Trump Criticizes Fed Chair Powell Over Delayed Rate Cuts as Inflation Cools

Former President Donald TRUMP escalated his attacks on Federal Reserve Chair Jerome Powell, labeling him a "numbskull" for resisting interest rate cuts. The critique came during remarks about rising U.S. debt servicing costs, with Trump suggesting he might "force something" regarding monetary policy.

Market conditions appear to support Trump''s push for easing. May''s CPI data showed cooler-than-expected inflation at 0.1% monthly growth, while Core CPI missed forecasts. The disinflationary trend strengthens the case for Fed rate cuts, which typically boost risk assets by lowering capital costs.

Crypto markets often benefit from loose monetary policy, as investors seek inflation hedges and higher-yielding alternatives to traditional assets. While no specific digital assets were mentioned in Trump''s remarks, the broader implications for liquidity conditions could impact the entire sector.