated in an interview, "The US dollar interest rate should be lowered to 1%, and the next Federal Reserve Chair should consult him on interest rate policy issues."
The current US dollar interest rate is 3.64%, with plans to reduce it to around 3.5% in the future.
A decrease in US dollar interest rates will stimulate capital inflows into the market, causing asset prices to generally rise and driving up BTC prices.