Donald Trump Again Urges The Fed To Lower Rates Ahead FOMC Meeting

By: bitcoin ethereum news|2025/05/03 01:15:01
0
Share
copy
US President Donald Trump has again called on the Federal Reserve to cut interest rates ahead of the FOMC meeting, which will take place between May 6th and 7th. This comes as market participants remain uncertain about whether the Fed will decide to ease monetary policies following recent macro data pointing to a slowing economy. Donald Trump Urges The Fed To Lower Rates In a Truth Social post, Donald Trump stated that there is no inflation. As such, he urged Jerome Powell and the Fed to lower interest rates. He also noted that energy prices are down, mortgage rates are down, employment is strong, and “much more good news,” including the billions of dollars from tariffs, which support the calls for a rate cut. The president’s statement comes amid the latest release of the US jobs data, which showed that Nonfarm payrolls increased by 177,000 compared to market expectations of 133,000. This indicates that the labor market is strong, which would usually motivate the Fed to keep rates unchanged. However, other macro data have raised concerns about a recession or stagflation in the US economy. This includes the Q1 GDP data, which showed a slowdown in the economy just as Donald Trump warned. As CoinGape reported, the odds of a US recession this year have surged to new highs on the back of the GDP and PCE inflation data. It is also worth mentioning that Donald Trump’s latest call for lower interest rates comes just days before the May FOMC meeting, which is scheduled for the 6th and 7th. At the moment, traders bet there is a 98% chance that the Fed will keep rates unchanged following the FOMC meeting. However, there is optimism that the Fed will start cutting rates from June. Traders expect that there will be four Fed rate cuts this year, with the others coming in July, September, and December. ✓ Share: Boluwatife Adeyemi Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several topics and niches. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover, a traveler and a part-time degen. Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss. Source: https://coingape.com/donald-trump-again-urges-the-fed-to-lower-rates-ahead-fomc-meeting/

-- Price

--

You may also like

$10,000 in TRUMP Token vs. $10,000 in Nasdaq: The "Trump Trade" That Actually Worked in 2026

TRUMP Token lost more than 96% after its launch, while Nasdaq stocks and NVIDIA delivered strong gains. Compare what happened to a $10,000 investment and explore why asset fundamentals matter more than market hype.

Morning Report | Vitalik outlines Ethereum's long-term roadmap, Lean Ethereum will become the third major iteration; SK Hynix seeks to attract more AI investors by listing in the U.S

July 5 Market Important Events Overview

The impact of OUSD on Circle, Tether, and Paxos: not a single negative factor, but a more complex reshaping of competition

OUSD will not be the last new competitor; Circle needs to respond more actively in terms of products, distribution, and ecosystem collaboration.

Li Feifei's latest long article: When video generation, robots, and NVIDIA all claim to be world models, we need a taxonomy

Language gives machines a way to talk about the world. The world model is the means by which machines ultimately understand, imagine, reason, and interact with it.

Blaming the desolation of the cryptocurrency world on the rise of AI is a form of intellectual laziness

The emergence of giants signifies a mature business model. Although it will reduce speculative space, there is also enough room for error, allowing for the continuous emergence of new forces.

Strategy Founder: The Next 10 Years of Bitcoin

In the next decade, the biggest evolution of Bitcoin is precisely "responding to change with invariance." The four-year cycle is giving way to capital flows such as ETFs, corporate and sovereign reserves, and bank credit, while digital credit and digital currency will grow layer upon layer on top of...

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com