Trump dey demand 3% Fed rate cut, crypto markets dey react

Former President Donald Trump don urge Federal Reserve make dem slash interest rates by 300 basis points from 5.5% go down to about 2.5%, e talk say Chair Jerome Powell dey too restrictive wit monetary policy. Analyst talk say if dem do am, e fit save around $870 billion every year on top di $29 trillion US debt—though real refinancing fit bring like $174 billion for di first year—plus risk say CPI inflation go pass 5% and housing market go blow. For crypto market, dis announcement make Bitcoin jump about 1% as traders dey think say borrowing cost go low, liquidity go increase, and risk appetite go come back. High Fed rates don cause money to shift go bonds and strong dollar before, wey make volatile assets slow and blockchain development slow too. Crypto traders suppose dey watch Fed announcements, inflation data and employment reports make dem fit predict how monetary policy go change. To reduce wahala from fluctuations around possible rate cuts, diversification plus long-term view fit help.