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Will Trump’s Fed Rate Cut Plan Boost Crypto? Peter Schiff Says No.
Will Trump’s Fed Rate Cut Plan Boost Crypto? Peter Schiff Says No.
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BTCCSquare news:
U.S. President Donald Trump is pressuring Federal Reserve Chair Jerome Powell to slash interest rates from 4.25%-4.50% to 1%, arguing it would stimulate economic growth and unlock crypto investment opportunities. Gold advocate Peter Schiff counters the narrative, dismissing any bullish crypto implications from potential monetary easing.
The proposed rate cuts—unprecedented in scale for the current economic climate—would mark a dramatic departure from the Fed's inflation-fighting posture. Market observers remain divided on whether such aggressive easing would drive capital into risk assets like Bitcoin or simply reflect broader macroeconomic instability.
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