Trump Attack Fed Boss Powell Wey Hold Interest Rate, Talk Say Him Wan Put 10% Tax On Import Amid Rising Global Trade Wahala
Former US President Donald Trump don yarn bad bad things again about Fed Chairman Jerome Powell after di central bank no change interest rates for three months straight, call Powell 'slow and no work'. At di same time, Trump bring one new 10% minimum import tariff on countries wey get trade agreement with US, with even higher rates for countries wey get plenty trade surplus, say na to protect US interests and fight inflation. Him point to di recent US-UK trade deal, maintain 10% US tariff on UK goods while UK reduce tariffs on US products. While UK leaders say dem happy, analysts warn say di agreement small and hard to copy with bigger partners. Trump insist say him trade and money policies dey bring down costs and increase money from tariffs. All these things - politicians eye Fed policy well well and global trade wahala plenty - fit make people speculate for financial markets, affect USD money, risk feeling, and finally affect how much cryptocurrency dey worth, as traders respond to how US economy and trade dey change.
Neutral
Di news don bring extra wahala for Federal Reserve about how dem go handle interest rate, and e add more confusion for trade with di announcement of new US tariffs. Even though dis tin fit make market shakier and affect how dollar cash dey flow, e no clear how e go directly affect crypto prices, and e depend on if di wahala go worse or dem go change policy. Traders fit expect some kain indirect effects, like how pipo feel about risk changing or money flowing into crypto as a way to protect demseves, but no enough clear details to say if market go boom or fall. Di market overall reaction fit just siddon one place for now until Fed change dia policy or di trade wahala too much.