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Quotes from friends, thank you for the lovely sharing.
He is pursuing an approach focused on low interest rates with the goal of economic growth by 2026. Following the Fed's January 28th meeting, Trump's criticisms and the process of appointing a new Fed chairman (expected announcement in early February) have been highlighted. Trump demands rapid and deep interest rate cuts from the Fed; he considers the current 3.50%-3.75% range "high" and advocates for "the world's lowest interest rates." Candidates for the new Fed chairman (Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick) are being considered. He also proposed a temporary 10% cap on credit card interest rates. Statements questioning the Fed's independence and the Justice Department's investigation into the Fed (allegations of office restructuring) have also attracted attention. The Fed's resistance, while maintaining institutional independence, is testing Trump's "hot economy" vision (aggressive growth, deregulation). Trump is positioning the Fed as a growth tool, entering 2026 aggressively.
#FedKeepsRatesUnchanged
#CryptoMarketWatch