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Key Points:
- Federal Reserve chair Jerome Powell said Tuesday he would have likely lowered interest rates in 2025 already if President Donald Trump hadn't pursued his volatile tariff agenda.
- Trump has been aggressively lobbying Powell to cut interest rates for months without success.
- Bitcoin's price was mostly unaffected by the statement, though the coin routinely rises and falls on interest rate-related news.
submitted by /u/CriticalCobraz [link] [comments] |