Tariff ceasefire, Fed tensions: What really drives the market?
The US and EU have completed their long-awaited 15% tariff deal, indicating the end of a long-term trade standoff, but a different kind of tension is unfolding back home. Today, Donald Trump is visiting the Federal Reserve, updating the pressure on Chairman Jerome Powell to dramatically cut.
This contrast is less sharp.
eogrom Global reconciliation with Europe
Domestic uncertainty in the Fed
Will Powell be fired?
Trump publicly criticised Powell and even suggested he would fire him, but the legal threshold for firing is high. Today’s visit is about applying political pressures rather than actual endings. Still, its meaning is real:
Powell’s resignation rattles the market and signals the loss of the Fed’s independence. If Powell resists, Trump could escalate public attacks, particularly to the election.
What it means for cryptography
The crypto market thrives with the story of interest rate reduction and the weakness of the dollar. This is the short-term outlook:
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Conclusion
As the US and the EU move towards trade peace, Trump’s showdown with the Fed could ignite new internal conflicts. For crypto traders, development today sets the tone for weeks ahead.
Are there any transactions on the horizon? Or is it a deeper division?
You’ll understand immediately.
$btc, $eth, $sol
