Former President Trump has indicated that significant interest rate cuts may be imminent, aligning with his strategy to manage the U.S. national debt. Current market analysis shows a 98.9% probability of a Federal Reserve rate cut in October. This potential monetary policy shift comes in the wake of a $20 billion crypto market liquidation and a broader market downturn, with gold and silver reaching new all-time highs. Trump's rumored approach involves suppressing cryptocurrency prices while boosting precious metals to fortify the U.S. dollar, with plans to eventually invest in crypto assets.
Trump Anticipates Major Rate Cuts Amid High Fed Cut Odds
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