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Trump Slams Fed Chair Powell, Signals Economic Policy Shifts Amid Crypto Market Watch

Trump Slams Fed Chair Powell, Signals Economic Policy Shifts Amid Crypto Market Watch

Published:
2025-05-08 11:35:02
20
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Former President Donald TRUMP intensified his criticism of Federal Reserve Chair Jerome Powell in a viral social media post, labeling him a "fool without a clue." The remarks underscore Trump’s broader push to reshape U.S. economic policy, including promises to curb inflation and reduce energy costs.

Market observers are parsing the rhetoric for potential impacts on crypto assets, which have frequently reacted to Trump’s pronouncements. The post reiterated Trump’s previous threats to replace Powell and alluded to an impending "Golden Age" for America—a phrase often tied to his pro-business, deregulatory agenda.

While no specific cryptocurrencies were mentioned, the broader crypto market remains sensitive to macroeconomic signals from U.S. policymakers. Traders are monitoring how political pressure on the Fed might influence monetary policy and risk asset flows.

|Square

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