President Trump Pushes Fed to Cut Interest Rates, Saying 'There is no inflation'

In a post on Truth Social, President Donald Trump urged the Federal Reserve (Fed) to cut interest rates, claiming that inflation does not exist as oil and food prices decline.

April 8, 2025.

President Donald Trump took to Truth Social on Monday to pressure the Federal Reserve into cutting interest rates, claiming that inflation does not exist as oil and food prices decrease.

Trump urged, “Oil prices are down, interest rates are down, THERE IS NO INFLATION, yet the Fed isn’t cutting rates (they prefer to pour money into the system). The Democrats have no appetite for cutting taxes and spending, which is badly needed.”

His aggressive tax policies against China have led to chaos in the markets, with Nasdaq futures dropping by 2.5% and bitcoin prices down by 3% in early trading.

Trump also stated that he would not sign a trade agreement with China until the trade deficit is resolved.

“We’re not going to sign a trade agreement with China until we get the massive trade deficit down,” Trump wrote. “They’ll never agree to that, but they’ll have to. We’ll put in massive tariffs if they don’t. I’m the only one who can handle it!”

Here are the potential impacts of Trump's call for interest rate cuts on cryptocurrencies Fetch.ai (FET), Arbitrum (ARB), and Pepe (PEPE):

Fetch.ai (FET)

- Positive Impact: If interest rates decrease, it could boost investment in technology and blockchain applications, helping FET attract interest from investors and develop projects.

Arbitrum (ARB)

- Neutral to Positive Impact: With lower interest rates, the cryptocurrency market may become more attractive, encouraging users to engage with DeFi protocols on Arbitrum. However, market volatility could also pose risks.

Pepe (PEPE)

- Negative Impact: Pepe, being a meme coin, is often sensitive to market sentiment. If the stock market declines sharply due to economic instability, it could lead to reduced confidence in cryptocurrencies without fundamental value like PEPE.

In summary, the interest rate cuts could create a favorable environment for cryptocurrencies, but it's essential to monitor other factors such as the global economic situation and investor sentiment.

#News $FET $ARB $PEPE #BTCBelow80K