Breaking
Trump Tells “Too Late” Powell to Cut Rates — Bitcoin Investors Watch as Real Estate Struggles
- 24h Volume$11.96B
- 24h Low / High$82,286 / $83,529
- Long/Short1.61
- Funding Rate+0.0009%
Data provided by COINOTAG DATA
COINOTAG News reports that on August 20th President Trump used his Truth Social account to urge Jerome Powell and the Federal Reserve to consider cutting interest rates, criticizing the timing of recent policy moves and describing them as “Too Late.” This statement was framed as a policy critique rather than an empirical analysis.
In his post he asserted that current policy has strained the real estate industry and limited access to mortgages, a position presented as his assessment. These comments were delivered as political commentary and represent his perspective on monetary policy impacts rather than independently verified market data.
The post also referenced subdued inflation readings and called for a sizable rate cut. Market participants and analysts will continue to monitor official Federal Reserve communications for policy guidance and confirmation of economic indicators.
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