{"id":40168,"date":"2025-01-29T19:42:22","date_gmt":"2025-01-29T19:42:22","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=40168"},"modified":"2025-01-29T19:42:22","modified_gmt":"2025-01-29T19:42:22","slug":"trump-blames-federal-reserve-jerome-powell-speech-after-fomc-meeting-2025","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=40168","title":{"rendered":"Trump Blames Federal Reserve Jerome Powell Speech After FOMC Meeting 2025"},"content":{"rendered":"

The \u00a0Federal Reserve Jerome Powell speech began with the Fed deliberately pausing to cut rates, which went against President Donald Trump\u2019s demand to cut them<\/a>. Trump is going to pin 100% of the blame for the market crash on Powell and then have the long knives brought out. Get ready.<\/p>\n

\u201cThe economy is strong; inflation has moved closer to our 2% goal but remains somewhat elevated,\u201d said Powell at the FOMC Press Conference<\/a> in Washington. \u201cOverall, a wide set of indicators suggest that conditions in the labor market are broadly unbalanced.\u201d<\/p>\n

(X<\/a>)<\/p>\n

With the economy holding firm<\/a>, the labor market stabilizing, and inflation refusing to back down<\/a>, the Fed will hold rates steady, at least for now.<\/p>\n

Bitcoin fell 1.2% on the news, and the total crypto market cap is down 2.6%.<\/p>\n

\u00a0Federal Reserve Jerome Powell Speech<\/h2>\n

(Federal Reserve Jerome Powell Speech\u00a0<\/a>)<\/p>\n

Today, the Federal Open Market Committee (FOMC) announced it\u2019s holding the line on the federal funds rate, keeping it steady between 4.25% and 4.5%. The decision temporarily halts rate cuts that began last year and has shaved down borrowing costs.<\/p>\n

\u201cWith the economy remaining strong, we do not need to be in a hurry to adjust our policy stance,\u201d said Powell.<\/p>\n

Powell also stressed caution and a data-first outlook in his post-meeting remarks.<\/p>\n

Inflation Remains a Concern At FOMC Meeting<\/h2>\n

The first question directed towards Jerome Powell was about the influence President Donald Trump had on interest rate cuts after demanding the Fed cut rates.<\/p>\n

Powell answered, \u201cI have no comment on what the president said. I\u2019ve had no contact [with the president].\u201d<\/p>\n

Trump has demanded the Fed continue cutting interest rates\u2026<\/p>\n

But there\u2019s a 98% chance The Fed ignores his demands today. pic.twitter.com\/TwXbobMw1P<\/a><\/p>\n

\u2014 Polymarket (@Polymarket) January 29, 2025<\/a><\/p>\n\n

The Fed\u2019s breakneck pace of tightening last year tamed inflation somewhat, but it remains sticky, stubbornly perched above target. Cutting rates too soon risks reigniting the very pressures the Fed worked to suppress.<\/p>\n

\u201cInflation isn\u2019t dead yet,\u201d said Erasmus Kersting, an economist at Villanova, in an\u00a0interview<\/a>.\u00a0\u201cFor now, keeping cuts off the table seems prudent.\u201d<\/p>\n

Potential moves from President Donald Trump\u2019s administration complicate this calculus. Tariffs, spending overhauls, and immigration crackdowns threaten to disrupt monetary planning.<\/p>\n

A \u201cWait-and-See\u201d Approach After Federal Reserve Jerome Powell Speech<\/h2>\n

The Fed\u2019s latest stance highlights a return to its data-dependent mantra. With inflation slowing in late 2024 and the labor market cooling from post-pandemic highs, officials appear content to hold rates steady until clearer economic indicators emerge.<\/p>\n

Quantitative tightening continues in the background, further pressuring long-term bond yields. At the same time, the Fed\u2019s balance sheet has shrunk significantly, easing its footprint in credit markets.<\/p>\n

Most economists predict the Fed will hold rates steady through its March meeting, with potential cuts delayed until May. For now, patience is the name of the game. Powell must balance inflation risks, labor market strength, and the possibility of external shocks from new federal policies.<\/p>\n

The \u201cFederal Reserve Interest Rate Policy 2025\u201d storyline reflects a central bank intent on navigating economic turbulence while safeguarding price stability and employment. With the focus on data over speculation, the Fed\u2019s measured approach ensures it remains ready to adapt as economic conditions evolve.<\/p>\n

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The post Trump Blames Federal Reserve Jerome Powell Speech After FOMC Meeting 2025<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

The \u00a0Federal Reserve Jerome Powell speech began with the Fed deliberately pausing to cut rates, which went against President Donald Trump\u2019s demand to cut them. Trump is going to pin 100% of the blame for the market crash on Powell and then have the long knives brought out. Get ready. \u201cThe economy is strong; inflation […]<\/p>\n","protected":false},"author":0,"featured_media":40169,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-40168","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/40168"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=40168"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/40168\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/40169"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}