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Gate Square New & Returning Creator Rewards are ongoing!
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#BTC 🩸 Donald Trump vs. Jerome Powell: A Battle Over the Fed! 🩸
🔥 During his election campaign, Donald Trump boldly claimed several times that he would fire Jerome Powell, the Chair of the US Federal Reserve. But Powell didn’t back down:
💬 "I will complete my mission until the very last day!"
He firmly reminded everyone that it’s not Trump’s right or authority to remove him. 💪
🟢 Trump’s Push for Lower Interest Rates
Trump demanded interest rate cuts 📉 to fuel economic growth, but Powell stood his ground:
📊 “Setting interest rates is the exclusive jurisdiction of the Federal Reserve. Decisions are guided by economic data and inflation trends, not political pressure.”
🛡️ The Fed’s Independence is Crucial
The Federal Reserve operates independently, and this independence is what gives it credibility. Powell warned:
❌ Political interference in economic matters could lead to corruption and even collapse the US economy.
✨ What Lies Ahead?
The key question now:
Will the Federal Reserve remain strong and unshaken 💎 under Trump’s pressure?
Or will politics begin to influence economic decisions?
🔮 Stay tuned to see if the Fed proves itself as an unbreakable institution, or if the heat from political pressure will leave a mark.
💵 Economy vs. Politics: The battle continues! 💵
#Join Honor Credits Draw & Win MacBook, Merch and More! #Which Altcoin Have You Bought Recently? #Crypto market pullback