Trump Challenges Fed’s 2% Inflation Target Amid Global Central Bank Contrasts

Former President Donald TRUMP has reignited his criticism of the Federal Reserve, calling its longstanding 2% inflation target "too low and too rigid." The remarks, delivered via social media, underscore his persistent adversarial stance toward the central bank—a contrast to global leaders like Russia's Vladimir Putin, who publicly defends his central bank's aggressive 18% interest rate policy despite domestic backlash.

Trump's latest broadside accuses the Fed of neglecting money supply dynamics while dismissing institutional norms. The Fed's July minutes revealed near-unanimous support for holding rates steady at 4.25%-4.50%, with only two dissenting votes favoring cuts to address labor market softening. This policy divergence occurs as cryptocurrency markets watch for macroeconomic signals that could influence Bitcoin and other digital assets.