Trump Hints at Fed Chair Powell’s Departure Amid Rate Cut Disagreement

U.S. President Donald TRUMP has suggested Federal Reserve Chair Jerome Powell may soon leave his position, citing disagreements over interest rate policy. During an interview in Scotland, Trump remarked, "You know he leaves very soon. So, it’s like one of those things. But I’ll miss him greatly." The comments follow Trump's repeated calls for rate cuts to boost market attractiveness, while Powell has maintained a cautious stance to avoid destabilizing the labor market.

The tension reflects broader market concerns, as unchanged rates continue to pressure the U.S. housing sector. Trump contrasted the Fed’s approach with Europe’s aggressive rate cuts, implying U.S. policy lags behind. cryptocurrency markets, particularly Bitcoin (BTC) and Ethereum (ETH), often react to macroeconomic uncertainty, though none were directly mentioned in Trump’s remarks.