Trump pushes for 1% rates as Fed hikes to 3.75%-4.00%
- —Trump says rates should be 1% or lower, a target only he has proposed
- —Fed raised the funds rate to 3.75%-4.00%
- —Collins warns inflation may run well above the 2% target
- —Fed keeps policy restrictive given a resilient labor market
Why it matters: The widening White House-Fed rift adds rate uncertainty that weighs on bitcoin and risk assets.
Source: PANews