No cup, no hike – just more economic pain and investors blame him on President Donald Trump. Meanwhile, while Crypto is blocking, a new piece of memes makes progress on the market.
The FED minutes of May minutes show that the rates remaining at 4.2% to 4.5%, reflecting discomfort below the surface. Inflation did not go nowhere, the labor market is always tight and the economy slows down just enough to make everyone nervous.
#Taco pic.twitter.com/zoihtkujd1
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(@ Tish573) May 28, 2025
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Donald Trump’s sinking with Jerome Powell this week
Trump brought the president of the FED on Thursday, Jerome Powell, in the west wing for their first face to face since January and has been in a hurry to reduce interest rates. Powell did not move.
According to the official reading of the Fed, decisions would be made “only on a prudent, objective and non -political analysis” – a not so subtle reminder of the independence of the Central Bank.
The White House did not dispute it. “Correct,” said spokesperson Karoline Leavitt, questioned about the official declaration of the Fed.
Critics do not waste time labeling Trump “Taco” – Trump is a few – the restoration of online posture but withdrawing face to face. The same charge was exceeded during its price confrontation with China, where difficult discussions are not following.
Trump told Powell that he was making a mistake. Powell gave Trump his statement to which Trump said, “The late Powell, you are right.”
End of discussions.
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Market and crypto reactions, time to invest in a new same?
At the May FOMC meeting, the Fed held the rates of 4.5%, Powell insisting that it is not necessary to start – for Yet. “”
We are comfortable with our political position, “he said, although he has recognized that the toolbox is always at hand if things change.
Analysts 99Bitcoins see current numbers as a mixed bag. Inflation is blocked at 2.6%, above the 2% comfort zone of the Fed. Unemployment slipped up to 4.2%. And GDP is down 0.3% in the first quarter.
In an interview, the former president of Dallas Fed, Robert Kaplan, said that the decline may not reflect a real slowdown, but it is enough to keep the soaked markets.
“The current Fed status is the right thing to do … It is wise to remain patient.”
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Explore: CEO of Tether Paolo Ardoino hopes that the positive net of the American elections, says that Bitcoin, the strategic reserve is an excellent idea: 99Bitcoins exclusive
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Main to remember
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No cup, no hike – just more economic pain and investors blame him on President Donald Trump.
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Critics have not lost time to label Trump “Taco” – Trump is a few.
Will the Fed position reduce rates in June? The fears of inflation trigger the rotation of the BTC to the new same appeared first on 99Bitcoins.




