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Trump Calls on Fed to Cut Interest Rates Immediately Amid Inflation Concerns
President Donald Trump has urged the Federal Reserve to immediately lower interest rates, attributing rising inflation to past monetary policies. He supports interest rate cuts along with proposed tariffs on imported goods as part of his broader economic strategy. Powell warns against early interest rate cuts Federal Reserve Chairman Jerome Powell expressed caution through his statements about the increasing inflation. He urged people to avoid early interest rate cuts as they could damage the economy. Powell stated that the Federal Reserve will wait until there is strong evidence of decreasing inflation before making any interest rate adjustments. The financial market has experienced instability due to different economic views. The price of Bitcoin dropped from $96,500 to $94,000 after the Consumer Price Index (CPI) report. This decline has led to significant losses for some investors. However, Bitcoin later recovered to $98,000, marking a 4.4% increase from the day's low. The options market reflects a bullish psychology Despite market fluctuations, options traders still maintain a bullish outlook on Bitcoin. Most favor call options, especially those expiring on February 14th. These contracts have strike prices ranging from $97,000 to $100,000, indicating confidence in Bitcoin's potential price increase. So far, Trump's impetus in implementing interest rate cuts along with import taxes continues to play a core strategy role of the government in addressing economic issues. Experts are uncertain about the effectiveness of these measures as they are still studying their potential results. Assessing the financial assets and interests of investors is appropriate to observe the dynamics of economic policy. Expected changes in financial and monetary approaches will control the movement patterns of various types of assets, including Bitcoin. Economic analysts closely monitor the current relationship between the White House and the Federal Reserve. DYOR! #Write2Earn! #CryptoLovePoems $BTC {spot}(BTCUSDT)